What Retail Space Rent & Type to Expect in Raleigh, NC
In Raleigh, the average cost per square foot of renting retail space comes up to $30.77, based on local retail spaces listed for lease on our website. This price can be influenced by several factors, such as location, retail space type, space size, and the structure or type of the lease.
The most popular lease type in Raleigh is NNN, with 39 space(s) available for rent under such an agreement.
You can also find 1 option(s) available with Modified Gross lease agreements, and 1 Net listing(s).
Most Common Type of Lease for Retail Listings in Raleigh, NC
- NNN
39
- Modified Gross
1
- Net
1
Data based on retail spaces listed for rent on PropertyShark.com.
Learn More About Retail Space Listings in Raleigh, NC
There is a total of 995,979 square feet of retail space in Raleigh.
This includes retail spaces ranging from 1 to 154,004 square feet.
Most retail spaces in Raleigh are sized 1,000 sqft to 2,500 sqft, with 98 retail listing(s) falling in this category.
Raleigh is also home to 45 listing(s) in the 2,500 sqft to 5,000 sqft size range.
Retail Size Bucket
No. of Listings
more than 5,000 sqft
38
2,500 sqft to 5,000 sqft
45
1,000 sqft to 2,500 sqft
98
less than 1,000 sqft
12
Most retail spaces in Raleigh fall within the Restaurant category, of which you can find 7 space(s) listed locally.
On average, this type of commercial space offers 4,154 square feet.
Restaurant retail space offers tenants all the amenities that such an establishment might need to prepare and serve food on the premises. That usually includes a seating area, separate kitchen and storage.
Raleigh also hosts 5 Street Retail space(s), which have an average square footage of 1,994 square feet.
A favorite of boutique shoppers worldwide, street retail properties offer businesses great access to urban and suburban customer bases. Generally being smaller in size, these retail spaces can be a great choice for some categories of retail businesses.
The third most popular type of retail space in the Raleigh market is Strip Retail, of which you’ll see 4 listing(s).
Strip Retail spaces span 1,314 square feet on average.
Strip retail spaces target customers that intend to make a single stop for all their shopping needs. To that end, businesses that intend to rent a strip retail space can benefit greatly from filling a niche in a strip mall or complementing the other stores around them.
Raleigh, NC Retail for Lease Listings by Retail Use Type
- Restaurant
7
- Street Retail
5
- Strip Retail
4
Data based on retail spaces listed for rent on PropertyShark.com.
Where You Are Most Likely to Find Retail Space in Raleigh, NC
Some neighborhoods become famed shopping destinations thanks to their long retail history. Other times, an area’s potential for shoppers is boosted by the opening of a large shopping mall, attracting more retail development to take advantage of the influx of shoppers.
Downtown Raleigh is Raleigh's most popular neighborhood for retail, currently home to 42 listing(s).
The most popular retail space type in Downtown Raleigh is Street Retail, of which you can currently find 3 listing(s).
Another popular area for retail space in Raleigh is North Haven, which currently offers 11 retail listing(s).
In the North Haven neighborhood, the most common subtype of retail is Strip Retail. You can find 3 Strip Retail listing(s) here.
Glenwood can also be counted among the best areas of Raleigh for retail leasing opportunities. This Glenwood submarket currently offers 11 retail listing(s).
Downtown Raleigh
42
North Haven
11
Glenwood
11
Quail Hollow
9
Brook Forest
9