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Highlights

  • Prominent North Raleigh shopping center located at the corner of Capital Boulevard/US 1 North and Falls of Neuse Road
  • Strong Co-Tenants

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 127-23
  • 1,200 SF
  • 3-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
14460 New Falls of Neuse Rd - 1st Floor - Ste 127-23
Space Use
Retail
Build-Out
Full Build-Out
Availability
Pending
  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 1st Floor, Ste Suite 15B-159
  • 1,785 SF
  • 3-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
14460 New Falls of Neuse Rd - 1st Floor - Ste Suite 15B-159
Space Use
Retail
Build-Out
Full Build-Out
Availability
Pending
  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
Space Size Term Rental Rate Rent Type
1st Floor, Ste 127-23 1,200 SF 3-10 Years Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)
1st Floor, Ste Suite 15B-159 1,785 SF 3-10 Years Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)

14460 New Falls of Neuse Rd - 1st Floor - Ste 127-23

Size
1,200 SF
Term
3-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Pending

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition

14460 New Falls of Neuse Rd - 1st Floor - Ste Suite 15B-159

Size
1,785 SF
Term
3-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Pending

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at Wakefield Commons

  • Tenant
  • Description
  • US Locations
  • Reach
  • Galaxy Fun Park
  • Other Services
  • 1
  • Local
  • Goldfish Swim School
  • Fitness
  • 230
  • National
  • Goodwill
  • Dollar/Variety/Thrift
  • 5,312
  • International
  • KinderCare
  • Daycare
  • 1,732
  • National
  • Knowledge Beginings
  • Other Services
  • 48
  • National
  • Marquee Cinema
  • Other Retail
  • 1
  • Regional
Tenant Description US Locations Reach
Galaxy Fun Park Other Services 1 Local
Goldfish Swim School Fitness 230 National
Goodwill Dollar/Variety/Thrift 5,312 International
KinderCare Daycare 1,732 National
Knowledge Beginings Other Services 48 National
Marquee Cinema Other Retail 1 Regional

Property Facts

Total Space Available 2,985 SF
Center Type Community Center
Parking 2525 Spaces
Stores 18
Center Properties 17
Frontage
Common Oaks Dr
  • Forest Pines Dr
  • New Falls of Neuse Rd
  • Wakefield Commons Dr
Gross Leasable Area 224,801 SF
Total Land Area 45.36 AC
Year Built 1999
Cross Streets Capital Blvd

About the Property

Wakefield Commons is a highly visible and well-established retail center located along New Falls of Neuse Road in North Raleigh, near the prominent intersection of Capital Boulevard/US-1 and Falls of Neuse Road. This strategic positioning provides strong daily traffic, easy access, and excellent visibility for all businesses within the center. The property features a diverse mix of national, regional, and service-oriented tenants, including Galaxy Fun Park, Marquee Cinemas, Goodwill, Starbucks, RBC Bank, Bank of America, KinderCare, Goldfish Swim School, Burn Boot Camp, Mr. Tire, and Coastal Federal Credit Union. This wide-ranging tenant lineup supports consistent activity throughout the day across entertainment, dining, childcare, fitness, financial services, and essential retail categories. Surrounded by dense and affluent residential neighborhoods, Wakefield Commons benefits from steady customer circulation and strong demographic support. With established co-tenancy, convenient access, and a well-trafficked location, the center serves as a key retail and service hub for the North Raleigh community.

  • Banking
  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
BurgerFi
Bank of America
First Citizens Bank
Harris Teeter Pharmacy
D1 Sports Training
Wells Fargo
PNC Bank
Fifth Third Bank
Chili's Grill & Bar
  • Listing ID: 35276012

  • Date on Market: 7/15/2025

  • Last Updated:

  • Address: 14460 New Falls of Neuse Rd, Raleigh, NC 27614

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