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Highlights
- ±3,000 SF across two freestanding buildings | ±0.41-acre combined site
- Existing automotive repair facility with retail redevelopment potential
- Rare Inside-the-Beltline automotive/retail site with dedicated paved yard area
- Multiple drive-in and roll-up bay doors | Expansive outdoor storage / laydown area
- Minutes from Downtown Raleigh, Glenwood South, NC State University, and Wade Avenue
- Lease Rate: $6,500/month NNN
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,000 SF | Negotiable | $26.00 /SF/YR $2.17 /SF/MO $78,000 /YR $6,500 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- ±3,000 SF across two freestanding buildings
- ±0.41-acre combined site
- Existing automotive repair facility
- Automotive/retail site with dedicated paved yard
- Lease Rate: $6,500/month NNN
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 1516 and 1512 Dixie Trail
- Tenant
- Description
- US Locations
- Reach
- Dixie Trail Automotive
- Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| Dixie Trail Automotive | Services | 1 | - |
Property Facts
| Total Space Available | 3,000 SF | Year Built | 1959 |
| Property Type | Retail | Parking Ratio | 9.4/1,000 SF |
| Property Subtype | Auto Repair | Cross Streets | Medlin Dr |
| Gross Leasable Area | 3,000 SF |
| Total Space Available | 3,000 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Leasable Area | 3,000 SF |
| Year Built | 1959 |
| Parking Ratio | 9.4/1,000 SF |
| Cross Streets | Medlin Dr |
About the Property
1516 Dixie Trail presents a rare opportunity to lease a highly visible automotive repair or retail redevelopment property in one of Raleigh’s most supply-constrained Inside-the-Beltline submarkets. Featuring approximately 3,000 SF across two buildings and a paved yard area, the property offers a unique combination of existing improvements, frontage, and redevelopment potential. The lease also includes the adjacent parcel at 1512 Dixie Trail, creating a larger combined site with additional parking, storage, or future site enhancement opportunities. Positioned Inside-the-Beltline just off Wade Avenue, the property benefits from one of Raleigh’s most affluent and desirable trade areas. The site is surrounded by established neighborhoods, strong household incomes, exceptional home values, NC State University, Glenwood South, and Downtown Raleigh. With limited redevelopment opportunities remaining in this corridor, the property offers a unique combination of visibility, accessibility, and long-term value.
Nearby Major Retailers
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1516 and 1512 Dixie Trail | 1516 Dixie Trl
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