2512 Hillsborough St
Raleigh, NC 27607
Target · Retail Property For Sale

Marcus & Millichap is pleased to exclusively offer a rare, flexible-format, and urban Target in Raleigh, North Carolina. The location is a completely remodeled building, that is leased to Target Corporation on Hillsborough Street, the main business and cultural thoroughfare in Raleigh, North Carolina. The smaller version of its big-box store will sell fresh groceries, grab-and-go items, dorm and apartment essentials, clothing, and electronics and include a CVS Pharmacy. The carefully selected items will be suited mostly for the col-lege students across the street attending North Carolina State University with an enrollment of nearly 34,000 students and 9,000 faculty and administrative staff members. The Target is ideally positioned in an underserved metropolitan area that has experienced population growth of 147 percent within one mile since 2000. The property also benefits greatly from its proximity to multiple student housing: 20 resident halls, four on-campus apartments, and 16 learning and living villages.