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5501-5505 Capital Blvd
Raleigh, NC 27616
Shoppes on Capital | High Traffic Location · Retail Property For Sale
Investment Highlights
- Strong Tenant Lineup - Shoppes on Capital consists of national brands with long-term NNN leases offering investors a stable income source
- Signalized Intersection - Positioned at the signalized corner of Capital Blvd and Oak Forest Drive offering ease of access
- Outdoor Seating - Both McAlister’s Deli and Five Guys feature dedicated outdoor seating allowing them to better serve customer’s evolving preferences
- Newer Construction - 100% leased center built in 2016 with high-quality, attractive construction providing little exposure to capex
- Strategic Location - Subject is in close proximity to Triangle Town Center, a 1.27M SF regional shopping destination anchored by Belk & Macy's
- Affluent Submarket of Raleigh, NC - Average Household income over $100,000 in 5-mile Radius
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,426 SF
Building Class
B
Year Built
2016
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
3.25 AC
Zoning
CX-3
CX-3
Parking
25 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
350’ on Capital Blvd
Property Taxes
| Parcel Number | 1726.06-38-6421-000 | Improvements Assessment | $6,911,551 |
| Land Assessment | $2,337,757 | Total Assessment | $9,249,308 |
Property Taxes
Parcel Number
1726.06-38-6421-000
Land Assessment
$2,337,757
Improvements Assessment
$6,911,551
Total Assessment
$9,249,308
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