Documents
Attributes
Year Built | 1972 |
Building Area |
|
Occupancy | 100.0 % |
Property Description
Capital Square is an attractive grocery-anchored shopping center located just
a 10-minute drive from Downtown Raleigh. The Food Lion at Capital Square
is also the first major grocery store encountered when leaving Downtown
Raleigh via US-401 (also Capital Blvd.), while serving as the last major grocery
store for people driving towards Raleigh from the Northwest portion of the
city. Additionally, the Property is near the campuses of major companies/
employers, including Duke University & Duke Health Systems (41,000+
employees), IBM (8,000+ employees), SAS Institute (5,500+ employees), and
many more. This offering is a great opportunity to own a stabilized groceryanchored
shopping center in an expanding market with excellent retail
fundamentals and employment drivers.
Investment Highlights
- Food Lion (MOODYS: BAA1) has been in occupancy for over 23 years, and is operating at a 2.3% health ratio.
- #2 market for retail returns over the last 3 years - Raleigh, NC (NCREIF).
- Significant “Mark-to-Market” rent opportunity for key spaces in the coming years (2.84% projected CAGR).
- High-yield / Low-basis investment located in a top-tier market. An investor will have flexibility with merchandising, and potentially other land uses, long into the future.
- Includes two outparcel buildings.


Interested in this property?
Please fill out the form below.
Similar Properties
View more
Retail
10525 Mallard Creek
US - Charlotte, NC
Retail
Caliber Collision – Lake Norman
US - Denver, NC
Retail
Lancer Center
US - Lancaster, SC
Retail
Union Lake Crossing
US - Millville, NJ
Retail
Carlisle Marketplace
US - Carlisle, PA
Retail
Leola Commons
US - Leola, PA
Retail
Academy Sports Two-Property Portfolio
US - Greenville, NC
Retail
Hyatt Centric Retail
US - Philadelphia, PA
Retail
Stonebridge Square
US - Roswell, GA
Retail
Coleman Village
US - Roswell, GA
Retail
Greater Philadelphia Retail Portfolio
US - Dresher, PA
Retail
City Center Crossing
US - Atlanta, GA
Retail
Water Tower Square
US - Lansdale, PA
Retail
Hamilton Crossings
US - Allentown, PA
Retail
The Commons
US - Du Bois, PA
Retail
Main Street Marketplace
US - Suffolk, VA
Retail
Valvoline - Roanoke, VA
US - Roanoke, VA
Retail
Aaron's - Matthews
US - Charlotte, NC
Retail
Sonabank - Williamsburg, VA
US - Williamsburg, VA
Retail
Streetsboro Crossing
US - Streetsboro, OH
Retail
BJ's Wholesale Club - Bowie, MD
US - Bowie, MD
Retail
1401-1425 Newkirk Avenue
US - Brooklyn, NY
Retail
St. John's Town Center North
US - Jacksonville, FL
Retail
Fresh Pond Road & Woodbine Street
US - Ridgewood, NY
Retail
217 East 49th Street
US - New York, NY
Retail
421 West 54th Street
US - New York, NY
Retail
243 East 58th Street
US - New York, NY
Retail
2349 Adam Clayton Powell Boulevard
US - New York, NY
Retail
57-65 East Burnside Avenue
US - Bronx, NY