Capital Square

Off-Market

3131 Capital Blvd, Raleigh, NC 27604

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  • Property Type Retail - Community Center
  • Property Size 143,063 SF
  • Lot Size 13.3 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1972

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 04 Apr, 2002
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Raleigh

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Raleigh Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $29.20
  • 2022 Office Vacancy Rate 17.51%
  • 2022 Office Completions (SF) 567,852

Raleigh Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $384.00
  • 2022 Office Sales Volume $513.1M
  • 2022 Number of Transactions 14
View more Raleigh market trends

Location

Getting Around

  • Walk Score ®

    55/100 Somewhat Walkable
  • Transit Score ®

    41/100 Some Transit
  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Raleigh, NC
  • Neighborhood Brentwood
  • Zip Code 27604
  • Market Raleigh Durham

Points of Interest

  • Raleigh

    4.49 miles

  • Mobil

    0.30 miles

  • BP

    0.48 miles

  • BP

    0.61 miles

  • Circle K

    0.68 miles

  • Valero

    1.08 miles

  • Shell

    1.12 miles

  • Han-Dee Hugo's

    1.41 miles

  • 7-Eleven

    1.52 miles

  • Exxon

    1.56 miles

  • Han-Dee Hugo's

    1.58 miles

  • Highwoods Properties: Highwoods Tower Two

    1.03 miles

  • Greenway Parking

    1.74 miles

  • Senior Lot

    2.72 miles

  • Staff Parking

    2.74 miles

  • Advanced Auto Parts Tower

    2.80 miles

  • Junior Lot

    2.81 miles

  • Carpool Loop

    2.84 miles

  • Allen Drive Trailhead Parking

    3.20 miles

  • Buffalo Road Aquatic Center Parking Lot

    3.31 miles

  • Milburnie Park Car Parking

    3.38 miles

  • Hibachi

    0.02 miles

  • IHOP

    0.17 miles

  • Mayflower Seafood Restaurant

    0.20 miles

  • McDonald's

    0.20 miles

  • Cook Out

    0.22 miles

  • Popeyes

    0.27 miles

  • Los Cuates

    0.37 miles

  • Subway

    0.43 miles

  • Golden Corral

    0.43 miles

  • Chuck E. Cheese's

    0.44 miles

  • Food Lion

    0.09 miles

  • Compare

    1.05 miles

  • Walmart Supercenter

    1.34 miles

  • Lidl

    1.44 miles

  • Lidl

    1.57 miles

  • Ross

    1.58 miles

  • ALDI

    1.61 miles

  • Wegmans

    1.63 miles

  • Food Lion

    1.68 miles

  • Trader Joe's

    1.71 miles

Frequently Asked Questions

What is the total square footage of Capital Square?

Capital Square totals 143,063 square feet.

When was this property built?

Capital Square was built in 1972.

When was Capital Square last sold?

Capital Square was last sold on 04 Apr, 2002.

What is the property tax for Capital Square?

The property tax for Capital Square in 2023 was $185,447.

What is the market value for Capital Square?

The market value* for Capital Square in 2023 was $17,013,497.

*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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