Family Office Briefing on research byLee & Associates·Jan 28, 2025
2024 Q4 Raleigh, NC - Retail
Raleigh retail market vacancy increased slightly to 2.36% in Q4 2024 — family offices should consider co-GP opportunities with strong operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 2.36% |
| Net Absorption | 291,543SF |
| Average NNN Asking Rate | 26.52$/SF |
| Sale Price | 260$/SF |
| Cap Rate | 6.59% |
| Under Construction | 704,275SF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Lee & Associates
Building a thesis around Raleigh? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent retail strategies.
Peer Network · By Invitation
The Thesis Exchange
Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.