Retail redevelopment opportunity in Raleigh, the vibrate capital of North Carolina. Located in a bustling commercial area with established businesses and retail surrounding the site. This movie theater property has over 67,000 SF and has great visibility, signage and a huge lot with over 9 acres. The property would be ideal for another movie theater user or perhaps outright redevelopment. The large lot is a bonus as it will allow plenty of space for a variety of redevelopment concepts.
Raleigh, NC features excellent demographics and a growing population. The city has ranked as one of the fastest growing cities in the United States, according to Forbes. Known as the city of oaks for its many oak trees that line the streets. The city is home to one of the country's largest and most successful research parks and is a major center of high-tech and biotech research. It is also home to a number of colleges and universities including North Carolina State University, which is the largest university in the Carolinas with a student population of 34,000+. With over approximately 16 million visitors annually, Raleigh offers an abundance of things to do for their residence and visitors, with everything from parks and recreational activities, to museums, to experiencing the arts and culture of the city.