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Highlights

  • Freestanding retail building at the intersection of Peace Street and Capital Boulevard.
  • Building signage opportunities support tenant branding and customer awareness.
  • On-site parking provides convenient access for customers and employees.
  • Prominent visibility from a signalized intersection near Downtown Raleigh.
  • Surrounded by established retail, dining, residential, and mixed-use development.
  • Located near Seaboard Station and the Smoky Hollow district.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 120
  • 2,505 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Availability
2027-02-01

This freestanding retail space offers an open layout suitable for a variety of retail, showroom, service, or food-and-beverage concepts. The configuration provides flexibility for tenant customization and supports customer-facing operations in a single-level setting. Available February 2027.

  • Flexible layout accommodates multiple retail conce
  • Freestanding space with dedicated customer presenc
  • Located at a signalized intersection.
  • Signage opportunity along a major corridor.
  • Customer parking available on-site.
  • Available for occupancy February 2027.
Space Size Term Rental Rate Rent Type
1st Floor, Ste 120 2,505 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

1st Floor, Ste 120

Size
2,505 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Availability
2027-02-01

This freestanding retail space offers an open layout suitable for a variety of retail, showroom, service, or food-and-beverage concepts. The configuration provides flexibility for tenant customization and supports customer-facing operations in a single-level setting. Available February 2027.

  • Flexible layout accommodates multiple retail conce
  • Freestanding space with dedicated customer presenc
  • Located at a signalized intersection.
  • Signage opportunity along a major corridor.
  • Customer parking available on-site.
  • Available for occupancy February 2027.

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at McNitt Commons

  • Tenant
  • Description
  • US Locations
  • Reach
  • Golden Isles Rare Coins & Jewelry
  • Pet Shop/Supplies
  • 1
  • -
  • Jersey Mike's Subs
  • Sub Sandwich
  • 3,704
  • International
  • Zoom Dry Clean
  • Laundry
  • 1
  • -
Tenant Description US Locations Reach
Golden Isles Rare Coins & Jewelry Pet Shop/Supplies 1 -
Jersey Mike's Subs Sub Sandwich 3,704 International
Zoom Dry Clean Laundry 1 -

Property Facts

Total Space Available 2,505 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 7,330 SF
Total Land Area 0.85 AC
Year Built 1960
Parking Ratio 4.09/1,000 SF
Cross Streets Capital Blvd

About the Property

200 W Peace Street presents a freestanding retail opportunity at the intersection of Peace Street and Capital Boulevard, one of the primary gateways into Downtown Raleigh. Positioned within the Seaboard Station area and near the Smoky Hollow district, the property benefits from connectivity to surrounding residential, office, retail, and entertainment destinations that contribute to consistent daily activity throughout the area.

  • Bus Line
  • Signage
  • Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100

Nearby Major Retailers

Publix
Sullivan's Steakhouse
Bad Daddy's Burger Bar
Starbucks
HOTWORX
Stretch Zone
Club Pilates
Raleigh Cross Fit
The Brass Tap
Yoga Six
  • Listing ID: 41825074

  • Date on Market: 2026-08-20

  • Last Updated:

  • Address: 200 W Peace St, Raleigh, NC 27603

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