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Millbrook Collection 4701 Atlantic Ave 1 - 31,930 SF of Retail Space Available in Raleigh, NC 27604

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HIGHLIGHTS

  • Located at the busy intersection of Millbrook Road and Atlantic Avenue
  • Anchored by NC Secretary of State
  • Multiple points of ingress and egress
  • Traffic counts average 27,000 cars per day on Atlantic Avenue and 20,000 on Millbrook Road

SPACE AVAILABILITY (4)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 118
  • 23,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
4701 Atlantic Ave - 1st Floor - Ste 118
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Built out as Department of Revenue office and training center; space coming available by 9/30/2025; half of space is made up of large training rooms and half is primarily hard-walled offices. Space offers high ceilings, dock, mezzanine areas(not included in SF), ample parking, and an anchor position in the center. The space can be divided if necessary. Landlord is open to a variety of uses including grocery, entertainment, recreational, tradition and non-traditional retail, medical, office/flex, any many more. Please reach out Jimmy Conder for additional details.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Professional Services Office
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 25,730 SF of adjacent space
  • 1 Loading Dock
  • Anchor Space
  • Central Air and Heating
  • Private Restrooms
  • High Ceilings
  • Drop Ceilings
  • After Hours HVAC Available
  • 1st Floor, Ste 119
  • 2,730 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
4701 Atlantic Ave - 1st Floor - Ste 119
Space Use
Retail
Condition
-
Availability
Now

Coming Available - Contact broker for details!

  • Can be combined with additional space(s) for up to 25,730 SF of adjacent space
  • 1st Floor, Ste 141
  • 5,200 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
4701 Atlantic Ave - 1st Floor - Ste 141
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Coming Available - Contact broker for details!

  • Fully Built-Out as Standard Retail Space
  • 1st Floor, Ste Pad Site
  • 1-1,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
4701 Atlantic Ave - 1st Floor - Ste Pad Site
Space Use
Retail
Condition
Spec Suite
Availability
Now

Pad site available as ground lease or build to suit.

  • Space is an outparcel at this property
  • Space is in Excellent Condition
Space Size Term Rental Rate Rent Type
1st Floor, Ste 118 23,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)
1st Floor, Ste 119 2,730 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste 141 5,200 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste Pad Site 1-1,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable

4701 Atlantic Ave - 1st Floor - Ste 118

Size
23,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Built out as Department of Revenue office and training center; space coming available by 9/30/2025; half of space is made up of large training rooms and half is primarily hard-walled offices. Space offers high ceilings, dock, mezzanine areas(not included in SF), ample parking, and an anchor position in the center. The space can be divided if necessary. Landlord is open to a variety of uses including grocery, entertainment, recreational, tradition and non-traditional retail, medical, office/flex, any many more. Please reach out Jimmy Conder for additional details.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Professional Services Office
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 25,730 SF of adjacent space
  • 1 Loading Dock
  • Anchor Space
  • Central Air and Heating
  • Private Restrooms
  • High Ceilings
  • Drop Ceilings
  • After Hours HVAC Available

4701 Atlantic Ave - 1st Floor - Ste 119

Size
2,730 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
-
Availability
Now

Coming Available - Contact broker for details!

  • Can be combined with additional space(s) for up to 25,730 SF of adjacent space

4701 Atlantic Ave - 1st Floor - Ste 141

Size
5,200 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Coming Available - Contact broker for details!

  • Fully Built-Out as Standard Retail Space

4701 Atlantic Ave - 1st Floor - Ste Pad Site

Size
1-1,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Spec Suite
Availability
Now

Pad site available as ground lease or build to suit.

  • Space is an outparcel at this property
  • Space is in Excellent Condition

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 MILLBROOK COLLECTION

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Burn Boot Camp
  • Fitness
  • 521
  • National
  • North Carolina Secretary of State
  • Administrative and Support Services
  • -
  • -
  • Seoul Garden
  • Restaurant
  • 1
  • Local
TENANT DESCRIPTION US LOCATIONS REACH
Burn Boot Camp Fitness 521 National
North Carolina Secretary of State Administrative and Support Services - -
Seoul Garden Restaurant 1 Local

PROPERTY FACTS

Total Space Available 31,930 SF
Min. Divisible 1 SF
Max. Contiguous 25,730 SF
Center Type Neighborhood Center
Parking 754 Spaces
Stores 16
Center Properties 3
Frontage
Atlantic Ave
  • E Millbrook Rd
Gross Leasable Area 106,525 SF
Total Land Area 27.38 AC
Year Built 1989

ABOUT THE PROPERTY

Millbrook Collection is located in the heart of Raleigh, NC at the busy intersection of Millbrook Road and Atlantic Avenue. Anchored by the NC Secretary of State and the NC Department of Revenue, the center has a wide variety of retail, restaurant and professional service tenants that generate a daily flow of traffic to the center. Traffic counts on Atlantic Avenue average 26,500 cars per day. Small shop space available is ideal for a Pizzeria, Coffee and Pastry shop, or Bagel shop. No internet cafes.

  • Bus Line
  • Dedicated Turn Lane
  • Food Court
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC

NEARBY MAJOR RETAILERS

Jazzercise
Anytime Fitness
Pei Wei Asian Diner
Carolina Ale House
Red Hot & Blue
It's A Grind Coffee House
Lidl
Hooters
Red Lobster
WW
  • Listing ID: 12861188

  • Date on Market: 2025-01-23

  • Last Updated:

  • Address: 4701 Atlantic Ave, Raleigh, NC 27604

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