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Highlights

  • Highly visible to traffic on both Millbrook and Falls of Neuse Roads
  • Phase II of Quail Corners to begin construction Q4 2022

Space Availability (11)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 100
  • 3,106 SF
  • Negotiable
  • $47.75 CAD/SF/YR $3.98 CAD/SF/MO $148,307 CAD/YR $12,359 CAD/MO
  • Triple Net (NNN)
1200 E Millbrook Rd - 1st Floor - Ste 100
Space Use
Retail
Build-Out
Shell Space
Availability
Now

New suite available in Phase II in Quail Corners. No tobacco and vape stores

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 1st Floor, Ste 107
  • 1,022 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
1200 E Millbrook Rd - 1st Floor - Ste 107
Space Use
Retail
Build-Out
Shell Space
Availability
Now

New suite available in Phase II in Quail Corners. No tobacco and vape stores

  • Located in-line with other retail
  • Space is in Excellent Condition
  • 1st Floor, Ste 114
  • 2,358-2,412 SF
  • Negotiable
  • $47.75 CAD/SF/YR $3.98 CAD/SF/MO $115,169 CAD/YR $9,597 CAD/MO
  • Triple Net (NNN)
1200 E Millbrook Rd - 1st Floor - Ste 114
Space Use
Retail
Build-Out
Shell Space
Availability
Now

New suite available in Phase II in Quail Corners. No tobacco and vape stores

  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition
  • 1st Floor, Ste 15
  • 2,133 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
5029 Falls of Neuse Rd - 1st Floor - Ste 15
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • 1st Floor, Ste 24
  • 1,747 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
5029 Falls of Neuse Rd - 1st Floor - Ste 24
Space Use
Retail
Build-Out
Full Build-Out
Availability
2026-05-01

Located at the intersection of Millbrook and Falls of Neuse Roads

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • 2nd Floor, Ste 200
  • 1,098 SF
  • Negotiable
  • $47.75 CAD/SF/YR $3.98 CAD/SF/MO $52,428 CAD/YR $4,369 CAD/MO
  • Triple Net (NNN)
1200 E Millbrook Rd - 2nd Floor - Ste 200
Space Use
Office
Build-Out
Shell Space
Availability
Now

New suite available in Phase II in Quail Corners.

  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan Layout
  • Space is in Excellent Condition
  • 2nd Floor, Ste 206
  • 748 SF
  • Negotiable
  • $47.75 CAD/SF/YR $3.98 CAD/SF/MO $35,716 CAD/YR $2,976 CAD/MO
  • Triple Net (NNN)
1200 E Millbrook Rd - 2nd Floor - Ste 206
Space Use
Office
Build-Out
Shell Space
Availability
Now

New suite available in Phase II in Quail Corners.

  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan Layout
  • 2nd Floor, Ste 210
  • 935 SF
  • Negotiable
  • $47.75 CAD/SF/YR $3.98 CAD/SF/MO $44,645 CAD/YR $3,720 CAD/MO
  • Triple Net (NNN)
1200 E Millbrook Rd - 2nd Floor - Ste 210
Space Use
Office
Build-Out
Shell Space
Availability
Now

New suite available in Phase II in Quail Corners.

  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan Layout
  • 2nd Floor, Ste 211
  • 1,339 SF
  • Negotiable
  • $47.75 CAD/SF/YR $3.98 CAD/SF/MO $63,935 CAD/YR $5,328 CAD/MO
  • Triple Net (NNN)
1200 E Millbrook Rd - 2nd Floor - Ste 211
Space Use
Office
Build-Out
Shell Space
Availability
Now

New suite available in Phase II in Quail Corners.

  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan Layout
  • 2nd Floor, Ste 212
  • 646 SF
  • Negotiable
  • $47.75 CAD/SF/YR $3.98 CAD/SF/MO $30,845 CAD/YR $2,570 CAD/MO
  • Triple Net (NNN)
1200 E Millbrook Rd - 2nd Floor - Ste 212
Space Use
Office
Build-Out
Shell Space
Availability
Now

New suite available in Phase II in Quail Corners.

  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan Layout
  • 2nd Floor, Ste 214
  • 900 SF
  • Negotiable
  • $47.75 CAD/SF/YR $3.98 CAD/SF/MO $42,974 CAD/YR $3,581 CAD/MO
  • Triple Net (NNN)
1200 E Millbrook Rd - 2nd Floor - Ste 214
Space Use
Office
Build-Out
Shell Space
Availability
Now

New suite available in Phase II in Quail Corners.

  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan Layout
Space Size Term Rental Rate Rent Type
1st Floor, Ste 100 3,106 SF Negotiable $47.75 CAD/SF/YR $3.98 CAD/SF/MO $148,307 CAD/YR $12,359 CAD/MO Triple Net (NNN)
1st Floor, Ste 107 1,022 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste 114 2,358-2,412 SF Negotiable $47.75 CAD/SF/YR $3.98 CAD/SF/MO $115,169 CAD/YR $9,597 CAD/MO Triple Net (NNN)
1st Floor, Ste 15 2,133 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste 24 1,747 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable
2nd Floor, Ste 200 1,098 SF Negotiable $47.75 CAD/SF/YR $3.98 CAD/SF/MO $52,428 CAD/YR $4,369 CAD/MO Triple Net (NNN)
2nd Floor, Ste 206 748 SF Negotiable $47.75 CAD/SF/YR $3.98 CAD/SF/MO $35,716 CAD/YR $2,976 CAD/MO Triple Net (NNN)
2nd Floor, Ste 210 935 SF Negotiable $47.75 CAD/SF/YR $3.98 CAD/SF/MO $44,645 CAD/YR $3,720 CAD/MO Triple Net (NNN)
2nd Floor, Ste 211 1,339 SF Negotiable $47.75 CAD/SF/YR $3.98 CAD/SF/MO $63,935 CAD/YR $5,328 CAD/MO Triple Net (NNN)
2nd Floor, Ste 212 646 SF Negotiable $47.75 CAD/SF/YR $3.98 CAD/SF/MO $30,845 CAD/YR $2,570 CAD/MO Triple Net (NNN)
2nd Floor, Ste 214 900 SF Negotiable $47.75 CAD/SF/YR $3.98 CAD/SF/MO $42,974 CAD/YR $3,581 CAD/MO Triple Net (NNN)

1200 E Millbrook Rd - 1st Floor - Ste 100

Size
3,106 SF
Term
Negotiable
Rental Rate
$47.75 CAD/SF/YR $3.98 CAD/SF/MO $148,307 CAD/YR $12,359 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

New suite available in Phase II in Quail Corners. No tobacco and vape stores

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition

1200 E Millbrook Rd - 1st Floor - Ste 107

Size
1,022 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
Shell Space
Availability
Now

New suite available in Phase II in Quail Corners. No tobacco and vape stores

  • Located in-line with other retail
  • Space is in Excellent Condition

1200 E Millbrook Rd - 1st Floor - Ste 114

Size
2,358-2,412 SF
Term
Negotiable
Rental Rate
$47.75 CAD/SF/YR $3.98 CAD/SF/MO $115,169 CAD/YR $9,597 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

New suite available in Phase II in Quail Corners. No tobacco and vape stores

  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition

5029 Falls of Neuse Rd - 1st Floor - Ste 15

Size
2,133 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail

5029 Falls of Neuse Rd - 1st Floor - Ste 24

Size
1,747 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Build-Out
Full Build-Out
Availability
2026-05-01

Located at the intersection of Millbrook and Falls of Neuse Roads

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail

1200 E Millbrook Rd - 2nd Floor - Ste 200

Size
1,098 SF
Term
Negotiable
Rental Rate
$47.75 CAD/SF/YR $3.98 CAD/SF/MO $52,428 CAD/YR $4,369 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Office
Build-Out
Shell Space
Availability
Now

New suite available in Phase II in Quail Corners.

  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan Layout
  • Space is in Excellent Condition

1200 E Millbrook Rd - 2nd Floor - Ste 206

Size
748 SF
Term
Negotiable
Rental Rate
$47.75 CAD/SF/YR $3.98 CAD/SF/MO $35,716 CAD/YR $2,976 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Office
Build-Out
Shell Space
Availability
Now

New suite available in Phase II in Quail Corners.

  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan Layout

1200 E Millbrook Rd - 2nd Floor - Ste 210

Size
935 SF
Term
Negotiable
Rental Rate
$47.75 CAD/SF/YR $3.98 CAD/SF/MO $44,645 CAD/YR $3,720 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Office
Build-Out
Shell Space
Availability
Now

New suite available in Phase II in Quail Corners.

  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan Layout

1200 E Millbrook Rd - 2nd Floor - Ste 211

Size
1,339 SF
Term
Negotiable
Rental Rate
$47.75 CAD/SF/YR $3.98 CAD/SF/MO $63,935 CAD/YR $5,328 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Office
Build-Out
Shell Space
Availability
Now

New suite available in Phase II in Quail Corners.

  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan Layout

1200 E Millbrook Rd - 2nd Floor - Ste 212

Size
646 SF
Term
Negotiable
Rental Rate
$47.75 CAD/SF/YR $3.98 CAD/SF/MO $30,845 CAD/YR $2,570 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Office
Build-Out
Shell Space
Availability
Now

New suite available in Phase II in Quail Corners.

  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan Layout

1200 E Millbrook Rd - 2nd Floor - Ste 214

Size
900 SF
Term
Negotiable
Rental Rate
$47.75 CAD/SF/YR $3.98 CAD/SF/MO $42,974 CAD/YR $3,581 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Office
Build-Out
Shell Space
Availability
Now

New suite available in Phase II in Quail Corners.

  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan Layout

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.

Property Facts

Total Space Available 16,086 SF
Min. Divisible 646 SF
Center Type Neighborhood Center
Parking 254 Spaces
Stores 27
Center Properties 2
Frontage
358’ on Cedarhurst Dr
  • 292’ on Falls Of Neuse Rd
  • 271’ on Millbrook Rd
Gross Leasable Area 100,480 SF
Total Land Area 9.95 AC
Year Built 1968

About the Property

Located at the intersection of Millbrook and Falls of Neuse Road. Good mix of restaurants, retailers and service uses. Anchored by The Butcher’s Market and All Star Bike Shop; co-tenants include Swagger, Jimmy John’s, Peace Camera, Big Ed’s, and Carriage House Part of the booming North Raleigh area

  • Atrium
  • Dedicated Turn Lane
  • Signage
  • Signalized Intersection
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

It's A Grind Coffee House
Red Hot & Blue
Pei Wei Asian Diner
Carolina Ale House
Anytime Fitness
Jazzercise
Burn Boot Camp
Starbucks
Food Lion
Hooters
  • Listing ID: 26374471

  • Date on Market: 2026-03-24

  • Last Updated:

  • Address: 5003-5045 Falls of Neuse Rd, Raleigh, NC 27609

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