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Wake Forest Retail Opportunity
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1030 Forestville Road, Wake Forest, NC 27587

Centrally located retail space in Wake Forest, North Carolina.

Space SizeContact for details
Days on Market271

Property Features for 1030 Forestville Road

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Raleigh
Listed By: Charlie Coyne
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 17 Last Checked: Aug 20 at 11:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Raleigh

Investment Insights

Based on property information with market context.

The Shoppes at Heritage Village are centrally located in Wake Forest, North Carolina, serving an affluent customer base in this growing Raleigh suburb.

Key Highlights

  • Centrally located in Wake Forest
  • Serves an affluent customer base
  • Located in a booming Raleigh suburb

Property Analytics

Current Use

Publix Pharmacy at The Shoppes ... Pharmacy City National Bank ... Bank Publix Catering at The Shoppes ... Take-out & Catering Redbox Cinema Primo Water Refill Big Box & Wholesale Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Auto Repair Shop Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

493
Businesses Nearby
226k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 37% Groceries 34% Shops & Services 28% Beauty & Spa 1%
Publix Groceries
40,090 visits/mo 0.1 miles
Sheetz Shops & Services
37,830 visits/mo 0.4 miles
Chick-fil-A Dining
37,669 visits/mo 0.1 miles
Harris Teeter Groceries
36,416 visits/mo 0.2 miles
McDonald's Dining
21,620 visits/mo 0.1 miles

Demographics for 27587, NC

76,647
Population
30,571
Households
2.5
Avg Household Size
40
Median Age
56%
College-Educated
96%
High-School Grad
105.1 sq mi
ZIP Area
729
Density / Sq Mi
$125,607
Median Household Income
$59,006
Median Earnings
$1,415
Median Rent
$452,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM Harris Teeter, 3638 Rogers Rd, Wake Forest, NC 27587
  • Wheatfield Shopping Center 3600 Rogers Branch Rd, Wake Forest, NC 27587

Frequently Asked Questions

What type of property is this?
Shopping center - Centrally located retail space in Wake Forest, North Carolina.
Where is this shopping center located?
The property is located at 1030 Forestville Road Wake Forest, NC.
What are key features of this property?
This property features: Centrally located in Wake Forest; Serves an affluent customer base; Located in a booming Raleigh suburb
More about this property
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