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Retail Outparcel in Cary, NC
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1805 Walnut St, Cary, NC 27518

Located in Cary, near Raleigh, adjacent to regional shopping center.

Space SizeContact for details
Days on Market268

Property Features for 1805 Walnut St

General Information

Standard status Active
Property subtype Single Tenant or Freestanding Building
Listing Agency:
Listed By: Jeff Nimmer, CCIM
Source: Tscg
Added: Nov 25, 2025 Changed: Aug 15 Last Checked: Aug 20 at 4:34AM

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 Jeff Nimmer, CCIM

Investment Insights

Based on property information with market context.

The property is situated on the north side of Walnut Street in Cary, North Carolina, just outside of Raleigh, at the corner of Walnut Street and the US 1/Hwy 64 exit/on-ramp. It is an outparcel to Crossroads Plaza, a 750,000 square foot super regional shopping center, which has traditionally been one of the most successful retail projects in Wake County. Anchor tenants of the shopping center include Best Buy, Dick's Sporting Goods, Home Goods, Michaels, Painted Tree, Ross, Total Wine, and Ulta. Other outparcel co-tenants to the property include Olive Garden, Chick-fil-A, and Auto Zone. The demographics directly surrounding the property are upper income. The property is fully leased.

Key Highlights

  • Located on the corner of Walnut Street and the US 1 / Hwy 64 exit/on ramp.
  • Fully Leased.
  • Outparcel to Crossroads Plaza, a 750,000 SF Super Regional Shopping Center.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Auto Parts Store HVAC Service Dental Office Electrical Service

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

751
Businesses Nearby
545k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 24% Shops & Services 21% Apparel 19% Dining 18%
Target Superstores
131,671 visits/mo 0.5 miles
Michaels Shops & Services
44,019 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
43,202 visits/mo 0.4 miles
DSW Designer Shoe Warehouse Apparel
42,271 visits/mo 0.5 miles
Cook Out Dining
41,298 visits/mo 0.3 miles

Demographics for 27518, NC

21,807
Population
9,211
Households
2.4
Avg Household Size
43
Median Age
72%
College-Educated
97%
High-School Grad
9.9 sq mi
ZIP Area
2,203
Density / Sq Mi
$121,242
Median Household Income
$66,460
Median Earnings
$1,537
Median Rent
$594,900
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
Questions? Ask Rey
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Similar Off Market Nearby

  • Centrum @ Crossroads 2346 Walnut St, Cary, NC 27518
  • Crossroads Plaza 213 Crossroads Blvd, Cary, NC 27518
  • Crossroads Plaza 389 Crossroads Blvd, Cary, NC 27518, United States
  • 캐리 마샬 340 Crossroads Blvd, Cary, NC 27518
  • Painted Tree Boutiques - Cary 240 Crossroads Blvd, Cary, NC 27518

Frequently Asked Questions

What type of property is this?
Shopping center - Located in Cary, near Raleigh, adjacent to regional shopping center.
Where is this shopping center located?
The property is located at 1805 Walnut St Cary, NC.
What are key features of this property?
This property features: Located on the corner of Walnut Street and the US 1 / Hwy 64 exit/on ramp.; Fully Leased.; Outparcel to Crossroads Plaza, a 750,000 SF Super Regional Shopping Center.
More about this property
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