Listing Agency: Avison Young - US - NC - Raleigh t***@avisonyoung.com Show Phone

Listed By: Tommy Honey Show Phone

Source: Avisonyoung

Added: Mar 7 Changed: Jul 10 Last Checked: Jul 29 at 10:52AM

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Investment Insights

Based on property information with market context.

Located adjacent to Townridge Shopping Center, The Village at Townridge is situated at the corner of Glenwood Avenue and Pleasant Valley Road. The center features substantial traffic counts and unique tenant diversity, providing ideal visibility. First floor tenants benefit from patronage by employees of the 14,580 square foot office space on the second floor. The property is suitable for retail and office use.

Key Highlights

• Ideal visibility
• Substantial traffic counts
• Adjacent to Townridge Shopping Center

Property Analytics

Property Profile

Current Use

Childish Mane Hair Salon Edwards Detox Helpline Rehabilitation Center Dr. William Claypoole Dental Office K Discount Beauty-Barber ... (Bike/Boat/Book/etc) Store Family First Life ... Insurance Agency

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Law Firm Spa & Massage Center Storage Facility

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

1,089

Businesses Nearby

Explore this area Business Placement

Demographics for 27612, NC

39,576

Population

21,582

Households

1.8

Avg Household Size

38

Median Age

66%

College-Educated

96%

High-School Grad

16.6 sq mi

ZIP Area

2,384

Density / Sq Mi

$95,565

Median Household Income

$57,216

Median Earnings

$1,544

Median Rent

$481,500

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

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Frequently Asked Questions

What type of property is this?

Strip mall - Located near Townridge Shopping Center with high visibility and traffic.

Where is this strip mall located?

The property is located at 4112 Pleasant Valley Road Raleigh, NC.

What are key features of this property?

This property features: Ideal visibility; Substantial traffic counts; Adjacent to Townridge Shopping Center