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Retail Space at Highway Interchange

1711 Walnut Street, Cary, NC 27511

For Lease
New
Contact for pricing

Positioned within a retail corridor near REI, Burlington Stores and Harbor Freight.

Space Size106,680 SF
Days on Market7

Property Features for 1711 Walnut Street

General Information

Standard status Active
Size 106,680 SF
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Spaces For Lease

at 1711 Walnut Street
OPO 1 Active
Size 106,680 SF
Contact us
Listing Agency: Brixmor Property Group
Listed By: Pam Harrelson
Source: Crexi
Added: Nov 3 Changed: Nov 8 Last Checked: Nov 8 at 2:24PM

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 Brixmor Property Group

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Investment Insights

Based on property information with market context.

Retail space at the Walnut Street interchange connecting US 1 and US 64, within a corridor that includes REI, Burlington Stores and Harbor Freight. The site records traffic of 150K+ vehicles daily on US 1/US 64 and 37K+ vehicles per day on Walnut Street, according to Kalibrate 2023 and 2025 data.

Within a 3-mile radius, the population has an average household income of $129K+ and 58% have a college education. The same radius contains a daytime population of 101K+.

Key Highlights

  • At the Walnut Street interchange on US 1/US 64
  • 150K+ vehicles daily on US 1/US 64; 37K+ vehicles/day on Walnut Street
  • Retail corridor includes REI, Burlington Stores and Harbor Freight

Property Analytics

Current Use

Devonshire Place Shopping Center & Mall Hollywood Taco Shop Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Parts Store Auto Repair Shop HVAC Service Big Box & Wholesale Store

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

690
Businesses Nearby
247k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 38% Dining 24% Apparel 22% Home Improvements & Furnishings 12%
Michaels Shops & Services
44,019 visits/mo 0.5 miles
Cook Out Dining
41,298 visits/mo 0.2 miles
Burlington Apparel
31,221 visits/mo 0.1 miles
REI Apparel
24,066 visits/mo 0.1 miles
Dollar Tree Shops & Services
18,960 visits/mo 0.1 miles

Demographics for 27511, NC

32,786
Population
14,359
Households
2.3
Avg Household Size
42
Median Age
58%
College-Educated
93%
High-School Grad
11.7 sq mi
ZIP Area
2,802
Density / Sq Mi
$104,072
Median Household Income
$50,778
Median Earnings
$1,436
Median Rent
$416,600
Median Home Value

Market

Properties on Market for Retail space in Cary

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Positioned within a retail corridor near REI, Burlington Stores and Harbor Freight.
Where is this retail space located?
The property is located at 1711 Walnut Street Cary, NC.
What are key features of this property?
This property features: At the Walnut Street interchange on US 1/US 64; 150K+ vehicles daily on US 1/US 64; 37K+ vehicles/day on Walnut Street; Retail corridor includes REI, Burlington Stores and Harbor Freight
(770) 360-8406 Call to check price and availability
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