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    6 Frk Rd. & Strickland Rd Raleigh, NC 27615

    Sponsored
    For Lease
    Contact for pricing

    North Raleigh retail center; high traffic.

    Lot size:
    468,314 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Six Forks Station Shopping Center presents a prime retail opportunity in North Raleigh's thriving Six Forks Road corridor. This expansive, open-air center boasts a total of 468,314 square feet and features a diverse tenant mix including major national retailers such as Bed Bath & Beyond, The Home Depot, and PetSmart, establishing it as a regional destination. Currently, one retail space is available within this highly successful center, which comprises two suites in total. The property sits on a 0.4-acre lot and offers ample parking with 1,928 spaces to accommodate the significant customer traffic. Located in Wake County, Six Forks Station benefits from its position within a highly educated and affluent community, ensuring a strong customer base for prospective tenants. This is an exceptional opportunity to establish a presence in a well-established and successful retail center, capitalizing on the high visibility and strong consumer traffic of this prime North Raleigh location. The property's size and established tenant base make it an attractive investment for businesses seeking to expand their reach in this desirable market. The available space presents a unique chance to join a thriving retail environment.

    Property Features for 0 6 Frk Rd. & Strickland Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    468,314 SF

    Unit(s) available at that property

    Space
    Suite K1
    Size
    0 SF

    HighLights

    • Retail and land opportunity in Wake County, NC.
    • Two suites totaling 468,314 square feet available.
    • 0.4‑acre lot with 1,928 parking spaces.
    • Located on the high‑traffic Six Forks Road retail corridor in North Raleigh.
    • Anchored by national retailers including Bed Bath & Beyond, The Home Depot, and PetSmart.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.654519
    Latitude
    35.900166

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    FAQs

    What type of property is this?
    Individual retail property - North Raleigh retail center; high traffic.
    Where is this individual retail property located?
    The property is located at 6 Frk Rd. & Strickland Rd Raleigh, NC.
    What are key features of this property?
    This property features: Retail and land opportunity in Wake County, NC.; Two suites totaling 468,314 square feet available.; 0.4-acre lot with 1,928 parking spaces.
    Request Owner's contact information
    6 Frk Rd. & Strickland Rd Raleigh, NC 27615
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    Raleigh, NC 27615
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6 Frk Rd. & Strickland Rd Raleigh, NC 27615
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