Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Forestville Rd And Foundation Dr Wake Forest, NC 27587

    Sponsored
    For Lease
    Contact for pricing

    7.86-acre Retail Center, 55,300 SF

    Lot size:
    55,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Heritage Walk presents a remarkable opportunity to acquire a brand-new, single-tenant retail center totaling 55,300 square feet. Situated on a substantial 7.86-acre lot in Wake County, this property boasts a prime location at the intersection of Forestville Road and Rogers Road, with convenient access via an existing traffic light at Foundation Road and Forestville Road. Built in 2019, the building is zoned for business use and currently sits entirely vacant, offering unparalleled flexibility for a prospective tenant. The strategic placement allows for seamless cross-access to the adjacent Harris Teeter-anchored Heritage Station shopping center and Rogers Road, ensuring high visibility and convenient access for customers. This exceptional property offers a blank canvas for a wide range of retail concepts, benefiting from its modern construction, ample space, and highly desirable location within a thriving commercial area. The entire 55,300 square feet is available for lease, presenting a unique chance to establish a significant retail presence in a rapidly growing market. This is an exceptional opportunity for a business seeking a prominent location with significant visibility and accessibility. The property's size and location make it ideal for a large-format retailer or a multi-use development.

    Property Features for 0 Forestville Rd And Foundation Dr

    General Information

    Property type
    Shopping centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    55,300 SF

    Building Details

    Year Built
    2019

    Unit(s) available at that property

    Space
    Available Space
    Size
    55,300 SF

    HighLights

    • 55,300 SF retail building in Wake County.
    • Single‑tenant specialty center.
    • 100% vacant, 55,300 SF available.
    • 7.86‑acre lot.
    • Built in 2019.
    • Business zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wake Forest
    County
    Wake
    State
    North Carolina
    Longitude
    -78.5071283
    Latitude
    35.9435033

    Nearby Comparable

    • Contact for pricing

      Wake Forest Commercial Land Opportunity

      1.1-Acre Commercial Lot, Prime Location
      0 Franklin St, Wake Forest, NC 27587
      View Details
    • $71 SF/Yr
      12,000 SF

      Wake Forest Executive Suites

      Modern offices, short-term lease options.
      1890 Main St, Wake Forest, NC 27587
      View Details
    • Contact for pricing
      164,790 SF

      Wake Forest Exchange: R&D Space

      Prime Wake Forest R&D space available.
      0 Star Rd And Capital Blvd, Wake Forest, NC 27587
      View Details
    • Contact for pricing
      189,922 SF

      Wake Forest Commercial Land Opportunity

      4.36-Acre Commercial Site in Wake Forest, NC
      0 Dr Calvin Jones Hwy, Wake Forest, NC 27587
      View Details
    • Contact for pricing
      237,402 SF

      Wakefield Commons Retail Opportunity

      Raleigh, NC Retail Development Land
      0 Wakefield Commons Dr, Raleigh, NC 27614
      View Details
    • Contact for pricing

      Wake Forest Retail Space Available

      Prime Wake Forest location, multiple spaces, high visibility.
      14460 New Fls Of Neuse Rd, Wake Forest, NC 27587
      View Details
    • $1,818 /Mo
      16,000 SF

      Turn-Key Commissary Kitchen Ready Now

      Fully equipped commercial kitchen for immediate occupancy and diverse culinary operations.
      5107 Unicon Dr, Wake Forest, NC 27587
      View Details
    • Contact for pricing

      Fitness Space Available For Rent

      4,010 SF fitness space available next to Planet Fitness.
      907 Wrigley Dr, Wake Forest, NC 27587
      View Details
    • Contact for pricing
      4 SF

      Wake Forest Commercial Land Parcel

      4.36-acre commercial land for sale or ground lease.
      Dr. Calvin Jones Hwy, Wake Forest, NC 27587
      View Details
    • Contact for pricing

      Wake Forest Commercial Parcel

      1.1-acre commercial parcel for sale or ground lease.
      S Franklin St, Wake Forest, NC 27587
      View Details
    • $1,600 /Mo

      Caddell Woods Home For Rent

      3 beds, 2.5 baths, convenient location, renovated kitchen.
      2828 Gross Ave, Wake Forest, NC 27587
      View Details
    • $36 SF/Yr
      41,887 SF

      NorthPark I Medical Office Space

      Wake Forest medical office suites available.
      11635 Northpark Dr, Wake Forest, NC 27587
      View Details

    Nearby Similar for Lease

    • $3,995 /Mo
      1,920 SF

      Wake Forest Office Space

      Office space in a convenient location with ample parking.
      839 Durham Rd, Wake Forest, NC 27587
      View Details
    • $1,800 /Mo

      Historic River Mill Condo Rental

      Top floor, 3-bedroom condo near Neuse River headwaters.
      1500 River Mill Dr, Wake Forest, NC 27587
      View Details
    • $1,818 /Mo
      16,000 SF

      Turn-Key Commissary Kitchen Ready Now

      Fully equipped commercial kitchen for immediate occupancy and diverse culinary operations.
      5107 Unicon Dr, Wake Forest, NC 27587
      View Details
    • Contact for pricing
      36,932 SF

      Wake Forest Business Center Retail

      Retail spaces available in Wake Forest business center.
      12339 Wake Union Church Rd, Wake Forest, NC 27587
      View Details
    • Contact for pricing
      164,790 SF

      Wake Forest Exchange: R&D Space

      Prime Wake Forest R&D space available.
      0 Star Rd And Capital Blvd, Wake Forest, NC 27587
      View Details
    • Contact for pricing

      Wake Forest Retail Space Available

      Prime Wake Forest location, multiple spaces, high visibility.
      14460 New Fls Of Neuse Rd, Wake Forest, NC 27587
      View Details
    • $36 SF/Yr
      41,887 SF

      NorthPark I Medical Office Space

      Wake Forest medical office suites available.
      11635 Northpark Dr, Wake Forest, NC 27587
      View Details
    • $1,600 /Mo

      Caddell Woods Home For Rent

      3 beds, 2.5 baths, convenient location, renovated kitchen.
      2828 Gross Ave, Wake Forest, NC 27587
      View Details
    • Contact for pricing

      Fitness Space Available For Rent

      4,010 SF fitness space available next to Planet Fitness.
      907 Wrigley Dr, Wake Forest, NC 27587
      View Details
    • $71 SF/Yr
      12,000 SF

      Wake Forest Executive Suites

      Modern offices, short-term lease options.
      1890 Main St, Wake Forest, NC 27587
      View Details

    FAQs

    What type of property is this?
    Shopping center - 7.86-acre Retail Center, 55,300 SF
    Where is this shopping center located?
    The property is located at Forestville Rd And Foundation Dr Wake Forest, NC.
    What are key features of this property?
    This property features: 55,300 SF retail building in Wake County.; Single-tenant specialty center.; 100% vacant, 55,300 SF available.
    Request Owner's contact information
    Forestville Rd And Foundation Dr Wake Forest, NC 27587
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Forestville Rd And Foundation Dr
    Wake Forest, NC 27587
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Forestville Rd And Foundation Dr Wake Forest, NC 27587
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.