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Grocery Anchored Retail Center Space
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Forestville Road and Foundation Drive, Wake Forest, NC 27587

55,300 sq ft retail space at signalized intersection.

Space Size55,300 SF
Days on Market2031

Property Features for Forestville Road and Foundation Drive

General Information

Standard status Active
Size 55,300 SF
Property subtype Retail

Building Details

Building Size 55,300 SF
Year Built 2019
Tenancy Multiple

Spaces For Lease

at Forestville Road and Foundation Drive Contact us

Available Space

Size
55,300 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Divaris Real Estate Inc Charlotte
Listed By: Zach Means · License #NC
Source: Crexi
Added: Feb 11, 2021 Changed: Aug 31 Last Checked: Sep 3 at 7:22AM

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 Divaris Real Estate Inc Charlotte

Investment Insights

Based on property information with market context.

This 55,300 sq ft specialty grocery anchored center will be located at the intersection of Forestville Road and Rogers Road, with access from an existing light at Foundation Road and Forestville Road. The site will have cross access from the neighboring Harris Teeter anchored Heritage Station and Rogers Road. It is located across from Heritage High School at the signalized intersection of Forestville Road and Foundation Drive, in the heart of Heritage, an award-winning 2000+ unit master planned community. The location is adjacent to Heritage Station, a Harris Teeter anchored shopping center with cross access to the intersection of Forestville and Rogers Road with over 35,000 VPD.

Key Highlights

  • 55,300 sq ft specialty grocery anchored center.
  • Located at the intersection of Forestville Road and Rogers Road.
  • Access from an existing light at Foundation Road and Forestville Road.

Property Analytics

Current Use

Grocery and convenience stores

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

257
Businesses Nearby
389k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 39% Home Improvements & Furnishings 27% Groceries 18% Shops & Services 7%
Wegmans Groceries
71,079 visits/mo 0.3 miles
Chick-fil-A Dining
58,555 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
52,026 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
46,495 visits/mo 0.5 miles
PetSmart Shops & Services
20,849 visits/mo 0.4 miles

Demographics for 27587, NC

76,647
Population
30,571
Households
2.5
Avg Household Size
40
Median Age
56%
College-Educated
96%
High-School Grad
105.1 sq mi
ZIP Area
729
Density / Sq Mi
$125,607
Median Household Income
$59,006
Median Earnings
$1,415
Median Rent
$452,400
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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Similar Off Market Nearby

  • Target Grocery 12000 Retail Dr, Wake Forest, NC 27587

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - 55,300 sq ft retail space at signalized intersection.
Where is this grocery and convenience store located?
The property is located at Forestville Road and Foundation Drive Wake Forest, NC.
What are key features of this property?
This property features: 55,300 sq ft specialty grocery anchored center.; Located at the intersection of Forestville Road and Rogers Road.; Access from an existing light at Foundation Road and Forestville Road.
More about this property
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