Property profile

0 Capital Blvd & Main St Wake Forest, NC 27587

OFF-MARKET
Lifestyle centers
35,550 SF
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Property summary

AI-generated overview

Wake Pointe Plaza presents a prime retail investment opportunity in the thriving Wake Forest, North Carolina market. This established strip shopping center, totaling 35,550 square feet, boasts a highly desirable location at the intersection of Capital Boulevard and Main Street, offering exceptional visibility and accessibility. Currently, there is 1,600 square feet of vacant retail space available, perfect for a variety of businesses seeking a strong presence in this growing community. The center's strategic placement adjacent to a Walmart ensures high foot traffic and convenient access for customers. The property is situated in Wake County, North Carolina, with a zip code of 27587. The property type is retail, specifically a strip center/shopping center with multiple tenancies. This presents a unique chance to establish or expand your business within a well-established and successful retail environment. The available space offers significant potential for growth and profitability, capitalizing on the strong demographics and consistent consumer activity in the area. The 1,600 square foot space provides ample room for a variety of retail concepts, and its location within Wake Pointe Plaza ensures a vibrant and bustling atmosphere. This is an exceptional opportunity to secure a prominent retail presence in a rapidly expanding market. Don't miss this chance to become part of the thriving Wake Forest retail scene.

Property profile

Verified
Property type Lifestyle centers
Total area 35,550 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Capital Blvd & Main St Wake Forest, NC 27587
Wake Forest metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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