Property profile

8311 Creedmoor Rd Raleigh, NC 27613

OFF-MARKET
Retail properties & Spaces
103,734 SF
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Property summary

AI-generated overview

Towne North, located at 8311 & 8385 Creedmoor Rd, Raleigh, NC 27613, offers exceptional retail opportunities in a thriving North Raleigh location. This grocery-anchored center boasts a total of 103,734 square feet and provides multiple tenancy options. Currently, there are 9,584 square feet of vacant space available, divisible into units ranging from a minimum of 2,384 square feet to a maximum contiguous space of 7,200 square feet. The center enjoys a prime location at the intersection of Creedmoor Road and Strickland Road, providing excellent visibility and accessibility. Its strategic position offers convenient access to area schools, numerous residential developments, and the I-540 interstate, ensuring high traffic volume and a strong customer base. This makes Towne North an ideal location for businesses seeking high-traffic exposure and a well-established customer base in a rapidly growing area of Wake County. The property's convenient location and ample space make it a compelling investment opportunity for retailers seeking a strong presence in the North Raleigh market. Interested parties should inquire about available space and lease terms.

Property profile

Verified
Property type Retail properties & Spaces
Total area 103,734 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

8311 Creedmoor Rd Raleigh, NC 27613
Raleigh metro
Google Maps

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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