Property profile

1141 Falls River Ave Raleigh, NC 27614

OFF-MARKET
Retail properties & Spaces
19,033 SF
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Property summary

AI-generated overview

This exceptional retail opportunity is located in the vibrant Falls River Town Center at 1141 Falls River Ave, Raleigh, NC 27614. The property offers a total of 19,033 square feet of commercial space, with multiple units currently available for lease. Individual spaces range from a minimum of 1,159 square feet to a maximum contiguous space of 2,682 square feet, providing flexibility for various business needs. A significant 5,025 square feet is currently vacant and ready for immediate occupancy. The center boasts ample parking, ensuring convenient access for customers and employees. Situated in Wake County, this prime location offers excellent visibility and accessibility within a thriving retail environment. The property is classified as retail commercial space with multiple tenancies. This presents a unique chance to establish or expand your business in a high-traffic area with strong potential for growth. Interested parties are encouraged to inquire about lease terms and available space. The property's location in Raleigh, North Carolina, offers access to a robust consumer base and a dynamic business community.

Property profile

Verified
Property type Retail properties & Spaces
Total area 19,033 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
  • Restaurant
  • (Bike/Boat/Book/etc) Store
  • Bar & Pub
  • (Bike/Boat/Book/etc) Store

Location

1141 Falls River Ave Raleigh, NC 27614
Raleigh metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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