0 Star Rd And Capital Blvd, Wake Forest, NC 27587
Wake Forest Exchange offers 164,790 square feet of retail and industrial space, specifically designed for research and development. This multi-tenant property, situated on a 30-acre lot in Wake County, North Carolina, boasts six suites ranging from a minimum of 9,425 square feet to a maximum contiguous space of 59,760 square feet. Currently, the entire 164,790 square feet is vacant, presenting a unique opportunity for a single large tenant or multiple smaller occupants. The property features a 16-foot clear height in the industrial areas and 10-foot clear height in the office spaces. Ample parking is provided, with a ratio of four spaces per 1,000 square feet. Located at the intersection of Star Road and Capital Boulevard (US 1), near South Main Street (New Falls of Neuse Road), this property enjoys convenient access to a variety of amenities, including shopping, dining, and entertainment options. Its strategic location also provides easy access to a diverse residential area and is less than 30 minutes from North Carolina's Tier 1 universities, ensuring access to a highly skilled workforce. The property is zoned HB. This exceptional location within the Research Triangle offers unparalleled potential for businesses seeking a thriving and well-connected environment in Wake Forest, NC, zip code 27587.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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