Property summary
Exceptional retail investment opportunity in the rapidly growing Wendell, Wake County market. Four available outparcels, ranging from 1.87 to 2.28 acres, are situated within a vibrant 257-acre mixed-use development. This prime location boasts exceptional visibility and accessibility, with over 52,500 vehicles per day traversing I-87 and over 20,000 vehicles per day on US 64 Bus (Wendell Boulevard). The property's strategic adjacency to the new Wake Tech Eastern Wake 4.0 campus, a 106-acre facility offering programs in engineering, biopharmaceutical technology, robotics, and intelligent automation, ensures a consistent flow of potential customers. Furthermore, the planned development of 650+ multifamily units, along with additional single-family and townhome residences, directly adjacent to the outparcels, guarantees a substantial and expanding customer base. The area also benefits from its proximity to East Wake High School, contributing to a thriving and densely populated community. This presents a unique chance to capitalize on the robust population growth and ongoing development within Wendell, including the future Wendell Falls community, projected to encompass approximately 14,000 homes upon completion. The total building square footage is 2 sq ft. The property is available for sale or lease. Contact for pricing.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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