Property profile

0 Fls Of Neuse Rd. & Durant Rd Raleigh, NC 27615

OFF-MARKET
Retail properties & Spaces
109,501 SF
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Property summary

AI-generated overview

Falls Pointe, a thriving retail center in Raleigh, NC, offers a prime 1,182 square foot retail space for lease. Located at the intersection of Falls of Neuse Road and Durant Road, this property boasts exceptional visibility and accessibility, with convenient access to I-540. The center totals 109,501 square feet and features ample parking with 974 spaces available for customers and employees. Currently, there is 1,182 square feet of vacant space available for lease, making it an ideal opportunity for businesses seeking a presence in a high-growth area of Wake County. Falls Pointe benefits from its strategic location within a thriving community, surrounded by medical and office buildings, including the Wakemed North Healthplex. The center is anchored by Harris Teeter and Kohl's (shadow anchor), attracting a wealthy and highly educated customer base. This location offers limited retail competition, presenting a unique opportunity for businesses to capture significant market share. The property's strong location and existing anchors make it an attractive investment opportunity for businesses seeking to establish or expand their presence in the Raleigh market. The property is situated in a rapidly expanding area of Wake County, ensuring continued growth and high foot traffic. This space is perfect for a variety of retail uses.

Property profile

Verified
Property type Retail properties & Spaces
Total area 109,501 SF

Cap rate & NOI

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

Location

Fls Of Neuse Rd. & Durant Rd Raleigh, NC 27615
Raleigh metro
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Value estimations

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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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