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    OFF-MARKET
    Retail properties & Spaces

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

    109,501 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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