0 Fls Of Neuse Rd. & Durant Rd, Raleigh, NC 27615
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.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.