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    OFF-MARKET
    Retail properties & Spaces

    0 Ebenezer Church Rd & Glenwood Ave, Raleigh, NC 27613

    95,569 SF 0.67 ac lot
    Property ID
    Property summary
    AI-generated overview

    Cornerstone Commons, located at the intersection of Ebenezer Church Road and Glenwood Avenue in Raleigh, NC (zip code 27613), offers a prime retail opportunity. This multi-tenant retail center boasts a total of 95,569 square feet, with 3,600 square feet currently vacant. Four individual spaces are immediately available, each approximately 1,200 square feet. The property sits on a 0.67-acre lot in Wake County and benefits from strong daytime and evening traffic due to its proximity to numerous residential developments and businesses. A key anchor tenant, Lowes Foods, ensures consistent foot traffic. The center features a diverse mix of existing restaurant and retail tenants. An attractive feature is the availability of an outparcel (Outparcel 1) offering the potential to construct an additional 4,800 square foot building, suitable for either multi-tenant or single-tenant occupancy. This outparcel is conveniently located adjacent to The Learning Experience. This location provides excellent visibility and accessibility, making it an ideal investment for businesses seeking a thriving retail environment in a rapidly growing area of Raleigh.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 95,569 SF
    Lot 0.67 ac (29,185 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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