Property profile

0 Ebenezer Church Rd & Glenwood Ave Raleigh, NC 27613

OFF-MARKET
Retail properties & Spaces
95,569 SF 0.67 ac lot
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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

Location

Ebenezer Church Rd & Glenwood Ave Raleigh, NC 27613
Raleigh metro
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Value estimations

Realmo proprietary · 4 methods
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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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