Property summary
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
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
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