Property profile

0 6 Frk Rd. & Strickland Rd Raleigh, NC 27615

OFF-MARKET
Retail properties & Spaces
468,314 SF 0.4 ac lot
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Property summary

AI-generated overview

Six Forks Station Shopping Center presents a prime retail opportunity in North Raleigh's thriving Six Forks Road corridor. This expansive, open-air center boasts a total of 468,314 square feet and features a diverse tenant mix including major national retailers such as Bed Bath & Beyond, The Home Depot, and PetSmart, establishing it as a regional destination. Currently, one retail space is available within this highly successful center, which comprises two suites in total. The property sits on a 0.4-acre lot and offers ample parking with 1,928 spaces to accommodate the significant customer traffic. Located in Wake County, Six Forks Station benefits from its position within a highly educated and affluent community, ensuring a strong customer base for prospective tenants. This is an exceptional opportunity to establish a presence in a well-established and successful retail center, capitalizing on the high visibility and strong consumer traffic of this prime North Raleigh location. The property's size and established tenant base make it an attractive investment for businesses seeking to expand their reach in this desirable market. The available space presents a unique chance to join a thriving retail environment.

Property profile

Verified
Property type Retail properties & Spaces
Total area 468,314 SF
Lot 0.4 ac (17,424 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6 Frk Rd. & Strickland Rd Raleigh, NC 27615
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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