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    OFF-MARKET
    Retail properties & Spaces

    0 Forestville Rd And Foundation Dr, Wake Forest, NC 27587

    55,300 SF Built 2019
    Property ID
    Property summary
    AI-generated overview

    Heritage Walk presents a remarkable opportunity to acquire a brand-new, single-tenant retail center totaling 55,300 square feet. Situated on a substantial 7.86-acre lot in Wake County, this property boasts a prime location at the intersection of Forestville Road and Rogers Road, with convenient access via an existing traffic light at Foundation Road and Forestville Road. Built in 2019, the building is zoned for business use and currently sits entirely vacant, offering unparalleled flexibility for a prospective tenant. The strategic placement allows for seamless cross-access to the adjacent Harris Teeter-anchored Heritage Station shopping center and Rogers Road, ensuring high visibility and convenient access for customers. This exceptional property offers a blank canvas for a wide range of retail concepts, benefiting from its modern construction, ample space, and highly desirable location within a thriving commercial area. The entire 55,300 square feet is available for lease, presenting a unique chance to establish a significant retail presence in a rapidly growing market. This is an exceptional opportunity for a business seeking a prominent location with significant visibility and accessibility. The property's size and location make it ideal for a large-format retailer or a multi-use development.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2019
    Total area 55,300 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
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