0 Forestville Rd And Foundation Dr, Wake Forest, NC 27587
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.