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Wake Forest, NC Retail Properties & Spaces for Sale

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Raleigh, NC Youngsville, NC Rolesville, NC Franklinton, NC Louisburg, NC Zebulon, NC Creedmoor, NC Gibsonville, NC
Turnkey Salon Suite Office Building
Updated: Mar 30
Turnkey Salon Suite Office Building

238 S Allen Rd, Wake Forest, NC 27587

Contact for pricing
3,900 sqft
1985 two‑story building configured with up to 15 ready‑made salon suites for immediate occupancy
Interior features include a full kitchen, four restrooms, dedicated storage, and laundry facilities
12 onsite parking spots and ADA accessibility via integrated ramps
Located in Wake Forest with flexible NMX (Neighborhood Mixed‑Use) zoning
Just blocks from Historic Downtown Wake Forest; less than 0.6 miles to NC‑98 (Dr. Calvin Jones Highway) and 1.3 miles to US‑1 (Capital Blvd)
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Wake Forest Shopping Center Retail
Updated: Nov 21, 2025
Wake Forest Shopping Center Retail

11216 Capital Blvd, Wake Forest, NC 27587

Contact for pricing
Premier shopping center location off Capital Boulevard and Main Street.
Easily accessible from US 1.
Building Size: 35,550 SF.
Suite 108 available: 3,000 RSF.
Rental Rate: $24.00/SF, NNN.
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Community Shopping Center For Sale
Community Shopping Center For Sale

12536 Capital Blvd, Wake Forest, NC 27529

Contact for pricing

203,006 SF shopping center at a high-traffic intersection.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Wake Forest, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Leased Retail Building with New HVAC
Leased Retail Building with New HVAC

B-145 E Main St, Youngsville, NC 27596

$785,000
2,440 sqft

Retail building with a brand new HVAC system, currently leased, positioned at East Main Street and HWY 96.

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Fifth Third Bank NNN Property
Fifth Third Bank NNN Property

841 S Main St, Rolesville, NC 27571

Contact for pricing
1,900 sqft

Single-tenant absolute NNN ground lease with direct tenant guarantee and no landlord responsibilities.

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Retail Space For Sale
Retail Space For Sale

160 JEFFREY WAY, Youngsville, NC 27596

Contact for pricing
160 sqft

Retail space available with corporate guarantee and 6.2% CAP.

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Retail Shopping Center with Grocery Anchor
Retail Shopping Center with Grocery Anchor

801-831 S Main St, Rolesville, NC 27571

Contact for pricing
29,306 sqft

Multi-tenant shopping center anchored by Publix shadow, with everyday retail and quick-service concepts on S Main St.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wake Forest Land For Sale
Wake Forest Land For Sale

1005 Chalk Road, Wake Forest, NC 27587

$1,650,000
1.69 AC lot

10.76 acres of land available in Wake Forest, NC.

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Wake Forest Corner Lot
Wake Forest Corner Lot

8824 Ligon Mill Road, Wake Forest, NC 27587

$1,450,000
3.09 AC lot

3.09-acre corner lot in Wake Forest, North Carolina.

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Multifamily Development Opportunity Near I-540
Multifamily Development Opportunity Near I-540

3304 Clearfield Dr, Raleigh, NC 27616

Contact for pricing
8.50 AC lot

8.50-acre multifamily development opportunity with convenient access to amenities.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

7317 Knightdale Boulevard, Knightdale, NC 27545

$1,600,000
2,568 sqft 1.16 AC lot

HB-zoned parcel near a 468-unit mixed-use development and convenient access to 540.

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Off-Market Properties in Wake Forest, NC

Consider similar Off-Market properties in Wake Forest, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

4101 Mitchell Ml Rd
RETAIL STORES (PERSONAL SERVICES)

4101 Mitchell Ml Rd, Wake Forest, NC 27587-7230

$1,635,000
Estimated value
5,368 sqft 1.00 AC lot
View details
10920 Star Rd
RETAIL STORES (PERSONAL SERVICES)

10920 Star Rd, Wake Forest, NC 27587-7772

$4,410,000
Estimated value
14,856 sqft 10.00 AC lot
View details
1901 Main St
AUTO REPAIR, GARAGE

1901 Main St, Wake Forest, NC 27587-9290

$1,565,000
Estimated value
1,705 sqft 0.92 AC lot
View details
13041 Keith Store Rd
RETAIL STORES (PERSONAL SERVICES)

13041 Keith Store Rd, Wake Forest, NC 27587-4750

$80,000
Estimated value
1,270 sqft 1.04 AC lot
View details
535 Dr Calvin Jones Hwy
RETAIL STORES (PERSONAL SERVICES)

535 Dr Calvin Jones Hwy, Wake Forest, NC 27587-3155

$2,260,000
Estimated value
8,644 sqft 2.86 AC lot
View details
12646 Capital Blvd
MINI-MALL

12646 Capital Blvd, Wake Forest, NC 27587-7481

Value Estimation by Request
27,260 sqft 15.32 AC lot
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147 White St
RETAIL STORES (PERSONAL SERVICES)

147 White St, Wake Forest, NC 27587-2739

$380,000
Estimated value
2,400 sqft 0.06 AC lot
View details
3309 Rogers Rd
RETAIL STORES (PERSONAL SERVICES)

3309 Rogers Rd, Wake Forest, NC 27587-3943

$160,000
Estimated value
27,000 sqft 3.41 AC lot
View details
12223 Hampton Way Dr Ste, Unit 400
RETAIL STORES (PERSONAL SERVICES)

12223 Hampton Way Dr Ste, Wake Forest, NC 27587-6286

Unit 400
$380,000
Estimated value
1,250 sqft
View details
150 White St Ste A
RETAIL STORES (PERSONAL SERVICES)

150 White St Ste A, Wake Forest, NC 27587-2600

$1,245,000
Estimated value
34,861 sqft 3.10 AC lot
View details
4601 Durham Rd
GROCERY, SUPERMARKET

4601 Durham Rd, Wake Forest, NC 27587

$2,300,000
Estimated value
3,657 sqft 1.51 AC lot
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12213 Capital Blvd
RETAIL STORES (PERSONAL SERVICES)

12213 Capital Blvd, Wake Forest, NC 27587-6200

$1,750,000
Estimated value
3,258 sqft 0.95 AC lot
View details
911 Gtwy Cmns Cir
RETAIL STORES (PERSONAL SERVICES)

911 Gtwy Cmns Cir, Wake Forest, NC 27587-5993

$2,825,000
Estimated value
9,692 sqft 1.34 AC lot
View details
12223 Hampton Way Dr Ste, Unit 300
RETAIL STORES (PERSONAL SERVICES)

12223 Hampton Way Dr Ste, Wake Forest, NC 27587-6286

Unit 300
$370,000
Estimated value
1,250 sqft
View details
11805 Retail Dr
RESTAURANT

11805 Retail Dr, Wake Forest, NC 27587-7352

$535,000
Estimated value
5,528 sqft 1.38 AC lot
View details
12076 Capital Blvd
RETAIL STORES (PERSONAL SERVICES)

12076 Capital Blvd, Wake Forest, NC 27587

$1,800,000
Estimated value
135,089 sqft 28.40 AC lot
View details
12119 Cloverleaf Park
AUTO REPAIR, GARAGE

12119 Cloverleaf Park, Wake Forest, NC 27587-6516

$700,000
Estimated value
1,800 sqft 0.46 AC lot
View details
515 Dr Calvin Jones Hwy
RETAIL STORES (PERSONAL SERVICES)

515 Dr Calvin Jones Hwy, Wake Forest, NC 27587-3158

$11,500,000
Estimated value
8,576 sqft 2.02 AC lot
View details
12205 Hampton Way Dr
AUTO REPAIR, GARAGE

12205 Hampton Way Dr, Wake Forest, NC 27587

$435,000
Estimated value
2,448 sqft 0.60 AC lot
View details
11690 Northpark Dr
DRIVE-THRU RESTAURANT, FAST FOOD

11690 Northpark Dr, Wake Forest, NC 27587-4532

$2,750,000
Estimated value
4,329 sqft 1.56 AC lot
View details
12301 Capital Blvd
DRIVE-THRU RESTAURANT, FAST FOOD

12301 Capital Blvd, Wake Forest, NC 27587-7485

$1,755,000
Estimated value
3,972 sqft 0.95 AC lot
View details

Wake Forest, NC Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Wake Forest, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,900 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 7
Storefront properties 5
Grocery and convenience stores 2

Demographics Overview

Population 82K
Population Growth (5Y) +23.0%
Median Household Income $125,607
College Educated 39.2%

Taxes & Financing

Tax Rate (average for all types) 1.05%
Property Tax per SF $9.36 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wake County

New Delisted

Total CRE Inventory on Market (SF)

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