Date Listed:
Apr 20, 2025
Last Updated:
Apr 9, 2025
For Lease: Wake Forest Developmnet
Capital Blvd (US 1) & Durham Rd (Hwy 98) Wake Forest, NC 27587
Undisclosed Rate ( )
Overview
Timeline
Building Details
Property Type:
Retail, Restaurant
Subtype:
Restaurant, mixed use
Building Description
Capital Blvd (US 1) & Durham Rd in Wake Forest, North Carolina. Less than 15 miles from downtown Raleigh, making it part of one of the fastest growing MSAs in the country
Building Highlights
New mixed use commercial development located off heavily travelled Capital Blvd (US 1) which carries approximately 51,500 VPD
Situated upon 175 acres, the project will have approximately 350,000 square feet of Commercial, 900 Class A apartments and 150 Townhomes
The project will have immediate access off Capital Blvd (US 1), a key element that is rare for developments located along this stretch of Capital Blvd (US 1).
This element will be a permanent access point that will not be altered by NCDOT’s future improvements to Capital Blvd (US 1)
Since 2000, the population has increased by 307%
The annual population growth rate is 3.29%
Wake Forest is 8th fastest growing city & ranked the 21st largest city in North Carolina
Median Household Income is nearly 70% higher than the median North Carolina Household
Capital Blvd (US 1) & Durham Rd (Hwy 98) Spaces
Available Space
Undisclosed
370,000 SF
Space / Unit:
Available Space
Space Subtype:
Restaurant
RSF:
370000
USF:
370000
Days on Market:
1026 Days
Listing Type:
Direct
Location around Capital Blvd (US 1) & Durham Rd (Hwy 98)
Listing Contacts
Jeff Nimmer, CCIM
LIC: NC 214712, TN
Taylor Laing Drouillard
LIC: NC 297311
Tyler Quinn
LIC: NC 262744
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