Atwater Station
Development Opportunity for Grocery Anchored Shopping Center
Marketing description
Located in the booming Southern Wake County in NC, Atwater Village will be the hub of Atwater Station 430 unit residential development in the booming town of Fuquy-Varina.
Approved for a shopping center of approximately 140,000 sf. The land itself is flat and mostly cleared. The trees and mature landscaping around the 5000 sf home offer a nice parklike atmosphere or a courtyard for a higher end restaurant or hotel (both allowed within the NMU development).
Use could include: grocery, fast casual dining, fitness, small botique hotel, coffee shops, book stores, specialty shops, child care, etc.
The immediate area is growing and this location offers a bucolic feel perfect for a higher end shopping and gathering experience.
An average of 50 people per day moved into the Raleigh Metro area in 2024.
Genertec has announced expansion into the area and will create 420 new jobs.
Investment highlights
Demographic Snapshot of Fuquay-Varina (2023)
Population: Approximately 37,749 residents.
Median Age: 36.3 years.
Households: Around 13,477.
Average Household Size: 2.8 persons.
Median Household Income: $111,447.
Poverty Rate: 8.8%.
Homeownership Rate: 74.4%.
Median Property Value: $410,600.
Average Commute Time: 31.9 minutes.
2024 saw an average of ~50 people a day moving to the Raleigh Metro Area
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