Shopping Strip
Capital Plaza
11817 Retail Dr, Wake Forest, NC 27587
Listing Price: $10,400,000
Cap Rate
7.27%
Gross SF
46,793
Rentable SF
46,793
Price/Gross SF
$222.26
Lot Size
14.48 acres
Year Built
2004
Investment Overview
Marcus & Millichap is pleased to present for sale Capital Plaza located in Wake Forest, NC.
Capital Plaza
Investment Highlights
- Staples and PetSmart Anchored Retail Center in Raleigh, NC Suburb
- Adjacent to #1 Home Depot and #4 Target in North Carolina
- Potential Upside… End Cap With Patio (Mattress Firm With Low Rent)
- 82-Percent of Income from National Brands: PetsMart, Staples, Mattress Firm, Sport Clips
- New Roof On All Sections In 2021: Firestone TPO, 15-Year, 55 MPH
- Visibility from US Hwy 1/Capital Blvd: 51,000 Vehicles Per Day
- Affluent Demographics: More Than $151,000 Average Household Incomes In 3-Mile Radius
Listing Price: $10,400,000
Cap Rate
7.27%
Gross SF
46,793
Rentable SF
46,793
Price/Gross SF
$222.26
Lot Size
14.48 acres
Year Built
2004
Investment Highlights
- Staples and PetSmart Anchored Retail Center in Raleigh, NC Suburb
- Adjacent to #1 Home Depot and #4 Target in North Carolina
- Potential Upside… End Cap With Patio (Mattress Firm With Low Rent)
- 82-Percent of Income from National Brands: PetsMart, Staples, Mattress Firm, Sport Clips
- New Roof On All Sections In 2021: Firestone TPO, 15-Year, 55 MPH
- Visibility from US Hwy 1/Capital Blvd: 51,000 Vehicles Per Day
- Affluent Demographics: More Than $151,000 Average Household Incomes In 3-Mile Radius
Investment Overview
Marcus & Millichap is pleased to present for sale Capital Plaza located in Wake Forest, NC.
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