1 & Durham Rd HwyRaleigh, NC 27587

Property Details for 1 & Durham Rd Hwy

Property size (Sq ft)

370,000 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional 370,000-square-foot retail and restaurant property presents a unique investment opportunity in Wake Forest, North Carolina. Situated on a substantial 175-acre lot at the high-traffic intersection of Capital Boulevard (US 1) and Durham Road (Highway 98), this single-tenant building offers unparalleled visibility and accessibility. The property's strategic location provides convenient access to a rapidly expanding market, less than 15 miles from downtown Raleigh, a key component of one of the nation's fastest-growing Metropolitan Statistical Areas. The entire building is currently vacant, presenting a blank canvas for a visionary developer or tenant seeking a large-scale presence in this thriving area. The property's mixed-use zoning allows for flexibility in development plans, catering to a wide range of commercial ventures. With its expansive size and prime location, this property is ideally suited for a large-format restaurant, a multi-tenant retail complex, or a combination of both. The significant lot size offers ample room for expansion, additional parking, or complementary development. This is a rare opportunity to acquire a substantial property in a high-growth market with significant potential for long-term returns. The property is located in Wake County, North Carolina, with a zip code of 27587.

Location Insight

City

Raleigh

County

Wake

State

North Carolina

Latitude

35.9711

Longitude

-78.5565

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