Retail Space
11480 Capital Boulevard Wake Forest, NC 27587
Details & Description
Price: $5,211,300
    Service Oriented Tenants – Shoppes at Wake Forest is completely comprised of internet resistant tenantsNNN Leases – All operating expenses for the center are reimbursed by the tenantsSignalized Intersection – Positioned on the corner of Capital Blvd and Caveness Farms Ave, offering ease of access to travelers from both directionsStrong Growth Numbers – Wake Forest has been a popular destination for residents moving to the Research Triangle. Within a 5-mile radius of the property there has been over a 31% growth in the population in the last 10 yearsDensely Populated Area -Over 114,000 people in 3-mile RadiusAffluent of Raleigh Suburb – Average Household income over $126K in 5-mile RadiusEstablished Submarket – Capital Blvd is one of Raleigh’s main corridors and services commuters from Wake Forest and NE Raleigh to Downtown RaleighHigh Traffic Location – 49,000 VPD on Capital Blvd and 27,500 VPD on S Main St
    Listing Agents
    Sam Young

    O: 980-498-3292
    syoung@atlanticretail.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    11480 Capital Boulevard

    Wake Forest, NC 27587

    Listing ID: 210825
    • 11480 Capital Boulevard Wake Forest, NC 27587 | for Sale | Photo 1
    • 11480 Capital Boulevard Wake Forest, NC 27587 | for Sale | Photo 2
    • 11480 Capital Boulevard Wake Forest, NC 27587 | for Sale | Photo 3
    11480 Capital Boulevard | for Sale | Thumbnail 1
    11480 Capital Boulevard | for Sale | Thumbnail 2
    11480 Capital Boulevard | for Sale | Thumbnail 3
    Building Size: 12,060 SF
    Lot Size: 1.950 AC
    Land Size: 84,942 SF
    Building $/SF: $432.11
    Land $/SF: $61.35
    Price
    $5,211,300
    Description

    Service Oriented Tenants – Shoppes at Wake Forest is completely comprised of internet resistant tenants

    NNN Leases – All operating expenses for the center are reimbursed by the tenants

    Signalized Intersection – Positioned on the corner of Capital Blvd and Caveness Farms Ave, offering ease of access to travelers from both directions

    Strong Growth Numbers – Wake Forest has been a popular destination for residents moving to the Research Triangle. Within a 5-mile radius of the property there has been over a 31% growth in the population in the last 10 years

    Densely Populated Area -Over 114,000 people in 3-mile Radius

    Affluent of Raleigh Suburb – Average Household income over $126K in 5-mile Radius

    Established Submarket – Capital Blvd is one of Raleigh’s main corridors and services commuters from Wake Forest and NE Raleigh to Downtown Raleigh

    High Traffic Location – 49,000 VPD on Capital Blvd and 27,500 VPD on S Main St

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Raleigh History of Retail Space for Sale

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    Wake Forest Area Market Trends

    Listing Demographics for 11480 Capital Boulevard Wake Forest, NC 27587

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population7,22944,621103,880
    Population Median Age393737
    Population by Age0-9 Yrs853 (11%)5582 (12%)13398 (12%)
    10-19 Yrs1067 (14%)7410 (16%)17017 (16%)
    20-29 Yrs832 (11%)4787 (10%)10161 (9%)
    30-39 Yrs834 (11%)5228 (11%)13862 (13%)
    40-49 Yrs1188 (16%)7463 (16%)16896 (16%)
    50-59 Yrs1063 (14%)6086 (13%)14693 (14%)
    60-69 Yrs615 (8%)4153 (9%)9844 (9%)
    70+ Yrs777 (10%)3912 (8%)8010 (7%)
    Median HH Income$86,390$91,988$97,714
    Total Household Income< 24K242 (8%)1617 (9%)3208 (8%)
    25-49K490 (17%)2763 (16%)5711 (15%)
    50-74K502 (17%)2514 (15%)5275 (14%)
    75-99K417 (14%)2047 (12%)5018 (13%)
    100-199K783 (27%)5260 (31%)13173 (35%)
    200K+414 (14%)2369 (14%)5122 (13%)
    Highest Education LevelNo Diploma19611232811
    Diploma or GED68740659764
    Some College885520711895
    Assoc. Degree39823876080
    Bachelors Degree17201093125207
    Higher Degree1007555713002
    Total Housing Units3,16417,87439,634
    --Owner-Occupied1,70911,25127,812
    --Renter-Occupied1,1395,3199,696
    Owner-Occupied Values< 100K45298766
    100-199K24718804731
    200-299K54930437679
    300-399K40528157470
    400-499K30118533853
    500K+16213623312
    Total Working Age Population5,73134,16979,162
    In Work Force4,13624,19255,995
    Not In Work Force1,5959,97823,167
    Workforce Employed3,98223,11953,402
    Workforce Unemployed1531,0392,525
    Civlian Workforce4,13524,15955,928
    Military Workforce13367
    Total Households2,84716,57037,508
    Family Households1,95012,11228,094
    Non-Family Households8974,4589,414
    Married Couple1,6289,66223,106
    Other Family3222,4494,987
    Married w/Child7675,06112,168
    Single Male w/Child44317634
    Single Female w/Child1971,2712,519

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    North Carolina8,049,313+189,535,483+1110,630,691+1111,836,070
    Franklin County47,260+2860,619+1670,212+1681,204
    Granville County48,498+2459,916+462,147+1269,540
    Wake County627,846+44900,993+231,109,883+201,328,336

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 11480 Capital Boulevard in Wake Forest?
    The asking price for 11480 Capital Boulevard is $5,211,300
    What is the building size of this Retail property in Wake Forest, NC?
    The size of the building/unit at 11480 Capital Boulevard in Wake Forest is 12,060 square feet
    How much land does the Wake Forest, NC property at 11480 Capital Boulevard include?
    11480 Capital Boulevard in Wake Forest includes 1.950 acres of land
    What kind of Retail is the propery at 11480 Capital Boulevard?
    The property at 11480 Capital Boulevard Wake Forest, NC 27587 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 11480 Capital Boulevard in Wake Forest?
    The population within 1 mile of 11480 Capital Boulevard Wake Forest, NC 27587 is 7,229 people.
    Who do I contact for questions about 11480 Capital Boulevard?
    You should contact the listing agent, Sam Young, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

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    3424 Capital Boulevard, Raleigh, NC CALL 14249 3.67
    3424 Capital Boulevard, Raleigh, NC $2,300,000 14249 3.67
    3911 New Bern Avenue, Raleigh, NC $726,230 3200 -
    4201 New Bern Avenue, Raleigh, NC CALL 12250 2.13
    206 Hinton Oaks Boulevard, Knightdale, NC $3,775,400 7500 0.83
    117 West Vance Street, Zebulon, NC $570,000 6456 0.14
    121 West Vance Street, Zebulon, NC $375,000 4256 0.11
    101-A West Vance Street, Zebulon, NC $1,897,800 23006 0.15

    Closest Commercial Airports

    Airport Distance (mi)
    Raleigh Durham International Airport (RDU) 15
    Piedmont Triad International Airport (GSO) 79
    Roanoke–Blacksburg Regional Airport (ROA) 124