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404 E Six Forks Rd
Raleigh, NC 27609
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
60,499 SF
Building Class
B
Year Built
1999
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.21
Lot Size
6.57 AC
Zoning
CX-3-PL - Commercial Mixed Use
Parking
240 Spaces (3.76 Spaces per 1,000 SF Leased)
Frontage
341’ on Six Forks Rd

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

ABOUT 404 E SIX FORKS RD , RALEIGH, NC 27609

Creekside Crossing is a 100% leased neighborhood shopping center anchored by Dollar Tree (NASDAQ: DLTR), Tuesday Morning (NASDAQ: TUES), and Planet Fitness (NYSE: PLNT), and shadow anchored by Kroger (NYSE: KR). The Property is located in Raleigh, NC at the highly trafficked Wake Forest Rd and E Six Forks Rd intersection (65,000 VPD combined). The Property benefits from the rapid growth and transformation of the surrounding area, with several exciting new residential and commercial redevelopments announced and underway to support the influx of younger residents drawn to the area due to its proximity to downtown Raleigh, diverse amenities, and nearby colleges and universities. Most notably, one of North Carolina's first Wegman's grocery store developments is scheduled for completion in 2018 at the NE corner of Wake Forest Rd and E Six Forks Rd. Creekside Crossing presents an exceptional opportunity to acquire a stabilized, high-yielding retail center with strong NOI growth in the attractive Raleigh market. Creekside Crossing is strategically located in a sought-after inside the beltline location at the intersection of E Six Forks Rd and Wake Forest Rd, an established corridor realizing increasing residential and retail growth. This prime location in the prominent 6 Forks / Falls of Neuse Raleigh submarket offers unparalleled regional connectivity with convenient access to Interstate 440 (0.5 mi) and Interstate 40 (2.0 mi). Immediate access to these major highways and a center-of-the-market position offers easy commutes to the surrounding executive communities such as Carolina Country Club, Country Club Hills, North Hills, Five Points, and Drewy Hills.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1715.13-03-8264-000
Land Assessment
$7,727,103
Improvements Assessment
$4,373,022
Total Assessment
$12,100,125
  • Listing ID: 6593720

  • Date on Market: 4/3/2017

  • Last Updated:

  • Address: 404 E Six Forks Rd, Raleigh, NC 27609

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