10200 Little Brier Creek Ln
Raleigh, NC 27617
Thomasville Furniture · Retail Property For Sale

RTP Capital Advisors is proud to present Thomasville Furniture, a 36,000 SF corporately guaranteed furniture store located in Brier Creek, one of the fastest growing and most well-established mixed-use, planned communities in the Raleigh/Durham area. The store offers three renowned brands: Thomasville on the first floor with Drexel Heritage and Henredon sharing the second. With its prominent position and beautiful architecture, Thomasville Furniture is the quintessential pride of ownership asset in the Brier Creek market. Located at the intersection of Glenwood Avenue and Brier Creek Parkway, one of the busiest intersections between Raleigh and Durham, the property is ideally situated amongst Brier Creek’s 1.5 Million SF of retail space. Given the surrounding nationally anchored shopping centers, hotels, restaurants, office buildings, and high-income neighborhoods, Thomasville Furniture is at the heart of the area’s premier retail destination. With more than 78,000 residents within five miles and an average household income of $115,000+ within one mile, the subject property benefits from outstanding demographics. Furthermore, the property sits on a highly trafficked intersection only moments away from the junction of Interstate 540 and US Route 70 (95,000 VPD). Part of the Triangle’s central hub for activity, Thomasville Furniture is close by to Research Triangle Park, the Raleigh/Durham International Airport, and easily accessible by residents of Raleigh, Durham, and Cary. Thomasville Furniture represents a rare opportunity to acquire an exceptionally positioned asset in one of North Carolina’s prime retail corridors. With its elegant architecture and hard-corner location, we are pleased to offer Thomasville Furniture at a price of $8,379,000, an 8.25% cap rate.