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The Market of Wake Forest 12217-12295 Capital Blvd 1,200 - 4,522 SF of Retail Space Available in Wake Forest, NC 27587
Highlights
- Located at the intersection of Capital Boulevard and NC Hwy 98.
- Traffic counts: 41,000 VPD on Capital Blvd; 9,900 VPD on NC Hwy. 98 (Source: 2021 NC DOT)
- Entrances on both Capital Boulevard & NC Hwy 98
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 12 | 1,200 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $30,000 /YR $2,500 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 18 | 3,322 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $83,050 /YR $6,921 /MO | Triple Net (NNN) |
12217-12295 Capital Blvd - 1st Floor - Ste 12
Former coffee shop in Market of Wake Forest. The space doesn't have a grease trap or hood.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
12217-12295 Capital Blvd - 1st Floor - Ste 18
2nd generation restaurant in Market of Wake Forest.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Site Plan
Property Facts
About the Property
Market of Wake Forest is strategically positioned to benefit from the area’s rapid population and retail growth, as Wake Forest continues to be one of the fastest-growing communities in the Triangle. Located directly on Capital Boulevard—one of the region’s busiest thoroughfares with strong daily traffic—this center offers exceptional visibility and access for retailers. Anchored by national tenants and surrounded by dense residential expansion, the property sits at a highly trafficked intersection, making it an ideal location for operators looking to capture both commuter and local consumer demand.
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
