2020 Marquee Ln
Fuquay Varina, NC 27526
The Learning Experience | 25 YR | Built 2019 · Retail Property For Sale

The property is strategically located at the intersection of North Main Street and Cinema Drive, with excellent visibility and access to 29,000 vehicles per day. North Main Street is a major commercial corridor, and the property is close to several nationally recognized retailers, including Kohl’s, Walmart Supercenter, Aaron’s, Chick-fil-A, Walgreens, Starbucks, Aldi, Dollar Tree, and Home Depot, amongst many others. The property is also outparcel to The Village at Marquee Station, a new mixed-use development that features 265 apartment units along with retail and commercial space. Several schools are near the property, including Fuquay-Varina Elementary School (883 students) and two new schools—Willow Spring High School and South Lakes Elementary School—which are currently under construction and are expected to open in August 2019 and August 2020, respectively. All these schools are part of the Wake County Public School System, the largest system in the state. The property is surrounded by affluent residential neighborhoods; the average household income within one mile of the property is $99,578, and average household incomes within three- and five-mile radii exceed $91,600. The surrounding area is also rapidly growing, with several residential communities currently under construction near the property. The population within one mile of the property grew 50% between 2010 and 2018, and the population is expected to grow by more than 10% between 2018 and 2023 within one-, three-, and five-mile radii. Additionally, a majority of the region’s workforce works outside of the home, and many residents commute to Raleigh and the surrounding communities for work, providing a high demand for childcare services.