Capital Blvd | Wake Forest, NC 27587
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Capital Blvd
Wake Forest, NC 27587
Aura Hilltop · For Lease
Property Facts
| Property Type | Land | Property Subtype | Commercial |
| Property Type | Land |
| Property Subtype | Commercial |
Property Overview
Capital Blvd (US 1) & Durham Rd in Wake Forest, North Carolina. Less than 15 miles from downtown Raleigh, making it part of one of the fastest growing MSAs in the country
Highlights
- New mixed use commercial development located off heavily travelled Capital Blvd (US 1) which carries approximately 51,500 VPD
- The project will have immediate access off Capital Blvd (US 1), a key element that is rare for developments located along this stretch of Capital Blvd
- Since 2000, the population has increased by 307% and the annual population growth rate is 3.29%
- Situated upon 175 acres, the project will have approximately 350,000 square feet of Commercial, 900 Class A apartments and 150 Townhomes
- This element will be a permanent access point that will not be altered by NCDOT's future improvements to Capital Blvd (US 1)
- Wake Forest is the 8th fastest growing city & ranked the 21st largest city in NC, with a Median HH Income that's 70% higher than the median NC HH
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