|Building Area Gross||
Jones Lang LaSalle, Inc., a North Carolina licensed real estate broker (“JLL”), has been retained as the exclusive sales representative for Wakefield Crossing, a 75,927 square foot community retail center anchored by Food Lion. The 95% occupied Center is located in Raleigh, NC, the second-fastest growing large metro in the United States. The Property benefits from high traffic counts (19,500 VPD) along Falls of Neuse Road and superior fundamentals with multiple access points and premium outparcel tenants (NAP) that draw additional customers to the Center.
- RALEIGH MSA
- GROCERY ANCHORED OFFERING WITH STRONG TENANT COMMITMENT
- INVESTMENT GRADE TENANCY (S&P BBB | MOODY’S BAA1)
- MARK-TO-MARKET RENTAL OPPORTUNITIES WITH ATTRACTIVE NOI GROWTH PROFILE
- OUTPARCELS WITH NATIONAL RETAILERS CREATE ADDITIONAL SHOPPING TRAFFIC ALONG FALLS OF NEUSE ROAD (19,500 VPD)