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489 Dr Calvin Jones Hwy
Wake Forest, NC 27587 Outer Northern Outlying

$4,300,000 USD

General Retail For Sale  •  3,505 SF

Property Details

  • Property Type General Retail
  • Total Building Size 3,505 SF
  • Lot Size 1.08 AC
  • Year Built 2026
  • Cap Rate 4.65 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
30 Walk Score

Highlights

New 2026 construction | Absolute net ground lease | No landlord responsibilities
Desirable lease term | New 15-year term
Corporate lease | Whataburger Restaurants, LLC | 1,100 locations across 17 states
Strategic Location | Property is located directly across from Wegmans and adjacent to a new retail development
Explosive population growth within 1-mile | 75.12% from ’10-‘25
Affluent surrounding area | $137,312 average household income within a 1-mile radius

Property Flyers

Cap Rate: 4.65 %

Major Tenants

Tenant SF Occupied Lease End Date
Whataburger 3,505 SF 12/31/2040

Public Transportation

AirportDriveWalkDistance
Raleigh-Durham International 31 min - 20.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 35
Type: Surface
Included in Rent: Yes
Carl Brendes 704-714-2363 Berkeley Capital Advisors
Carl Brendes 704-714-2363 Berkeley Capital Advisors