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11016 Capital Blvd
Wake Forest, NC 27587
Golden Corral · Retail Property For Sale
Investment Highlights
- Excellent visibility and frontage on Capital Blvd (US-1)
- Minutes to Downtown Wake Forest
- Easy access to a signalized intersection and secondary access via surrounding roads
- Access benefits from a nearby signalized intersection
Executive Summary
11016 Capital Blvd. presents a ±2.67-acre development opportunity in Wake Forest, one of the most active growth corridors in Wake County. Positioned along Capital Boulevard (US-1), the property benefits from frontage and visibility on a major commuter and retail route connecting Wake Forest with Raleigh and the broader Research Triangle region. The site's location provides convenient access to a signalized intersection and additional access points via surrounding roadways, supporting a variety of commercial development concepts.
The property is surrounded by an established concentration of national retailers, restaurants, residential communities, schools, and daily-needs destinations that contribute to consistent consumer activity throughout the area. Nearby commercial anchors include Walmart, Sam’s Club, Harris Teeter, Starbucks, Texas Roadhouse, Chili’s, Taco Bell, Wendy’s, and other nationally recognized brands. The surrounding trade area continues to expand with new residential development, including large master-planned communities that support long-term demand drivers.
The property is surrounded by an established concentration of national retailers, restaurants, residential communities, schools, and daily-needs destinations that contribute to consistent consumer activity throughout the area. Nearby commercial anchors include Walmart, Sam’s Club, Harris Teeter, Starbucks, Texas Roadhouse, Chili’s, Taco Bell, Wendy’s, and other nationally recognized brands. The surrounding trade area continues to expand with new residential development, including large master-planned communities that support long-term demand drivers.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
11,628 SF
Building Class
B
Year Built
2005
Price
$6,199,200 CAD
Price Per SF
$533.13 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.67 AC
Zoning
CU-HB
Parking
90 Spaces (7.74 Spaces per 1,000 SF Leased)
Frontage
400’ on Capital Blvd
Property Taxes
| Parcel Number | 1830.04-60-9136-000 | Improvements Assessment | $2,501,599 CAD |
| Land Assessment | $2,285,540 CAD | Total Assessment | $4,787,139 CAD |
Property Taxes
Parcel Number
1830.04-60-9136-000
Land Assessment
$2,285,540 CAD
Improvements Assessment
$2,501,599 CAD
Total Assessment
$4,787,139 CAD
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