Firm Overview Listings Shopping Centers Single-Tenant 1301 Exchanges
Rob Carter
704.379.1982 Office
704.379.1988 Fax
carter@berkeleycap.com
Alex Quarrier
704.714.2365 Office
704.379.1988 Fax
quarrier@berkeleycap.com
David Webb
704.379.1967 Office
704.379.1988 Fax
webb@berkeleycap.com
   
Fuquay Crossing

OFFERING SUMMARY

Fuquay Crossing is a neighborhood-oriented shopping center located in Fuquay-Varina, North Carolina. Fuquay Crossing is anchored by Kroger, O2 Fitness, Dollar Tree, Kroger Fuel Station and is 124,773 SF. The property is located at Broad Street and Sunset Lake Road, just 14 miles Southwest of Raleigh.

SUBMARKET OVERVIEW

Fuquay-Varina is one of the fastest growing suburbs of Raleigh as the town has more than doubled in the last decade and is expected to triple in the next. State highways 55, 42, and U.S. 401 converge into Main Street in the eastern part of the town, making access to many areas in North Carolina extremely convenient.

 

DEMOGRAPHICS
   
  1 Mile 3 Mile 5 Mile  
2017 Population Projection 4,807 32,473 70,853  
2012 Estimate 4,016 27,417 60,262  
Growth 2012 - 2017 19.70% 18.44% 17.57%  
Growth 2000 - 2012 108.41% 94.16% 89.77%  
2012 Average Household Income $75,669 $71,712 $74,997  
 
Profiles
  Map/Directions
Name Fuquay Crossing
Size 124,773 SF
Leased 94%
Address Broad Street/Sunset Lake Road
Market Fuquay-Varina (Raleigh MSA)
Year Delivered 2002
Parking Spaces 484
Land Size 14.48 Acres
   
Anchor Tenants Lease Expiration Square Feet
Kroger 08/31/22 46,478
O2 Fitness 03/31/15 20,000
Dollar Tree 07/31/22 10,000
Kroger Fuel 08/31/22 Outpad
   
NET OPERATING INCOME $1,091,107
   
CAP RATE 0
   
OFFERING PRICE Unpriced
©2006 Berkeley Capital Advisors - 831 East Morehead, Suite 650 // Charlotte, South Carolina 28202 // 704-379-1980
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