489 Dr Calvin Jones Hwy - Retail FOR SALE


Wake Forest, NC 27587- Outer Northern Outlying
$4,000,000 USD
704-714-2363
489 Dr Calvin Jones Hwy, Wake Forest, NC for Sale
$4,000,000 USD
Retail - FOR SALE
1/5
null | 5% Cap Rate

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


HIGHLIGHTS

  • New 2026 construction
  • Absolute net ground lease | No landlord responsibilities
  • 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
  • Great visibility from Dr. Calvin Jones Hwy | 31,000 VPD
  • Explosive population growth within 1-mile | 75.12% from ’10-‘25

OVERVIEW

Carl Brendes and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Whataburger Ground Lease in Wake Forest, NC. We welcome your review of this attractive investment.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$1,141 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whataburger Ground Lease

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

Commercial

APN/PARCEL ID

1830.12-76-7787-000

ASK ABOUT THIS PROPERTY

Carl BrendesBerkeley Capital AdvisorsMore Info
704-714-2363

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Carl BrendesBerkeley Capital AdvisorsMore Info
704-714-2363

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.