5100 Forestville Rd. Raleigh, NC
New Publix Anchored Shopping Center
Providence Group is pleased to offer for lease a Publix Grocery anchored retail development on the southwest corner of Buffaloe Road and Forestville Road in Raleigh N.C. Immediately surrounding the intersection are several new single family and multi-family projects that are estimated to break ground in the next 18 months. The site sits immediately off Interstate 540 which is a prominent thoroughfare in Raleigh. Well established residential and retail sit east of I540 but rapid residential growth and planning continues West of I540 with multiple new proposed and approved residential communities. Average Household income in a 3-mile radius is $88,699 and there are an estimated 188 new residents moving to Raleigh every day. The project will include grocery, retail and medical office users and will be a Class A retail development.
|MILE RADIUS||1 Mile||3 Mile||5 Mile|
|AVERAGE HH INCOME||$115,508||$114,986||$98,665|
|MEDIAN HH INCOME||$109,021||$96,102||$83,888|