Properties
Ravenstone Commons
Ravenstone Commons
121 Sherron RdDurham, NC 27703
Ravenstone Commons sits at the strategic intersection of Sherron Road (12K VPD) and Wake Forest Highway (15K VPD) which is the major connection point between the fast growing Wake Forest area of North Raleigh and Highway 70 (46K VPD) which feeds directly into downtown Raleigh. The area surrounding the property is experiencing explosive population growth. 10 residential developments planned for the area that are expected to total over ~1,500 residential units driving forecasted 3.4% annual population growth with average household incomes of $113K within a one-mile radius. Because of high barriers to entry in the surrounding area, there is very little nearby retail competition for Ravenstone Commons allowing tenants in the center to benefit from all the nearby population growth.
Demographics
| 1 mi. | 3 mi. | 5 mi. | |
|---|---|---|---|
| Population | 4,294 | 29,225 | 91,772 |
| Daytime Population | 702 | 3,555 | 25,090 |
| Households | 1,593 | 11,084 | 36,955 |
| Avg HH Income ($) | 142,111 | 127,392 | 116,893 |
| Med HH Income ($) | 116,559 | 102,715 | 93,003 |
| Median Age | 36 | 37 | 36 |
| % College Educated | 70 | 60 | 57 |
Highlights
Leasing Contact
Molly Morgan
610 E Morehead St, Ste 100
Charlotte,
NC
28202
p.
704.319.4936
c.
602.228.7858
f.
704.365.3215
license #
277232, 88419
Plans
Ravenstone Commons
| Available | Coming Available |
| 1 | Subway | 1,400 SF |
| 2 | Grill 46 | 2,100 SF |
| 3 | Our Daughters Salon | 1,400 SF |
| 4 | New China | 1,400 SF |
| 5 | State Farm Insurance | 1,400 SF |
| 6 | Tobacco World | 1,400 SF |
| 7 | Open Wide Family Dentist | 2,450 SF |
| 8 | J Tiger Taekwondo | 1,200 SF |
| 9 | SD Cleaners | 1,200 SF |
| 10 | Nail Time | 1,200 SF |
| 11 | Food Lion | 38,274 SF |
| 12 | Roma Pizza | 2,100 SF |
| 13 | Anytime Fitness | 4,900 SF |
