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Capstone is pleased to present the Ten Ten Crossing Development Site, a ±10.38 acre site located in Fuquay-Varina, North Carolina. This development site in Fuquay-Varina presents developers with the rare opportunity to acquire a site in one of the fastest growing submarket in the Raleigh MSA. Ten Ten Crossing Development Site will allow buyers to capitalize on the consistent population growth as well as the +21% rent increase seen in the Fuquay-Varina MSA over the past 36 months once construction is complete.
The development site is located within proximity to all major employers, retail, and commercial services in Fuquay-Varina. Located less than a minute away from Fayetteville Road, the site sits along Ten Ten Road and Lake Wheeler Road, giving future residents easy access to demand drivers and major thoroughfares across Fuquay-Varina and Raleigh. Future residents will reach downtown Raleigh within 18 minutes by car. Downtown Raleigh is home to a plethora of amenities such as Red Hat Amphitheater, North Carolina Museum of Art, North Carolina State University, and Cary Towne Center. To the west of Raleigh, residents will also find the PNC Arena, Crabtree Valley Mall, Raleigh-Durham Airport, and Streets at Southpoint.
Investment Highlights:
Versatile Opportunities with Multiple Development Possibilities
Interconnected to All Major Amenities
Built-For-Rent Surge with Strong Local Renter Support