Matthews Property Assemblage

Matthews Property Assemblage

Property Features

commercial/mixed use site

  • 44+/- Prime Mixed-Use Development Site

  • A Premier Commercial Mixed-Use Development Opportunity in Rapidly Growing Southern Wake County

    • Zoning: The Town of Garner has this strategic property planned for Mixed Density Neighborhood Center, with flexible density and use options, including retail, multi-family, office/flex.

    • Unrivaled Visibility: Over 1200 +/- LF of high-visibility road frontage along Fayetteville Road (US-401), a major traffic connector corridor within 10 minutes of Downtown Raleigh.

    • Rapid Growth Market: Positioned in a market with strong demand for housing, retail, and services driven by a booming residential population.

    • Connectivity: Centrally located within minutes to I-40, I-440, and the new I-540 interchange, offering seamless connectivity to RDU International Airport and Research Triangle Park (RTP)

    • Proven Retail Demand: The site is a quarter-mile from the successful Costco development in Rand Village, demonstrating strong retail demand in the immediate area.

    • Surrounded by New, Planned & Existing Development: Benefiting from existing and planned residential, commercial, and mixed-use growth, including The Exchange at 401 project, there will be an additional 1900+ units of mixed residential within the area.

  • This flexible, large-scale site can accommodate a variety of uses tailored to market needs and town guidelines.

    • Residential: Multi-story apartments, townhomes, and age-targeted residential to serve Garner’s rapidly expanding population.

    • Retail/Commercial: Prime outparcels for retail, restaurants, and neighborhood support services, creating a vibrant, walkable center.

    • Office/Medical: Space for modern medical and professional office options to support the growing regional economy.

  • Potential Development Concepts

    • Mixed-Use Town Center: A central hub with ground-floor retail and upper-story apartments, connected by pedestrian-friendly spaces and outdoor dining areas.

    • Lifestyle-Focused Community: A master- planned community with a mix of housing types, retail, and green space to meet diverse residential needs.

    Garner’s Economic Potential

    Garner is one the of fastest-growing towns in the nation, boasting a pro-business environment and strategic location just 10 minutes from Downtown Raleigh. A new interchange for the I-540 outer loop is now open at Fayetteville Road (US-401), offering unmatched regional accessibility. This prime 44+/-acre site offers an exceptional opportunity to create a transformative development that captures the area’s immense growth.

  • Contact Broker for Pricing & More Information

    BRENDA H. COMPTON

    (919) 522-5834

 
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