Springwood Forest

2900 Spring Forest Rd Raleigh NC 27616

Year Acquired:
2024
Purchase Price: $5,038,000
Area:  23,736SF
Acres: 2.05AC
Tenant Count: 7 Tenants
Notable Tenants:
-Spring Cafe
-Stromboli’s Restaurant
-ABS Kids (Behavioral Therapy)

Description:
Acquired in 2024, Springwood Forest is strategically located between Capital Boulevard and Falls of Neuse Road. This strip center was purchased well below replacement cost and boasts excellent road visibility. Spring Forest Road sees approximately 23,000 vehicles per day, providing strong traffic exposure for tenants.