Falls River Town Center
Falls River Town Center is a 125,921 SF, 8 building center located in North Raleigh’s Falls of Neuse & Durant Road submarkets. The center is strategically located within a prominent residential cluster just outside Interstate 540, with access to downtown Raleigh in less than 20 minutes. The rent roll consists of 3 well-performing anchors – Food Lion, Ace Hardware, and Dollar General – and a mix of food & beverage and service-oriented tenants.
Portfolio: Northpond Fund IV, LP
Acquisition Date: May 2022
Strategy: Income + Growth
Neighborhood: North Raleigh