New Development Activity in the area

Discussion in 'Discussion Group' started by jesse82nc, Aug 14, 2020.

  1. jesse82nc

    jesse82nc Well-Known Member

    Looks like they are calling it West Edge - https://castoinfo.com/commercial/portfolio/west-edge/

    https://buildout.com/sharing/west-edge?file=4097181

    Assuming Target is most likely the left side Anchor, if not, then the middle one. Looks like lots of small opportunities open too for new things.
    west edge.jpg

    Best guesses based on some research and some AI help:


    ANCHOR STORES

    Location Best Guess Confidence
    West Anchor (147,000 s.f.) Target Very High — land purchase reported by TBJ
    Center Anchor N.I.S. Costco Moderate — fuel canopy + footprint + market gap
    East Anchor N.I.S. Dick's Sporting Goods Moderate — biggest retail gap visible in aerials
    OUTPARCELS / LEASE PENDING LOTS

    Lot Best Guess Runner Up Confidence
    Lot 2 Chick-fil-A Raising Cane's High — most glaring QSR gap in all of Clayton
    Lot 3 Raising Cane's Wingstop Moderate
    Lot 4 Starbucks (drive-thru) Dutch Bros Moderate — Target co-location is nearly universal
    Lot 5 Texas Roadhouse Olive Garden Moderate — Italian/steakhouse gap exists
    Lot 6 First Watch Carrabba's Low-Moderate — sit-down breakfast gap is real
    Lots 8/9 Hotel (Hampton Inn / Marriott Courtyard type) Urgent Care / Medical Moderate — Novo Nordisk campus drives business travel
    INLINE RETAIL STRIPS (Buildings A–E)

    These smaller 1,100–3,400 s.f. units are harder to predict specifically, but based on what's missing and what typically fills these spaces in comparable NC suburban developments:

    Type Likely Tenant
    Wireless carrier T-Mobile or Verizon
    Fast casual Jersey Mike's or Which Wich
    Fitness/wellness Massage Envy or Hand & Stone
    Nail/beauty Generic nail salon or Sport Clips
    Financial Edward Jones or a regional credit union
    Pet Nothing — PetSense already next door
    Specialty food Smoothie King or Nothing Bundt Cakes
    Medical Eyeglass World or America's Best
    WHAT I'D ACTUALLY BET MONEY ON:

    1. Target ✓ (basically confirmed)
    2. Chick-fil-A (nearly certain given the gap)
    3. Starbucks drive-thru (follows Target almost everywhere)
    4. A hotel of some kind
    5. Costco (high conviction but not confirmed)
    WHAT I GENUINELY DON'T KNOW:

    • Whether the center anchor is Costco or something else entirely
    • Which specific sit-down restaurant chains fill Lots 5/6
    • Whether Carrabba's or Olive Garden wins the Italian segment
     
    Last edited: Jun 16, 2026 at 10:44 AM
    markfnc likes this.
  2. markfnc

    markfnc Well-Known Member

    great info
     
  3. markfnc

    markfnc Well-Known Member

    Not Chicken Salad Chick, but Daves Hot Chicken. below from N&O
    The newest Dave’s location will go into 220 Cabela Dr., in Garner, joining the shopping center with Bass Pro Shops, Long Horn Steakhouse and Starbucks. This Dave’s is being built as a stand-alone 2,500 square foot restaurant at the corner of Cabela Dr and US Hwy 70. Dave’s Hot Chicken, a California-based spicy chicken chain, opened its first Triangle location in Wake Forest in 2023 and has since added locations in Holly Springs and Raleigh. The brand also plans to open a Cary location this Fall, The News & Observer previously reported. The Triangle Dave’s Hot Chicken franchise is owned by married couple Russell and Loreen Hansen. The original deal was for six restaurants, but VP of operations Larry Holcomb said in a phone interview that more locations may be added.

    Read more at: https://www.newsobserver.com/living/food-drink/article316137086.html#storylink=cpy
     
    jesse82nc likes this.
  4. jesse82nc

    jesse82nc Well-Known Member

    I went and looked up about a dozen other Costco sites, and the building footprint for the center anchor matches almost exactly their typical layout, with the fuel island at the top between lots 6 and 8. I would call that a 75% chance right now without some actual news.
     

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