Waverly Place

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  • 302 Colonades Way Cary North Carolina 27518 United States
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1REC's Take
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1REC's Take
Pros

✔ Upscale open-air shopping center with major tenants like Whole Foods and Shake Shack, ✔ Variety of dining options including Gonza Tacos y Tequila and Pineapple Sol, ✔ Beautiful landscaping with greenspace and water features

Cons

✘ Limited high-end luxury options, ✘ Traffic challenges during peak hours, ✘ Some areas still under development

Shopper Profile

✦ Affluent Shoppers: Attracts high-income individuals, ✦ Families: Appeals to families for casual dining and community events, ✦ Preferences: Upscale retail, dining options

About Location
A charming lifestyle center blending boutique retail, local dining, and community events in a walkable setting. Attracts families and professionals from Cary and surrounding areas. Corporate-managed, with moderate rents and strong local engagement.
Trade Area Summary

Basic Demographics

Household Segment Breakdown

Occupancy
Tenant Sales per Square Foot: $1,200
Anchor Tenants: Zara, H&M, Apple, Nike
Destination Rents
Average Rent (psf): 230
Availabilities
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Preferred ISP(s)
Spectrum, AT&T Fiber
Estimated Permit Timeline (weeks)
8-12
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Waverly Place
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MSA: Raleigh-Cary NC
Address: 302 Colonades Way
Cary
North Carolina
27518
United States
Place Tags: Lifestyle Center
Website
Retail Type: Lifestyle Centers

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