Beaver Creek Crossings

JLL is exclusively marketing Beaver Creek Crossings, a 321,954 square foot high-performing super-regional retail shopping center strategically located in Apex, NC, in the thriving Raleigh MSA. The center boasts 100% occupancy and features a top-tier anchor tenant lineup including Dick's Sporting Goods, TJ Maxx, OneLife Fitness, Old Navy, Ross Dress for Less, Ulta, Kirkland's, Total Wine, and Longhorn Steakhouse.

Beaver Creek Crossings benefits from an exceptional location with direct access to US-64 (46,500 VPD) and I-540 (33,000 VPD) sitting roughly 17 miles from Downtown Raleigh and 14 miles from Research Triangle Park, benefiting from North Carolina's recognition as the #1 Best State for Business. The surrounding trade area demonstrates remarkable growth momentum, with household growth of 73.7% versus 2010 within a 3-mile radius and an average household income of $193,080.

Beaver Creek Crossings offers compelling value creation opportunities with approximately 35% of GLA currently below market rents, presenting a mark-to-market opportunity expected to generate over $1M in added base rental revenue over the next 11 years, with average rental rates increasing by more than 45% upon rollover. Additional upside exists through multi-tenant and single-tenant outparcel development opportunities.

The center benefits from exceptional tenant performance, with tenants averaging $444+ PSF in sales, 58% of tenants maintaining a sub-10% occupancy cost, and 89% of GLA occupied by national tenants. Leasing velocity has been explosive, with 112,000+ SF of new leases or renewals executed since January 2025, while overall center visits are up 21.8% year-over-year to more than 4.0 million annual visitors.

The combination of best-in-class national tenancy, premier interstate connectivity, highly sustainable below-market rents, and extraordinary multi-anchor drawing power serving a trade area extending more than 70 miles make Beaver Creek Crossings a market-leading retail investment opportunity in one of the Southeast's fastest-growing regions.