Restaurant Space on Chatham
For Lease
$32 SF/Yr
701 E Chatham St, Cary, NC 27511
Second generation restaurant space with patio and on-site parking.
Property Size5,287 SF
Days on Market149
Property Features for 701 E Chatham St
General Information
Standard status
Active
Size
5,287 SF
Property subtype
Retail
Building Details
Year Built
2004
Listing Agency:
Lee & Associates | Raleigh
(919) 291-6282
Listed By:
Chip Lanier
(919) 291-6282
Source:
Lee-associates
Added: Mar 4
Changed: Jul 6
Last Checked: Jul 30 at 3:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Raleigh
Investment Insights
Based on property information with market context.
This is a 5,287 square foot second-generation restaurant space. The property is located at the intersection of E. Chatham Street and SE Maynard Road, offering direct visibility to traffic on E. Chatham Street. It features patio seating and on-site parking. All furniture, fixtures, and equipment (FF&E) are in place and available for purchase. The location is minutes from Downtown Cary, Wake Med Soccer Park, I-40, and Fenton.
Key Highlights
- 2nd Generation Restaurant: Ready for immediate operation.
- Prime Location: Located at the high‑traffic intersection of E. Chatham St and SE Maynard Rd.
- FF&E Available: All furniture, fixtures, and equipment are in place and available for purchase.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
947
Businesses Nearby
62k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Dining 36%
Groceries 25%
Bojangles' Famous Chicken 'n Biscuits
Dining
19,402 visits/mo
0.4 miles
Patel Brothers
Groceries
15,327 visits/mo
0.2 miles
Exxon
Shops & Services
10,534 visits/mo
0.4 miles
Dollar General
Shops & Services
8,767 visits/mo
0.3 miles
BP
Shops & Services
3,963 visits/mo
0.3 miles
Demographics for 27511, NC
32,786
Population
14,359
Households
2.3
Avg Household Size
42
Median Age
58%
College-Educated
93%
High-School Grad
11.7 sq mi
ZIP Area
2,802
Density / Sq Mi
$104,072
Median Household Income
$50,778
Median Earnings
$1,436
Median Rent
$416,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Restaurant - Second generation restaurant space with patio and on-site parking.
Where is this restaurant located?
The property is located at 701 E Chatham St Cary, NC.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: 2nd Generation Restaurant: Ready for immediate operation.; Prime Location: Located at the high‑traffic intersection of E. Chatham St and SE Maynard Rd.; FF&E Available: All furniture, fixtures, and equipment are in place and available for purchase.
