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Street-Level Medical Office Suite

1400 Gathering Park Circle #101, Cary, NC 27519

For Lease
$3,797-$5,145/Mo

Shell delivery includes plumbing stub-outs, sprinkler mains and both storefront and lobby entry.

Space Size1,470 SF
Days on Market29

Property Features for 1400 Gathering Park Circle #101

General Information

Standard status Active
Size 1,470 SF
Net Rentable 1,470 SF
Zoning PDD
Lease Type NNN

Space & Availability

Available Space 1,470 SF
Contiguous Space 1,470 SF
Floor Ground Floor
Space Use Medical Office
Condition Shell
Sublease No

Lease Terms

Monthly Rent $3,797-$5,145
Rent per SF/Year $31-$42
Lease Term 120 months

Additional Details

Road Access Yes
Sprinkler System Yes

Building Details

Building Size 1,470 SF
Year Built 2022
Construction brick
Listing Agency: VPEAK REALTY LLC
Listed By: Varun Chinta
Source: Dwellraleigh
Added: Oct 12 Changed: Nov 7 Last Checked: Nov 8 at 8:46PM

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 VPEAK REALTY LLC

Rey
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Investment Insights

Based on property information with market context.

This approximately 1,470-square-foot east half of Suite 101 occupies the ground floor of a brick mixed-use building completed in 2022. The space is delivered as a shell, with perimeter walls, sprinkler mains and plumbing stub-outs already in place. Entry is available from the storefront on Gathering Park Circle or through the building lobby.

Franklin Park includes luxury condominiums above the commercial space. The property is in the village core of Carpenter Village in Cary, and offers covered and surface parking. Zoning is PDD; medical uses require verification under the applicable development district.

Key Highlights

  • Approximately 1,470 SF in the east half of Suite 101
  • Shell condition with perimeter walls, sprinkler mains and plumbing stub‑outs
  • Storefront entrance on Gathering Park Circle plus interior lobby access

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system
Yes
Paved road access
NNN (Triple Net)
Lease Type
$5.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

396
Businesses Nearby
Under-served
Demand for This Use

Demographics for 27519, NC

65,923
Population
24,758
Households
2.7
Avg Household Size
37
Median Age
78%
College-Educated
97%
High-School Grad
22.3 sq mi
ZIP Area
2,956
Density / Sq Mi
$159,414
Median Household Income
$83,602
Median Earnings
$1,854
Median Rent
$614,100
Median Home Value

Market

Lease Benchmarks for Cary, NC

$28.19 /SF/Yr
Avg Asking Price
$19–$42 /SF/Yr
Price Range
13,513 SF
Avg Space Size

This space is priced 29% above the average of $28.19 /SF/Yr.

Average Price Trend$/SF/Yr for Medical Office Space in Wake County, NC

$28.75 Jul
$26.49 Aug
$26.1 Sep
$23.46 Oct

Properties on Market for Medical Office Space in Wake County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • Grace Park Animal Hospital — 11010 Lake Grove Blvd, Morrisville, NC 27560

Frequently Asked Questions

What type of property is this?
Medical Office Space - Shell delivery includes plumbing stub-outs, sprinkler mains and both storefront and lobby entry.
Where is this medical office space located?
The property is located at 1400 Gathering Park Circle #101 Cary, NC.
What is the lease rate?
The lease rate is $3,799/Mo.
What are key features of this property?
This property features: Approximately 1,470 SF in the east half of Suite 101; Shell condition with perimeter walls, sprinkler mains and plumbing stub‑outs; Storefront entrance on Gathering Park Circle plus interior lobby access
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