Listing Agency: Encore Real Estate Investment Services d***@encorereis.com Show Phone

Listed By: Dante Hargis · License #MI 6501373153

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:53AM

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Investment Insights

Based on property information with market context.

This retail space is offered through a long-term ground lease at 1717 High House Rd in Cary, North Carolina. The lease structure is the primary documented feature of the offering.

Key Highlights

• Long‑term ground lease
• 1717 High House Rd, Cary, NC 27513

Property Analytics

Property Profile

Current Use

Firestone Complete Auto ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Law Firm Auto Parts Store Restaurant

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

Location Intelligence

Trade Area within ½ mile

560

Businesses Nearby

247k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 58% Dining 27% Shops & Services 11% Beauty & Spa 3%

H Mart Groceries

83,154 visits/mo 0.3 miles

Chick-fil-A Dining

32,428 visits/mo 0.3 miles

Publix Groceries

31,151 visits/mo 0.2 miles

Harris Teeter Groceries

29,558 visits/mo 0.4 miles

Bojangles' Famous Chicken 'n Biscuits Dining

14,115 visits/mo 0.1 miles

Demographics for 27513, NC

46,526

Population

21,204

Households

2.2

Avg Household Size

39

Median Age

68%

College-Educated

97%

High-School Grad

16.4 sq mi

ZIP Area

2,837

Density / Sq Mi

$119,458

Median Household Income

$66,584

Median Earnings

$1,491

Median Rent

$468,300

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - The offering carries a long-term lease structure at a Cary address.

Where is this retail space located?

The property is located at 1717 High House Rd Cary, NC.

What are key features of this property?

This property features: Long‑term ground lease; 1717 High House Rd, Cary, NC 27513