2205 Evans Rd, Cary, NC 27513

This commercial real estate opportunity consists of approximately 3.39 acres to the north and 5.31 acres to the west, situated at the intersection of Evans Road and Weston Parkway in North Cary. The location benefits from high traffic volume, with 18,000 vehicles per day on Evans Road and 17,500 vehicles per day on Weston Parkway. The site features rough-graded pads and existing municipal water, sewer, and stormwater infrastructure. The surrounding area has a strong residential presence and a robust employer base supported by Lakeview and Centre Green Business Parks, home to companies such as Metlife, Biologics, Inc., Pennymac, and Intel Corporation. The area lacks established retail offerings despite the nearby demographics and residential density. The in-place zoning allows by-right development for a wide range of commercial uses, including retail stores, restaurants, and offices. The site is located within the Weston Major Planned Development District (PDD) and is zoned Office and Institutional (O&I) with a Commercial District Overlay (CDO). The CDO allows for a wide range of commercial uses. The location is supported by over 3 million square feet of office space, but less than 40,000 square feet of retail within a one-mile radius. The site is located three minutes from Highway 54, five minutes from I-40, and 10 minutes from I-540. Spark LS, located 2 miles to the north of the site, is under construction on 1.5 million square feet of lab and bio manufacturing space, with Phase I scheduled for completion in Q4 2023. The surrounding area is supported by Research Triangle Park, consisting of over 7,000 acres and home to hundreds of companies.