Single-Story Office Building For
For Lease
Contact for pricing
500 Gregson Drive, Cary, NC 27511
108,000 SF office building in MacGregor Park available for rent.
Space Size41,954 SF
Property Size108,000 SF
Lot Size33.00 Acres
Days on Market1675
Property Features for 500 Gregson Drive
General Information
Standard status
Active
Size
41,954 SF
Total Parking Spaces
1200
Lot size
33.00 Acres
Property subtype
Office
Lease Type
NNN
Building Details
Building Size
108,000 SF
Year Built
1988
Tenancy
Multiple
Spaces For Lease
at 500 Gregson Drive Contact us- Size
- 41,954 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Suite 100
Listing Agency:
Capital Associates
Listed By:
Thomas Bradshaw · License #NC 145780
Source:
Crexi
Added: Jan 31, 2022
Changed: Aug 22
Last Checked: Aug 28 at 2:19PM
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 Capital Associates
Investment Insights
Based on property information with market context.
The property at 500 Gregson Drive is a 108,000 square foot single-story office building situated on a 33-acre site within MacGregor Park. The location offers proximity to hotels, restaurants, banks, and day care centers. The building is equipped with dual-feed power from two primary feeders and multiple SONET rings to enhance telephone and data transmission capabilities. Additional land is available for build-to-suit options. Suite 170, comprising 9,963 square feet, is currently available. This suite is subdividable and suitable for training, engineering, network operations, or a call center.
Key Highlights
- High‑tech building with dual‑feed power from two different primary feeders
- Multiple SONET rings maximize telephone and data transmission speed and capacity
- Located on a 33‑acre site in MacGregor Park
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Cary, NC
$31.58 /SF/Yr
Avg Asking Price
$25.5–$42 /SF/Yr
Price Range
54,630 SF
Avg Space Size
This space is priced 49% below the average of $31.58 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - 108,000 SF office building in MacGregor Park available for rent.
Where is this office building located?
The property is located at 500 Gregson Drive Cary, NC.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: High‑tech building with dual‑feed power from two different primary feeders; Multiple SONET rings maximize telephone and data transmission speed and capacity; Located on a 33‑acre site in MacGregor Park
