Mixed-Use Lifestyle Center in
For Lease
$29.50 SF/Yr
575 New Waverly Place, Cary, NC 27518
207,000 SF mixed-use center with shopping and greenspace.
Space SizeContact for details
Days on Market272
Property Features for 575 New Waverly Place
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
(919) 831-8256
Listed By:
Brian Carr
(919) 831-8256
Source:
Cbre
Added: Nov 22, 2025
Changed: Aug 15
Last Checked: Aug 20 at 9:23AM
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 Brian Carr
Investment Insights
Based on property information with market context.
Waverly Place is a 207,000 square foot mixed-use lifestyle center located in Cary. The property features open-air shopping, an acre of greenspace, firepits, water features, and unique architecture. It is strategically located in the heart of Cary, across from WakeMed’s Cary Campus. Anchored by Whole Foods, the destination offers extensive common greenspace and access to a mix of shopping, dining, and personal service options. The property size is 10,820 square feet.
Key Highlights
- Mixed‑use lifestyle center with open‑air shopping.
- Anchored by Whole Foods.
- Convenient Cary location.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.43 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,979
Businesses Nearby
Explore this area
Business Placement
Demographics for 27518, NC
21,807
Population
9,211
Households
2.4
Avg Household Size
43
Median Age
72%
College-Educated
97%
High-School Grad
9.9 sq mi
ZIP Area
2,203
Density / Sq Mi
$121,242
Median Household Income
$66,460
Median Earnings
$1,537
Median Rent
$594,900
Median Home Value
Market
Lease Benchmarks for Cary, NC
$26.86 /SF/Yr
Avg Asking Price
$15–$37 /SF/Yr
Price Range
18,962 SF
Avg Space Size
This space is priced 10% above the average of $26.86 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - 207,000 SF mixed-use center with shopping and greenspace.
Where is this office units located?
The property is located at 575 New Waverly Place Cary, NC.
What is the lease rate?
The lease rate is $29.50 SF/Yr.
What are key features of this property?
This property features: Mixed‑use lifestyle center with open‑air shopping.; Anchored by Whole Foods.; Convenient Cary location.
