Unanchored Shopping
702 Slash Pine Dr, Cary, NC 27519
For Sale
Contact for pricing
The property is an unanchored retail center in Cary.
Property Size23,058 SF
Days on Market34
Property Features for 702 Slash Pine Dr
General Information
Standard status
Size
Property subtype
Listing Agency:
CBRE Charlotte
Listed By:
Erin Varol · License #NC 280805
Source:
Crexi
Added: Oct 7
Changed: Nov 8
Last Checked: Nov 8 at 5:13PM
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 CBRE Charlotte
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Investment Insights
Based on property information with market context.
Village at Amberly Square is a 23,058-square-foot unanchored retail property at 702 Slash Pine Dr in Cary, North Carolina. Its rent schedule includes 43% of gross leasable area scheduled to roll within a five-year hold period, with no fixed options; those leases average approximately 17% below current market rents.
The surrounding area includes SAS Institute and Research Triangle Park, which is home to more than 300 companies and 65,000 workers. Apple has proposed a $1 billion campus at RTP, with a target of more than 3,000 jobs.
The surrounding area includes SAS Institute and Research Triangle Park, which is home to more than 300 companies and 65,000 workers. Apple has proposed a $1 billion campus at RTP, with a target of more than 3,000 jobs.
Key Highlights
- 23,058 SF unanchored retail center
- 43% of GLA scheduled to roll within a five‑year hold period, with no fixed options
- Rolling leases average approximately 17% below current market rents
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,109
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
BP
Shops & Services
6,515 visits/mo
0.4 miles
BP
Shops & Services
3,963 visits/mo
0.5 miles
U-Haul
Shops & Services
1,054 visits/mo
0.5 miles
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
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- The Center — 111 &, 121 E Chatham St, Cary, NC 27511
- Shoppes on Harrison — 329 N Harrison Ave, Cary, NC 27513
Frequently Asked Questions
What type of property is this?
Shopping center - The property is an unanchored retail center in Cary.
Where is this shopping center located?
The property is located at 702 Slash Pine Dr Cary, NC.
What are key features of this property?
This property features: 23,058 SF unanchored retail center; 43% of GLA scheduled to roll within a five‑year hold period, with no fixed options; Rolling leases average approximately 17% below current market rents
