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    105 Cary Pkwy Cary, NC 27511

    Sponsored
    For Lease
    $21 SF/Yr

    Modern medical office suites in prime Cary location.

    Lot size:
    15,512 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional medical office building, Cary Medical Pavilion II, offers a prime opportunity for healthcare professionals seeking a well-appointed space in a thriving location. The building, constructed in 1999 and extensively renovated in 2019-2020, boasts a total of 15,512 square feet spread across three stories. Currently, there is space available ranging from 3,400 to 6,908 square feet, with a minimum divisible space of 6,676 square feet and a maximum contiguous space of 6,676 square feet. The building is classified as Class B and is situated at 105 SW Cary Parkway, a prominent intersection between Downtown Cary and the intersection of US-1/64 and Tryon Road, offering excellent visibility and high traffic counts of approximately 28,000 vehicles per day. Its strategic location provides easy access to WakeMed Cary Hospital and is surrounded by abundant amenities, including the Shoppes of Kildaire and Saltbox Village shopping centers, conveniently located across Kildaire Farm Road. The zoning for the property is OI, making it ideally suited for medical office use. This is a rare opportunity to secure space in a recently renovated, well-maintained building within one of the Triangle market's most dynamic areas, offering a blend of modern amenities and a highly desirable location.

    Property Features for 105 Cary Pkwy

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,512 SF
    Class
    B
    Total Rate
    27146

    Building Details

    Year Built/Renovated
    1999/2020
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 300
    Size
    6,908 SF
    Rate per SF
    $21

    HighLights

    • 15,512 SF medical office building with multiple tenants.
    • 6,676 SF minimum divisible space, with a maximum contiguous space of 6,676 SF.
    • Class B building, constructed in 1999 and renovated in 2020.
    • Three‑story building located at 105 SW Cary Parkway, Cary, NC, near Kildaire Farm Rd, with OI zoning.
    • One suite available, ranging from 3,400 to 6,908 SF.
    • High visibility location with approximately 28,000 vehicles per day (VPD).
    Property Profile Location Intelligence

    Current Use by Public Records

    Cary Medical & Pro ... Medical Center Wake Ophthalmology Ophthalmology Clinic Dr. Robert T. ... Ophthalmologist Ward John T ... Ophthalmologist Dr. Christopher S. ... Ophthalmologist

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.784903082471
    Latitude
    35.757227846789

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    FAQs

    What type of property is this?
    Medical office - Modern medical office suites in prime Cary location.
    Where is this medical office located?
    The property is located at 105 Cary Pkwy Cary, NC.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 15,512 SF medical office building with multiple tenants.; 6,676 SF minimum divisible space, with a maximum contiguous space of 6,676 SF.; Class B building, constructed in 1999 and renovated in 2020.
    Request Owner's contact information
    105 Cary Pkwy Cary, NC 27511
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    Cary, NC 27511
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 Cary Pkwy Cary, NC 27511
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