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Class A Office Building
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1225 Crescent Green, Cary, NC 27518

Three-story Class A office building in Cary's Crescent business park.

Space SizeContact for details
Property Size109,000 SF
Days on Market1068

Property Features for 1225 Crescent Green

General Information

Standard status Active
Size 109,000 SF
Class A
Total Parking Spaces 772
Property subtype Office
Lease Type Full Service

Building Details

Building Size 109,000 SF
Year Built 2001
Tenancy Multiple

Spaces For Lease

at 1225 Crescent Green Contact us

120 & 130

Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Entire Third Floor Suite 300

Type
Office
Lease Type
Full Service
Availability
Active
Contact us

2nd Floor

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Capital Associates
Listed By: Bret Muller · License #NC 173332
Source: Crexi
Added: Sep 19, 2023 Changed: Aug 8 Last Checked: Aug 20 at 6:55PM

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.

Crescent Lakeside I is a 109,000 square foot, three-story, brick and glass Class A office building. The property features a beautifully landscaped plaza with outdoor seating. On-site amenities include vending and express mail drop. A fitness center and showers are located in Crescent Lakeside II. Four parking spaces are available per 1,000 square feet, including a substantial amount of covered parking spaces. The Crescent buildings are located within the Crescent multi-use business park in Cary, south of Tryon Road and nestled between Kildaire Farm Road and Regency Parkway. The Crescent community offers shopping, banking, hotels, restaurants, a lifetime fitness facility, and a range of housing options all within a one-mile radius. It has easy access to Wake Med Cary Hospital and US Highways 1 and 64, connecting within minutes to Interstates 40, 440, and 540.

Key Highlights

  • Class A office building in the highly appealing Crescent multi‑use business park.
  • Excellent location with easy access to US Highways 1 and 64, Interstates 40, 440, and 540.
  • Four parking spaces per 1,000 SF, including substantial covered parking.

Property Analytics

Current Use

BlueAlly Technology Solutions Information Services Crescent Lakeside Real Estate Agency BlueAlly Corporate Office PrecisionLender (Bike/Boat/Book/etc) Store R & M Computer ... IT Consulting Firm

Suggested Use

Top Pick Electrical Service Daycare Center Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.54 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,259
Businesses Nearby

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

$29.5 /SF/Yr
Avg Asking Price
$25.5–$40.5 /SF/Yr
Price Range
59,454 SF
Avg Space Size

This space is priced 3% above the average of $29.5 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Three-story Class A office building in Cary's Crescent business park.
Where is this office building located?
The property is located at 1225 Crescent Green Cary, NC.
What is the lease rate?
The lease rate is $30.25 SF/Yr.
What are key features of this property?
This property features: Class A office building in the highly appealing Crescent multi‑use business park.; Excellent location with easy access to US Highways 1 and 64, Interstates 40, 440, and 540.; Four parking spaces per 1,000 SF, including substantial covered parking.
(919) 233-9901 Call to check price and availability
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