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    400 Ashville Ave Cary, NC 27518

    Sponsored
    For Lease
    $34 SF/Yr

    Prime Cary location, 3 suites available, ample parking.

    Lot size:
    30,492 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    Triangle Medical Center, located at 400 Ashville Ave in Cary, NC 27518, offers a unique opportunity to lease medical office space in a thriving Wake County location. This three-story building, constructed in 1995, totals 30,492 square feet and features three individual suites. Currently, 6,367 square feet of space is available for lease, with individual suites ranging from a minimum of 1,421 square feet to a maximum contiguous space of 3,351 square feet. The building boasts ample parking, including both covered and surface options, providing convenient access for patients and staff. Its strategic location within Cary's medical district places it less than half a mile from WakeMed Cary Hospital and within a five-minute drive of the Waverly Place Shopping Center. This prime location offers exceptional convenience for both patients and employees, with numerous nearby dining and retail establishments. The building presents a fantastic opportunity for medical practices seeking a well-established and easily accessible location in a vibrant community. Interested parties should inquire about lease terms and availability for the available suites.

    Property Features for 400 Ashville Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,492 SF
    Total Rate
    87664.5

    Building Details

    Year Built
    1995
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 360
    Size
    1,595 SF
    Rate per SF
    $34
    Space
    Suite 300
    Size
    3,351 SF
    Rate per SF
    $34
    Space
    Suite 315
    Size
    1,421 SF
    Rate per SF
    $34

    HighLights

    • New flooring throughout.
    • Abundant parking with covered and uncovered spaces.
    • Modernized elevator.
    • Abundant natural light.
    • Flexible suite sizes available.
    • Excellent access to numerous nearby amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fleming Christopher MD Ophthalmologist Dr. Sameh K. ... Fertility Physician Arthritis Knee Pain ... Medical Center Thomas M Howard, ... Sports Medicine Physician Care Pediatrics Pediatrician

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7866267
    Latitude
    35.7375177

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    FAQs

    What type of property is this?
    Medical office - Prime Cary location, 3 suites available, ample parking.
    Where is this medical office located?
    The property is located at 400 Ashville Ave Cary, NC.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: New flooring throughout.; Abundant parking with covered and uncovered spaces.; Modernized elevator.
    Request Owner's contact information
    400 Ashville Ave Cary, NC 27518
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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
    400 Ashville Ave Cary, NC 27518
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