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Medical Office Space Available
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1505 SW Cary Parkway, Cary, NC 27511

Three-story medical office building with diverse tenant mix.

Space Size1,078 SF - 1,590 SF
Property Size63,554 SF
Days on Market1192

Property Features for 1505 SW Cary Parkway

General Information

Standard status Active
Size 1,078 SF - 1,590 SF
Property subtype Office

Building Details

Building Size 63,554 SF
Year Built 2003
Tenancy Multiple

Spaces For Lease

at 1505 SW Cary Parkway Contact us

Third Floor Suite 307

Size
1,078 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Third Floor Suite 308

Size
1,590 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Capital Associates
Listed By: Bret Muller · License #NC 173332
Source: Crexi
Added: May 18, 2023 Changed: Aug 10 Last Checked: Aug 10 at 12:58PM

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.

The Rex Cary Medical Office is a three-story medical office building totaling 63,554 square feet. It is anchored by Rex Surgery Center and features a covered drop-off area for patients. Other tenants include Raleigh Endoscopy Center-Cary, North Carolina Heart & Vascular, Raleigh ENT Head and Neck Surgery, and Caroline Foot & Ankle Specialists.

Key Highlights

  • Anchored by Rex Surgery Center
  • Three‑story medical office building totaling 63,554 square feet
  • Covered drop‑off for patients

Property Analytics

Current Use

Foley Orthodontics Dental Office North Carolina Surgery ... Medical Clinic Raleigh Endoscopy Center ... Medical Clinic REX Surgery Center ... Medical Clinic Tjalma Jamie L Physician

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Hair Salon Nail Salon Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby
Balanced
Demand for This Use

Demographics for 27511, NC

32,786
Population
14,359
Households
2.3
Avg Household Size
42
Median Age
58%
College-Educated
93%
High-School Grad
11.7 sq mi
ZIP Area
2,802
Density / Sq Mi
$104,072
Median Household Income
$50,778
Median Earnings
$1,436
Median Rent
$416,600
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Three-story medical office building with diverse tenant mix.
Where is this medical office space located?
The property is located at 1505 SW Cary Parkway Cary, NC.
What are key features of this property?
This property features: Anchored by Rex Surgery Center; Three‑story medical office building totaling 63,554 square feet; Covered drop‑off for patients
(919) 233-9901 Call to check price and availability
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