Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    101 Cary Pkwy Cary, NC 27511

    Sponsored
    For Lease
    $21 SF/Yr

    Prime Cary location, renovated medical space

    Lot size:
    50,443 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A medical office building, part of the Cary Medical Pavilion, offers 50,443 square feet of renovated space. Built in 1986 and extensively renovated in 2020, the three-story building features multiple tenancy options, ranging from 1,051 square feet to a maximum contiguous space of 18,011 square feet. Currently, there are three available spaces, with first-floor options available. The building boasts convenient access to major thoroughfares, including a prominent intersection between Downtown Cary and US-1/64 and Tryon Road, resulting in high visibility and approximately 28,000 vehicles per day. Its strategic location near WakeMed Cary Hospital and established residential neighborhoods ensures a strong patient base. The property benefits from its proximity to abundant amenities, with the Shoppes of Kildaire and Saltbox Village shopping centers conveniently located across Kildaire Farm Rd. The building includes elevators and is zoned OI in Wake County. This is a rare opportunity to secure high-quality medical office space in a thriving Cary location. The minimum divisible space is 1,051 square feet.

    Property Features for 101 Cary Pkwy

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,443 SF
    Class
    A
    Total Rate
    88275.25

    Building Details

    Year Built/Renovated
    1986/2020
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 101
    Size
    18,011 SF
    Rate per SF
    $21
    Space
    Suite 202
    Size
    5,719 SF
    Rate per SF
    $21
    Space
    Suite 30
    Size
    2,722 SF
    Rate per SF
    $21

    HighLights

    • Class A medical office building totaling 50,443 square feet.
    • Multiple tenancy with spaces ranging from 1,051 to 18,011 contiguous square feet available.
    • Recently renovated in 2020 (originally built in 1986).
    • Located in Cary, Wake County, NC, at 101 SW Cary Parkway, near Kildaire Farm Rd, with excellent visibility and high traffic counts (approx. 28,000 VPD).
    • First‑floor space available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Win Bell, ... Dentist Dr. Thomas L. ... Dentist Dr. Samantha D. ... Pediatrician Christine Crews Physical Therapist Dr. Deborah W. ... Pediatrician

    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
    -78.784322
    Latitude
    35.7571321

    Nearby Similar for Lease

    • $3,889 /Mo
      2,074 SF

      Turnkey Executive Office Suite

      Pristine office suite in premium Cary location available immediately.
      1020 Southhill Dr, Cary, NC 27513
      View Details
    • $4,090 /Mo
      2,045 SF

      Turnkey Medical Office in Cary

      Premier Cary location, modern updates, and functional layout.
      3731 NW Cary Pkwy, Cary, NC 27513
      View Details
    • $425 /Mo
      400 SF

      Olde Cary Executive Office Suites

      Prime office spaces in a convenient, central Cary location.
      201 W Chatham St, Cary, NC 27511
      View Details
    • $26 SF/Yr
      34,740 SF

      Offices at Fenton: Premier Workspace

      Dynamic office spaces in a vibrant, mixed-use environment.
      301 Fenton Gtwy Dr, Cary, NC 27511
      View Details
    • $37 SF/Yr
      50,922 SF

      Offices at Fenton: Premier Workspace

      Modern office spaces in a vibrant, mixed-use development.
      25 Fenton Main St, Cary, NC 27511
      View Details
    • $40 SF/Yr
      124,188 SF

      Modern Office Space in Cary

      Office space in a dynamic mixed-use environment with superior access.
      Fenton — 1 Fenton Main, Cary, NC
      View Details
    • $1,700 /Mo
      1,251 SF

      Cary Condo with Vaulted Ceilings

      Quiet 2BR/2Bath condo in a convenient Cary location.
      2423 Wellington Ridge Loop, Cary, NC 27518
      View Details
    • Contact for pricing
      1,782 SF

      Historic Building in Downtown Cary

      Stand-alone 1,782 SF building on 0.43 acres in Downtown Cary.
      311 S Academy St, Cary, NC 27540
      View Details
    • $23 SF/Yr
      25,012 SF

      Class A Office Space Available

      Class A office space for lease near MacGregor Village.
      114 Edinburgh South Dr, Cary, NC 27511
      View Details
    • $27 SF/Yr
      18,678 SF

      Class A Office Suites Available

      First-floor suites for lease in desirable Cary location.
      5640 Dillard Dr, Cary, NC 27518
      View Details
    • Contact for pricing

      Retail Development in Cary, NC

      High-visibility retail spaces available in growing Cary location.
      Nc 55 & Highcroft Dr, Cary, NC 27519
      View Details
    • $1,995 /Mo

      Cary Home Near Top Schools

      2-bedroom home in desirable Cary neighborhood, near schools and amenities.
      1009 Remington Oaks Cir, Cary, NC 27519
      View Details

    FAQs

    What type of property is this?
    Medical office - Prime Cary location, renovated medical space
    Where is this medical office located?
    The property is located at 101 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: Class A medical office building totaling 50,443 square feet.; Multiple tenancy with spaces ranging from 1,051 to 18,011 contiguous square feet available.; Recently renovated in 2020 (originally built in 1986).
    Request Owner's contact information
    101 Cary Pkwy Cary, NC 27511
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 Cary Pkwy
    Cary, NC 27511
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    101 Cary Pkwy Cary, NC 27511
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.