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    2011 Walnut St Cary, NC 27518

    Sponsored
    For Lease
    Contact for pricing

    High-visibility retail space in Cary, NC.

    Lot size:
    33,490 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 2011 Walnut St in Cary, North Carolina (zip code 27518), presents a significant opportunity for retail businesses. The property boasts a total building area of 33,490 square feet, with 30,120 square feet currently vacant, offering substantial space for a single tenant. Built in 1995, the building is situated in Wake County and benefits from a prime street retail location, ensuring high visibility and accessibility. Ample parking is available with 123 spaces provided for customers and employees. The property is classified as both retail and land, offering flexibility for potential development or expansion. The single-tenant occupancy allows for a streamlined management approach. This property is ideal for a business seeking a prominent location in a thriving Cary market. Its size and parking capacity make it suitable for a variety of retail concepts. The significant vacant space presents a unique opportunity for a business to establish a substantial presence in a desirable area. The property's location in Wake County, North Carolina, offers access to a strong local economy and a large consumer base. This is a rare opportunity to acquire a substantial retail space in a prime Cary location.

    Property Features for 2011 Walnut St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,490 SF

    Building Details

    Year Built
    1995

    Unit(s) available at that property

    Space
    Unit 2011
    Size
    30,120 SF

    HighLights

    • Free‑standing building available for lease in Cary, NC.
    • High‑visibility location directly across from Target.
    • Adjacent to Cary Crossroads Shopping Center.
    • Features a convenient loading dock.
    • Ample parking with 123 spaces, including 4 handicap‑accessible spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Depot Print ... Copy Shop Office Depot Tech ... Computer Support And Services FedEx ShipSite Mailing Service Office Depot Office Supply Store

    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
    -78.7403889
    Latitude
    35.7587062

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    FAQs

    What type of property is this?
    Individual retail property - High-visibility retail space in Cary, NC.
    Where is this individual retail property located?
    The property is located at 2011 Walnut St Cary, NC.
    What are key features of this property?
    This property features: Free-standing building available for lease in Cary, NC.; High-visibility location directly across from Target.; Adjacent to Cary Crossroads Shopping Center.
    Request Owner's contact information
    2011 Walnut St Cary, NC 27518
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    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
    2011 Walnut St Cary, NC 27518
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