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    1085 Fenton Gtwy Dr Cary, NC 27511

    Sponsored
    For Lease
    Contact for pricing

    High-traffic Cary location, pad-ready site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail pad sublease opportunity is located within Fenton, Cary's first vertically integrated mixed-use destination. The site offers a flexible footprint of up to 102,000 square feet, delivered pad-ready for immediate occupancy. Its strategic position benefits from high visibility and accessibility, situated between Interstate 40 (132,000 Average Annual Daily Traffic) and Maynard Road (16,500 AADT). Maynard Road serves as Cary's 8.54-mile ring road, ensuring excellent connectivity and exposure to a substantial customer base. The property is designated as a single-tenant retail pad in Wake County, North Carolina. This presents a unique chance to establish a prominent presence within a thriving, dynamic mixed-use development, benefiting from the synergy and foot traffic generated by Fenton's diverse offerings. The substantial traffic counts on both I-40 and Maynard Road guarantee significant visibility and accessibility for your business. The pad-ready condition allows for a swift and efficient setup, minimizing downtime and maximizing your return on investment. This is an unparalleled opportunity to secure a prime retail location in one of Cary's most sought-after developments.

    Property Features for 1085 Fenton Gtwy Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • Land parcel available for sublease, suitable for up to 102,000 square feet of retail development.
    • Pad‑ready site, strategically located between I‑40 (132,000 AADT) and Maynard Road (16,500 AADT) in Wake County.
    • Located on Cary's Maynard Road, an 8.54‑mile ring road.
    • Part of Fenton, Cary's first vertically integrated mixed‑use development.
    • Single‑tenant retail pad.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7580205
    Latitude
    35.7790737

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    FAQs

    What type of property is this?
    Land - High-traffic Cary location, pad-ready site.
    Where is this land located?
    The property is located at 1085 Fenton Gtwy Dr Cary, NC.
    What are key features of this property?
    This property features: Land parcel available for sublease, suitable for up to 102,000 square feet of retail development.; Pad-ready site, strategically located between I-40 (132,000 AADT) and Maynard Road (16,500 AADT) in Wake County.; Located on Cary's Maynard Road, an 8.54-mile ring road.
    Request Owner's contact information
    1085 Fenton Gtwy Dr Cary, NC 27511
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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
    1085 Fenton Gtwy Dr Cary, NC 27511
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