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    352 Walker St Cary, NC 27511

    Sponsored
    For Lease
    $32 SF/Yr

    High-traffic Cary retail, 5,908 SF available

    Lot size:
    102,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Walker, located at 352 S Walker St in Cary, NC 27511, offers a prime retail opportunity in the heart of historic downtown. This multi-tenant property boasts a total of 102,000 square feet, with 5,908 square feet currently available for lease. Situated in Wake County, the property enjoys exceptional visibility and accessibility, being adjacent to Cary's seven-acre park and library, and within the town's new social district. This vibrant location offers immediate proximity to a variety of local amenities, including restaurants, bakeries, parks, and art venues, ensuring high foot traffic and strong potential for business success. The Walker is part of a larger development that includes 158 luxury residential units, further enhancing the area's appeal and providing a built-in customer base. Its strategic location offers easy access to both Raleigh and Durham, placing it within a short commute of a significant population base. Furthermore, the property's proximity to Research Triangle Park and Raleigh-Durham International Airport provides convenient access for both local and regional clientele. This exceptional retail space presents a unique opportunity to establish a thriving business in a thriving community. The available space is 5,908 square feet, offering ample room for a variety of retail concepts.

    Property Features for 352 Walker St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    102,000 SF
    Total Rate
    272000

    Unit(s) available at that property

    Space
    Suite 123
    Size
    5,908 SF
    Rate per SF
    $32

    HighLights

    • 5,908 SF of retail space available for lease at a prime corner location in downtown Cary, NC.
    • Building signage opportunities available.
    • Direct access to ample parking in an adjacent deck.
    • Adjacent to a new seven‑acre downtown park.
    • Located within the Downtown Cary Park Social District.
    • Walkable to numerous amenities including a park, art center, library, and various restaurants and shops.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -78.7792147
    Latitude
    35.7834181

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    FAQs

    What type of property is this?
    Retail property - High-traffic Cary retail, 5,908 SF available
    Where is this retail property located?
    The property is located at 352 Walker St Cary, NC.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: 5,908 SF of retail space available for lease at a prime corner location in downtown Cary, NC.; Building signage opportunities available.; Direct access to ample parking in an adjacent deck.
    Request Owner's contact information
    352 Walker St Cary, NC 27511
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    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
    352 Walker St Cary, NC 27511
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