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1616 Evans Rd Cary, NC 27513

OFF-MARKET Office Spaces Google Maps
14,000 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

1616 Evans Road in Cary, NC, presents a fantastic opportunity for businesses seeking executive office space. This Class B, two-story building boasts a total of 14,000 square feet, with 2,000 square feet currently available for lease. The property features a mixed-use designation, situated on a generous 100-acre lot in Wake County. The building offers ample parking, with a ratio of 3.93 spaces per 1,000 square feet. Its convenient location at the intersection of Evans Road and NW Cary Parkway provides easy access to a wealth of amenities. Just one mile from Park West Village, a vibrant 100-acre mixed-use development, tenants will enjoy proximity to upscale restaurants, shops, a cinema, and regular community events. This location offers a blend of professional convenience and lifestyle appeal, making it an ideal choice for businesses seeking a thriving and well-connected environment. The property's multiple tenancy structure allows for flexibility and potential for collaboration with other businesses. The available 2,000 square feet presents a unique opportunity to establish a presence in this desirable Cary location. The zip code is 27513.

Property profile

Verified
Property type Office Spaces
Total area 14,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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