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Property profile & analytics
OFF-MARKET
Office Spaces

105 Cary Pkwy Cary, NC 27511

15,512 SF Built 1999
Property ID
Property summary
AI-generated overview

This exceptional medical office building, Cary Medical Pavilion II, offers a prime opportunity for healthcare professionals seeking a well-appointed space in a thriving location. The building, constructed in 1999 and extensively renovated in 2019-2020, boasts a total of 15,512 square feet spread across three stories. Currently, there is space available ranging from 3,400 to 6,908 square feet, with a minimum divisible space of 6,676 square feet and a maximum contiguous space of 6,676 square feet. The building is classified as Class B and is situated at 105 SW Cary Parkway, a prominent intersection between Downtown Cary and the intersection of US-1/64 and Tryon Road, offering excellent visibility and high traffic counts of approximately 28,000 vehicles per day. Its strategic location provides easy access to WakeMed Cary Hospital and is surrounded by abundant amenities, including the Shoppes of Kildaire and Saltbox Village shopping centers, conveniently located across Kildaire Farm Road. The zoning for the property is OI, making it ideally suited for medical office use. This is a rare opportunity to secure space in a recently renovated, well-maintained building within one of the Triangle market's most dynamic areas, offering a blend of modern amenities and a highly desirable location.

Property profile
Verified
Property type Office Spaces
Year built 1999
Total area 15,512 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cary Medical & Pro Center Medical Clinic
  • Wake Ophthalmology Medical Clinic Ophthalmologist
  • Dr. Robert T. Stone Jr, MD Ophthalmologist
  • Ward John T MD Ophthalmologist
  • Dr. Christopher S. Rusinek, MD Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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