Property summary
This exceptional 7,703 square foot retail strip center is ideally situated at 951 High House Road in Cary, North Carolina, within the desirable Preston Corners area. Boasting a prominent location near the intersection of High House Road and SW Cary Parkway, this property offers excellent visibility and accessibility. The center features a multiple-tenancy configuration with one currently available space totaling 2,665 square feet. The building benefits from a double storefront entry with ample glass, maximizing natural light and showcasing tenant spaces. The property includes 38 convenient parking spaces for customers and employees. The HVAC system has been upgraded, featuring two 4-ton units ensuring efficient climate control. This well-maintained property has a history of long-term tenancy, with an average exceeding 20 years, demonstrating its appeal and stability. The property sits on a 1.16-acre lot and is zoned for retail use in Wake County. The lease rate is $30.00 per square foot, NNN, plus $7.05 per square foot for TICAM. This presents a compelling investment opportunity in a thriving Cary market.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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