951 High House Rd Cary, NC 27513
- Neighborhood centers
- 7,703 SF
Current Use by Public Records
- My Dry Cleaner dba Preston Cleaners / Dry Cleaner
Property Details for 951 High House Rd
- Property size
- 7,703 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cary
- County
- Wake
- State
- North Carolina
- Longitude
- -78.8284
- Latitude
- 35.7872
