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Property profile & analytics
OFF-MARKET
Office Spaces

160 Macgregor Pines Dr Cary, NC 27511

1,295 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 1,295-square-foot medical office space located at 160 MacGregor Pines Drive, Suite 110, Cary, North Carolina, 27511. Currently leased under a triple-net (NNN) lease, the property offers a strong return with a lease expiration date of October 30, 2025, and a five-year renewal option. The well-maintained suite boasts a functional layout, perfectly suited for medical practices. Features include two private offices, two exam rooms equipped with sinks, multiple lab areas, and a welcoming reception lobby. The property's prime location in Cary provides convenient access to US-1 and Highway 64, placing it within easy reach of MacGregor Village's diverse dining and retail amenities. This combination of a strong tenant, desirable location, and lease terms makes this a compelling investment opportunity in a thriving North Carolina market. The asking price for this turnkey medical office is $576,275. The property is situated in Wake County and offers immediate income potential for the discerning investor. This is a rare chance to acquire a well-established medical office space in a high-demand area.

Property profile
Verified
Property type Office Spaces
Total area 1,295 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
  • Venus Spa Alternative Medicine Practice Spa & Massage Center
  • Dr. Andrew Chang Physician Medical Clinic
  • Associated Urologists of North Carolina, PA Physician Medical Clinic
  • Owen Family Chiropractic Alternative Medicine Practice
  • Sarah Ann Stout Physician
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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