Current Use by 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
Property Details for 160 Macgregor Pines Dr
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
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.
Value Estimations
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AI approach
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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
- -78.8176
- Latitude
- 35.7438
