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Property profile & analytics
OFF-MARKET
Neighborhood centers

1 & I-40 Us Hwy Cary, NC 27518

586,786 SF
Property ID
Property summary
AI-generated overview

Crossroads Plaza, a dominant power center in Cary, NC, presents an exceptional retail investment opportunity. This 586,786 square foot strip center, located at the high-traffic intersection of US Hwy 1 & I-40 in Wake County (zip code 27518), offers multiple tenancy options. Currently, there are five suites available, ranging from a minimum of 2,400 square feet to a maximum contiguous space of 43,015 square feet. A significant 54,080 square feet of vacant space provides immediate potential for expansion or new tenant acquisition. The property boasts ample parking with 4,040 spaces, ensuring convenient access for customers. This prime location within Crossroads Plaza guarantees high visibility and significant foot traffic, making it an ideal investment for businesses seeking a strong presence in a thriving Cary market. The property's strategic placement at the intersection of US Hwy 1 and I-40 provides unparalleled access and exposure to a large consumer base. This is a rare opportunity to secure space in one of Cary's most successful retail centers. Detailed lease terms and financial information are available upon request.

Property profile
Verified
Property type Neighborhood centers
Total area 586,786 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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