1400 Gathering Park Cir Cary, NC 27519
This exceptional 6,644 square foot Class A commercial property, located at 1400 Gathering Park Circle in the Carpenter Village submarket of Cary, NC, offers a unique opportunity for businesses seeking modern, versatile space. Built in 2024, this single-story building features three separate suites ranging from 724 to 2,904 contiguous square feet, allowing for flexibility to accommodate various needs. Currently, 2,904 square feet are vacant and ready for immediate occupancy. The property boasts a 12-foot ceiling height, ample parking with 19 spaces, and convenient access via Village View Ln. Zoned GC-Retail and Office, this location is ideal for retail, restaurant, or medical office uses. Cold shell delivery is expected by December 2024, allowing for customized build-outs. Interior build-out plans and permitting can commence concurrently with the construction timeline. Base rent and tenant improvement allowances are negotiable, depending on build-out requirements. The 0.54-acre lot is part of a new mixed-use development, offering excellent demographics within a rapidly growing Cary market in Wake County. The APN is 0745243130. Electric power is available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GCP · Cary, NCCary. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.