1605 Maynard Rd, Cary, NC 27513-8701
- Retail space
- 19,094 SF
- 3.25 lot acres
Current Use by Public Records
- Gutters Cary NC / Hardware & Home Improvement / General Contractor
- Ruff Housing Cary / Pet Grooming Service
- Chapman Corp / Hardware & Home Improvement / Home Appliance Store
Property Details for 1605 Maynard Rd
- Year built
- 2002
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.25 lot acres
- Zone code
- I
- Property type
- Retail space
- APN
- 0754.15-73-4970 0221869
- APU
- 754157349700221869
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 28, 2025 | $3,755,000 | Swift Investments LLC | Scf Rc Funding IV LLC | Special Warranty Deed | — |
| Nov 30, 2021 | — | Destination Pet LLC | Scf Rc Funding IV LLC | Lease | — |
| Nov 10, 2021 | $3,799,500 | Scf Rc Funding IV LLC | P4f Cary LLC | Special Warranty Deed | — |
| Dec 30, 2020 | — | P4f-cary LLC | — | Deed · related | $1.1M · Southern First Bk NA |
| Feb 18, 2020 | $3,190,000 | P4f-cary LLC | Rondy R Mckee | Grant Deed | $3.5M · Southern First Bk NA |
| Jun 13, 2017 | — | Rondy R Mckee | Baekho Buildings LLC | Quit Claim Deed · related | $1.3M · First Tn Bk |
| May 14, 2012 | — | Baekho Buildings LLC | Mckee,rondy R | Warranty Deed | $1.5M · Trustatlantic Bank |
| Jun 18, 2010 | — | Rondy Chang | Cole Creek Associates LLC | Grant Deed · related | — |
| Jun 4, 2009 | — | Rondy Chang | Chang,dohyun & Rondy | Quit Claim Deed · related | — |
| — | — | Rondy R Mckee-chang | — | Deed Of Trust · related | $827k · Self-help Ventures Fund |
| — | — | Rondy R Mckee | — | Deed Of Trust · related | $240k · Trustatlantic Bank |
| — | — | Rondy R Mckee | — | Deed Of Trust · related | $661k · Trustatlantic Bank |
| — | — | P4f-cary LLC | — | Deed Of Trust · related | $1.1M · Southern First Bk NA |
| — | — | Rondy M Chang | — | Deed Of Trust · related | $325k · Branch Banking & Trust Co |
Description
Exceptional investment opportunity: a 19,227 square foot, state-of-the-art pet daycare facility in Cary, NC. This property boasts a strong 7.00% cap rate and a substantial net operating income (NOI) of $265,931. The property is situated on a 3.25-acre lot at 1605 NW Maynard Rd, 27513, in a dense retail corridor with national tenants, ensuring high visibility and accessibility. The current lease, with Destination Pet, a leading pet care provider, is an absolute NNN lease with a remaining term of 12 years, extending to November 30, 2036, and includes 10% rent bumps every five years. Built in 2002 and renovated in 2020, the facility is in excellent condition. The location benefits from high-density and growth demographics, and is conveniently located within approximately one mile of Prestonwood Country Club, a PGA Tour host. This recession-resistant property offers a secure, long-term investment with significant upside potential. Lease options include three 5-year extensions. The asking price is $3,800,000, translating to a price per square foot of $197.64. The property experiences over 152,000 vehicles per day.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Cary
- County
- Wake
- State
- North Carolina
- Longitude
- -78.8061
- Latitude
- 35.7939
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
