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Property profile & analytics
FOR LEASE
Office buildings

8000 Regency Pkwy Cary, NC 27518

144,998 SF 10.65 ac lot Built 1983
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US53-1544945
8000 Regency Pkwy, Cary, NC 27518 For Lease
$15 SF/Yr 10,627 SF available
8000 Regency Pkwy, Cary, NC 27518
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Property summary
AI-generated overview

This exceptional 7,135-square-foot Class A office space is available for sublease at 8000 Regency Parkway, Suite 675, in Cary, North Carolina (Wake County, zip code 27518). The property boasts a unique "treehouse" design, featuring abundant natural light from large windows offering tranquil views of trees and a nearby lake. The space is ideal for businesses seeking a productive and inspiring work environment. The layout includes a mix of private offices, collaborative open work areas, multiple conference rooms, a fully equipped kitchen, and a welcoming reception/lobby area. Located within the Regency Park complex, tenants enjoy convenient access to a fitness center, café, and shared conference facilities. The location also provides easy access to outdoor amenities, including walking and biking trails surrounding Symphony Lake and the Koka Booth Amphitheatre. This sublease opportunity presents a rare chance to secure a high-quality, well-appointed office space in a desirable Cary location. The property is categorized as both Executive and Creative Office space, and the entire 7,135 square feet is currently vacant.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1983
Total area 144,998 SF
Lot 10.65 ac (463,914 SF)
Zoning code OIP
APN 0762.17-10-4644 0124215
UPID US53-1544945
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
  • Cprime Corporate Office
  • DRMP, Inc. Engineering Consultant
  • Oasys Mobile Inc Mobile Phone Store Electronics & Wireless Store
  • Consolidated Electrical Distribution Building Supply Electrical Service
  • Belbien Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$41.85M
Comparable Approach Comparable
$31.26M
Blend (final) Blend
$32.46M
Owner & transaction history
Alidade Regency 8000 LLC · 8 yrs held
Alidade Regency 8000 LLC
since 2017
7 recorded transactions
2021
Price N/A
2020
Price N/A
2020
Price N/A
2019
Price N/A
2017
$20.0M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
OIP · Cary, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source 4.4.2 Mixed Use Overlay
Top alternative use upside
Medical building $50.0M +29.1%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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