Retail Business for Sale in Cary, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Cary, NC 27519

Description

Big Blue Marble Academy provides a globally inspired, nurturing early education environment designed to support children during their most formative years, beginning in infancy. Cary is a town in Wake, Chatham, and Durham counties in the U.S. state of North Carolina and is part of the Raleigh-Cary metropolitan area. Investment Highlights: • Fourteen Years Remaining on Absolute Triple-Net (NNN) Lease with 2 Percent Annual Rental Increases and Multiple Renewal Options • Strong Corporate Guaranty from Big Blue Marble Academy Holdings, LLC, Encompassing the Tenant's 93 Plus Locations Nationwide • Approximately 11 Feeder Elementary Schools within a Five-Mile Radius • Population in the Immediate Area is Projected to Increase More Than 8 Percent by 2030 • Over 147,000 Residents in a Five-Mile Radius • Average Household Income Exceeds $200,000 in the Immediate Surrounding Area • Immediate Access to Western Wake Fwy (SR-540) • Located in the Center of the Research Triangle, a High-growth Region in North Carolina Defined by Three Cities and their Universities: Raleigh (NC State), Durham (Duke), and Chapel Hill (UNC)

Market Context

This retail in Cary, NC is listed for sale. It is offered at an approximate 6.3% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Cary, NC — <a href="/search/sale/retail/north-carolina/cary">view the full market</a>.

As of Q1 2025, the Raleigh retail market showed a 21.0% vacancy rate, average asking rents near $38.19/SF/yr, rents up 3.1% year over year, and cap rates around 5.9%. Source: Consensus Q1 2025 market report.

Its 6.3% asking cap rate is above the Raleigh retail market average of about 5.9%, implying a higher yield (and typically more risk or upside) than comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Raleigh?
About 5.9% as of Q1 2025, per Consensus.
Is the Raleigh retail market tightening or softening?
Vacancy is around 21.0%, with asking rents rising year over year (Q1 2025).

Unified Estimate

Very Low Confidence

$29.95/SF – $40.51/SF

Mid: $35.23/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market richmond (similarity: 100%) with 7 comparable listings.

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