Office in Cary, NC
Price
Price on request
Price/Sq Ft
$26.50
Description
Mixed-Use Center in Busy Cary Corridor
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Financial Details
Market Context
As of Q1 2026, the Raleigh office market showed a 1.9% vacancy rate, and average asking rents near $5.00/SF/yr. Source: multiple brokerages Q1 2026 market report.
Projected current pricing
low confidenceModeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2025 Newmark data (cap rate 8.8%, asking rent trend-adjusted to today).
Tight vacancy keeps competition for quality space elevated.
Compare it against other office listings for lease in Cary, NC to benchmark pricing and space — view the full market.
Office market FAQ
- Is the Raleigh office market tightening or softening?
- Vacancy is around 1.9% (Q1 2026).
Unified Estimate
Very Low ConfidenceRate-first confidence-weighted blend with cost-of-business adjustment.
No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market richmond (similarity: 100%) with 5 comparable listings.
Lease Rate & Market Trend
2025 – 2025 · county sold comps + market trendsFIPS 37183
- Avg Rent ($/SF/mo) (market data)
- Vacancy %
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Assumptions
- Market comparison: office in cary, NC
More Office for Lease in Cary, NC(5)
Parkwest Two
cary, NC
Price on request
Cap Rate
N/A
Price/SF
25.0/sf
SF
N/A
1200 Crescent Green
cary, NC
Price on request
Cap Rate
N/A
Price/SF
28.5/sf
SF
N/A
Regency Forest I
cary, NC
Price on request
Cap Rate
N/A
Price/SF
25.5/sf
SF
N/A
Regency Forest III
cary, NC
Price on request
Cap Rate
N/A
Price/SF
26.0/sf
SF
N/A
Situs I
raleigh, NC
Price on request
Cap Rate
N/A
Price/SF
26.5/sf
SF
N/A
