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Asking Price Contact for pricing
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NOI Net Operating Income N/A
Cap Rate N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Property Description

PROMINENT ±1.34 ACRE ENTITLED CARY SITE - ACROSS FROM WEGMANS (OPENING AUGUST 2, 2020)

Investment Highlights

  • Jones Lang LaSalle, a North Carolina licensed real estate broker (“JLL”), is pleased
  • to offer for sale a unique 1.34-acre development opportunity with flexibility to
  • pursue several development options, such as office, retail, multifamily or medical
  • office. Ideally situated within the heart of Cary, NC and located adjacent to Twin
  • Lakes Center, a 126,000 SF Wegmans-anchored retail center with signalized
  • access, opening August 2, 2020. This attractive location has invaluable proximity
  • to the major employment hubs of Research Triangle Park (50,000+ employees –
  • 5 minutes) as well as Weston Parkway Corridor (10,000+ employees – 7 minutes).
  • The demographics in the area are exceptional with an average household
  • income of $130k+ and over 400 multifamily units under construction within ½
  • mile of the site. This rare opportunity is well-positioned for multiple types of
  • development in a luxurious submarket known for long term sustainability, highend
  • demographics, excellent access to employers, and walkability to desirable
  • lifestyle amenities.
Last Updated Date: 26 Jun 2020
Sarah Godwin
Sarah Godwin
Director, Capital Markets
License details
NC-270966 SC-108916
Hunter Barron
Hunter Barron
Senior Director, Capital Markets
License details
NC-259804 SC-96951

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Last Updated Date: 26 Jun 2020

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