100 Connemara Dr - Office FOR SALE


$4,250,000 USD
919-730-6584
100 Connemara Dr, Cary, NC for Sale
$4,250,000 USD
Office - FOR SALE
1/16
null | 7.76% Cap Rate


OVERVIEW

100 Connemara Drive is a fully leased Class A office building located in west Cary with frontage on NC 55 Highway and located less than 2 miles from NC 540 and approximately 15 minutes from Research Triangle Park. Two-story brick and steel Class A office building 14,926 SF total Major tenant is Howard Perry & Walston Realty, with 13 office locations in the Triangle area Tenants: Howard, Perry & Walston Realty, 11,574 RSF (entire 2nd floor and partial 1st floor). LED: 5/31/28 Best Physical Therapy, 1,522 RSF, LED: 8/31/29 Setleff Law & Scott Beasley, 1,700 RSF, LED: 8/31/29 High-end finishes with modern detailing Abundant natural light and strong glass lines Commanding street presence along Highway 55 Excellent visibility and access in a high-traffic area Convenient proximity to I-540 and nearby retail amenities Ample surface parking at a ratio of 3.7/1,000 RSF

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$287 USD /SF

CAP RATE

7.76%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,832 SF

ZONING

GCCU

APN/PARCEL ID

0734.04-83-5370-000

ASK ABOUT THIS PROPERTY

Brian Farmer, SIORLee & AssociatesMore Info
919-730-6584

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Brian Farmer, SIORLee & AssociatesMore Info
919-730-6584

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.