1376-1380 NW Maynard Rd - Auto Repair FOR SALE


$3,052,096 USD
919-576-2501
1376-1380 NW Maynard Rd, Cary, NC for Sale
$3,052,096 USD
Auto Repair - FOR SALE
1/4
null | 6.2% Cap Rate

1376-1380 NW Maynard Rd
Cary, NC 27513
Outlying North Cary/Morrisville


HIGHLIGHTS

  • 7,485 SF freestanding building with 8 bays and 7 lifts — a well-improved, high-capacity automotive service facility
  • NNN lease through 2033 with 3% annual escalations — ~7 years remaining plus three 5-year renewal options
  • Established infill location on NW Maynard Road — ±21,000 VPD along one of Cary's primary commercial corridors
  • PE-backed tenant platform — Atlantic Tire operates within Goodturn Tire & Auto (~70 locations / ~35 brands)
  • E-commerce-resistant, essential-service use — needs-based automotive service insulated from online retail
  • Affluent Cary demographics — average household incomes above $150K within 3 miles in one of the nation's highest-income, fastest-growing markets

OVERVIEW

A 7,485 SF automotive service facility on a 1.14-acre infill parcel, generating $189,230 in base rent effective July 17, 2026 ($25.28/SF). The asset is priced at $3,052,096, reflecting a 6.20% CAP rate, with 3% annual escalations driving consistent income growth across the remaining lease term. The site benefits from an established operating history at a mature, high-visibility location within Cary’s inner commercial ring. The property fronts NW Maynard Road, one of Cary’s primary semi-circular commercial corridors connecting the town’s densest residential and retail nodes, with approximately 21,000 vehicles per day. The immediate trade area is anchored by affluent, well-established neighborhoods and steady daily traffic, and Cary consistently ranks among North Carolina’s highest-income and fastest-growing communities. Its central position offers convenient access to US 1/64, Cary Parkway, and the broader Triangle commuter network.

FOR SALE DETAILS

PRICE

$3,052,096 USD

PRICE/SF

$507 USD /SF

CAP RATE

6.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

CROSS STREETS

High House Rd

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

GCCU

APN/PARCEL ID

0754.19-61-5675-000

ASK ABOUT THIS PROPERTY

Moss WithersLee & AssociatesMore Info
919-576-2501

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Moss WithersLee & AssociatesMore Info
919-576-2501

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