160 MacGregor Pines Dr - Medical CONDO FOR SALE


Cary, NC 27511
$2,000,000 USD
919-604-2137
160 MacGregor Pines Dr, Cary, NC for Sale
$2,000,000 USD
Medical CONDO - FOR SALE
1/20
null | 6.06% Cap Rate

160 MacGregor Pines Dr
Cary, NC 27511


HIGHLIGHTS

  • Located near local amenities.
  • Situated near signalized intersection.

OVERVIEW

RCR is pleased to present this well-located medical-office sale-leaseback investment opportunity in Cary, North Carolina, one of the Triangle’s most established and highly sought-after submarkets. The property is located within a well-known area off main thoroughfare US-64, with convenient access to US-1, I-40, and the Cary/Apex/RTP corridor. The condominium is located within a 33,354 SF medical office building neighboring a wide mix of restaurants, retail, and residential developments. The opportunity allows an investor to acquire a stabilized medical office asset with a long term, established tenant in place while maintaining limited landlord responsibilities. Cary’s strong demographics, proximity to major employment centers, and continued demand for office and medical office space support long-term value and tenant durability, making this an attractive investment in a core Triangle location.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$528 USD /SF

CAP RATE

6.06%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MacGregor Medical Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

33,354 SF

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

114

LAND DETAILS

LAND ACRES

2.72 AC

LAND SF

118,483 SF

ZONING

OIP

APN/PARCEL ID

0752.10-45-1619-000,0752.10-45-1619-003,0752.10-45-1619-010

ASK ABOUT THIS PROPERTY

Sam DiFranco CCIM, SIORRich Commercial RealtyMore Info
919-604-2137

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Sam DiFranco CCIM, SIORRich Commercial RealtyMore Info
919-604-2137

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