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160 MacGregor Pines Dr
Cary, NC 27511
MacGregor Medical Center · Office Property For Sale · 33,354 SF

Investment Highlights

  • New 10-year lease signed at closing
  • Prime location in Cary, NC
  • NNN lease structure
  • Easy access to US-64 and US-1

Executive Summary

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.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 310A
  • 3,786 SF
  • Office/Medical
  • Upon Request
  • $170,909.12 CAD
Sale Type Investment
Cap Rate 6.06%
Description
This medical office condominium is located within a 33,354 SF medical office building (MacGregor Medical Center) 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.
Sale Notes
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.
Unit Unit Size Condo Use Price NOI
Unit 310A 3,786 SF Office/Medical Upon Request $170,909.12 CAD

Unit 310A

Unit Size
3,786 SF
Condo Use
Office/Medical
Price
Upon Request
NOI
$170,909.12 CAD

Unit 310A

Unit Size 3,786 SF
Condo Use Office/Medical
Price Upon Request
NOI $170,909.12 CAD
Sale Type Investment
Cap Rate 6.06%
Description
This medical office condominium is located within a 33,354 SF medical office building (MacGregor Medical Center) 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.</li></ul>
Sale Notes
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.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 33,354 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 3
Typical Floor Size 11,118 SF
Year Built 2008
Lot Size 2.72 AC
Parking Ratio 3.42/1,000 SF
Zoning OIP - Medial/Office Institutional Park

Amenities

  • 24 Hour Access
  • Central Heating
  • Listing ID: 39570845

  • Date on Market: 2026-02-25

  • Last Updated:

  • Address: 160 MacGregor Pines Dr, Cary, NC 27511

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