Log In/Sign Up
Your email has been sent.
160 MacGregor Pines Dr - MacGregor Medical Center 3,786 SF Office/Medical Condo Unit Offered at $2,756,280 CAD in Cary, NC 27511
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
| Sale Type | Investment | Cap Rate | 6.06% |
| 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 | $2,756,280 CAD ($728.02 CAD/SF) | $166,964.41 CAD |
Unit 310A
| Unit Size |
| 3,786 SF |
| Condo Use |
| Office/Medical |
| Price |
| $2,756,280 CAD ($728.02 CAD/SF) |
| NOI |
| $166,964.41 CAD |
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 310A
| Unit Size | 3,786 SF |
| Condo Use | Office/Medical |
| Price | $2,756,280 CAD ($728.02 CAD/SF) |
| NOI | $166,964.41 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 | Typical Floor Size | 11,118 SF |
| Property Type | Office (Condo) | Year Built | 2008 |
| Property Subtype | Medical | Lot Size | 2.72 AC |
| Building Class | B | Parking Ratio | 3.42/1,000 SF |
| Floors | 3 | ||
| Zoning | OIP - Medial/Office Institutional Park | ||
| 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
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Contacts
-
Sam DiFranco CCIM, SIOR -
Dylan Heafner, CCIM, SIOR -
Conley Moretz -
Rich Commercial Realty
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
160 MacGregor Pines Dr - MacGregor Medical Center
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.