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Sublease Highlights

  • Crossroads Plaza is a regional power center anchored by high-profile brands like HomeGoods, Dick’s Sporting Goods, Marshalls, Old Navy, and more.
  • 5,050 SF offered for sublease through 5/31/2028, renovated in 2023 with an open showroom layout, 3-phase power, restrooms, and rear double doors.
  • Supported by affluent communities with an average annual household income of approximately $120,000 reported within a 5-mile radius.
  • Strong anchors paired with a diverse mix of smaller users, such as Petco, Duluth Trading, Starbucks, Chipotle, Skechers, and Men’s Wearhouse.
  • High-traffic node at the crossing of Interstates 40 and 440, 15 minutes to Downtown Raleigh and 30 minutes to the centers of Durham or Chapel Hill.
  • Tap into a growing locale as households within a 3-mile radius grew by 15.5% from 2020 to 2025 and are projected to increase another 8.5% by 2030.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 5,050 SF
  • May 2028
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

5,050-square-foot retail space available for sublease. Interior improvements were completed in 2023, creating an efficient, open retail showroom ideal for a variety of traditional retail and service uses. The space comes with restrooms,120/208, 3-phase 4-wire electrical service, rooftop HVAC, rear double doors,

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
Space Size Term Rental Rate Rent Type
1st Floor 5,050 SF May 2028 Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)

1st Floor

Size
5,050 SF
Term
May 2028
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

5,050-square-foot retail space available for sublease. Interior improvements were completed in 2023, creating an efficient, open retail showroom ideal for a variety of traditional retail and service uses. The space comes with restrooms,120/208, 3-phase 4-wire electrical service, rooftop HVAC, rear double doors,

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at Crossroads Plaza

  • Tenant
  • Description
  • US Locations
  • Reach
  • Marshalls
  • Dept Store
  • 1,437
  • International
  • Men's Wearhouse
  • Men's Apparel
  • 830
  • National
  • Michaels
  • Art/Crafts
  • 1,438
  • International
  • Painted Tree Boutiques
  • Other Retail
  • 5
  • National
  • Petco
  • Animal Care/Groom
  • 1,897
  • National
  • Rockler Woodworking
  • Hardware
  • 51
  • National
Tenant Description US Locations Reach
Marshalls Dept Store 1,437 International
Men's Wearhouse Men's Apparel 830 National
Michaels Art/Crafts 1,438 International
Painted Tree Boutiques Other Retail 5 National
Petco Animal Care/Groom 1,897 National
Rockler Woodworking Hardware 51 National

Property Facts

Total Space Available 5,050 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 217,284 SF
Total Land Area 49.75 AC
Year Built 1991
Parking Ratio 5/1,000 SF

About the Property

Establish a presence along one of Cary’s most active commercial corridors with an exclusive space in this premier regional power center. Crossroads Plaza is anchored by a robust lineup, including Dick’s Sporting Goods, Michael’s, Ross Stores, Old Navy, Marshalls, HomeGoods, DSW, and more. These anchor tenants are complemented by an eclectic mix of retailers and restaurants, including Chipotle, Men’s Wearhouse, Starbucks, Total Wine, Skechers, Ulta, Petco, and more. This 5,050-square-foot retail space offered for sublease is the perfect opportunity for a variety of retail or service users with a term through May 31, 2028. Interior renovations were completed in 2023, creating an efficient and open retail showroom. The space also includes restrooms, 120/208-volt, 3-phase 4-wire electrical service, and rear double doors. Situated at the Interstate 440/40 interchange, Crossroads Plaza boasts a commanding presence in Cary’s booming retail trade area. The surrounding communities boast higher-than-average incomes, and population growth rates have also exceeded state and national norms. On a broader scale, the accessibility provided by this arterial proximity allows consumers from throughout the Raleigh metro to visit the shopping center with ease.

  • Commuter Rail
  • Freeway Visibility
  • Pylon Sign
  • Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
15 min drive
2025 Population
10,068
78,453
191,661
353,306
2030 Population
10,890
84,613
206,323
381,068
2025-2030 Projected Population Growth
8.2%
7.8%
7.7%
7.9%
Median Age
35.0
35.4
35.4
36.9
College Degree + Higher
50%
53%
56%
35%
Daytime Employees
8,598
40,621
113,226
228,276
Total Businesses
885
6,079
14,001
27,219
Average Household Income
$92,257
$109,890
$119,871
$129,486
Median Household Income
$77,921
$84,379
$90,122
$97,346
Total Consumer Spending
$134.4M
$1.1B
$2.6B
$5.1B
2025 Households
4,987
34,473
79,778
147,500
Average Home Value
$498,352
$554,227
$599,278
$617,879
$ values in USD

Nearby Major Retailers

Starbucks
Jenny Craig
BJ's Restaurant & Brewhouse
Bibibop Asian Grill
BurgerFi
Noodles & Company
Jason's Deli
Olive Garden
Red Lobster
Jazzercise
  • Listing ID: 35240182

  • Date on Market: 2025-03-24

  • Last Updated:

  • Address: 213-450 Crossroads Blvd, Cary, NC 27518

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