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Parkway Point Shopping Center 2420-2458 SW Cary Pky 3,891 SF of Retail Space Available in Cary, NC 27513
Highlights
- Food Lion anchored shopping center with Town & Country Hardware as a junior anchor.
- Surrounded by dense residential neighborhoods with high average household incomes.
- Diverse tenant mix including dining, services, and specialty retail.
- Located at a signalized intersection with strong traffic counts and excellent visibility.
- Close proximity to Apex High School, Cary Auto Park, and Bond Park.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2446/2448 | 3,891 SF | Negotiable | $40.89 CAD/SF/YR $3.41 CAD/SF/MO $159,096 CAD/YR $13,258 CAD/MO | Triple Net (NNN) |
2420-2464 SW Cary Pky - 1st Floor - Ste 2446/2448
- Lease rate does not include utilities, property expenses or building services
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.
Site Plan
Select Tenants at Parkway Point Shopping Center
- Tenant
- Description
- US Locations
- Reach
- AAA
- Other Services
- 2,112
- International
- Bumble Brews
- Cocktail Bar
- 1
- -
- Food Lion Inc
- Supermarket
- 1,282
- National
- Graceful Expressions Dance Academy
- Services
- 1
- -
- Salvio's Pizza
- Restaurant
- 1
- Local
- Town & Country Hardware
- Hardware
- 9
- Local
| Tenant | Description | US Locations | Reach |
| AAA | Other Services | 2,112 | International |
| Bumble Brews | Cocktail Bar | 1 | - |
| Food Lion Inc | Supermarket | 1,282 | National |
| Graceful Expressions Dance Academy | Services | 1 | - |
| Salvio's Pizza | Restaurant | 1 | Local |
| Town & Country Hardware | Hardware | 9 | Local |
Property Facts
About the Property
Parkway Pointe is a well-positioned retail center located at the signalized intersection of SW Cary Parkway and Old Apex Road in Cary, North Carolina. Anchored by Food Lion, the center benefits from strong daily traffic counts of approximately 11,997 CPD on SW Cary Parkway and 14,000 CPD on Old Apex Road. The property underwent a comprehensive remodel in late 2015, which included a new façade, canopy, and upgraded parking lot, enhancing its curb appeal and functionality. The center is surrounded by dense residential neighborhoods and benefits from limited nearby grocery competition, creating a strong draw for daily needs retail. Major nearby communities include Park Place Townhomes, Brookgreen, Sussex, and Linville Ridge, along with several apartment complexes and retirement communities. Parkway Pointe is also located within one mile of Apex High School and Cary Auto Park and just half a mile from Bond Park, providing consistent traffic from both local residents and visitors. Available space includes Suite 2446/2448, offering approximately 3,891 SF, ideal for a variety of retail uses. The center’s tenant mix includes national and local brands such as Subway, State Farm, Edward Jones, and Town & Country Hardware, creating a complementary environment for new tenants.
- Banking
- Restaurant
- Signage
- Signalized Intersection
Presented by
Parkway Point Shopping Center | 2420-2458 SW Cary Pky
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