1140 Kildaire Farm Rd Cary, NC 27511

This exceptional three-story office building, totaling 26,685 square feet, presents a compelling value-add investment opportunity in Cary, North Carolina. Located at the signalized intersection of Kildaire Farm Road and Commonwealth Court, this Class B property boasts a prime location with easy access to major thoroughfares like US 440, US 1, and US 64, ensuring convenient commutes for tenants. Built in 1985, the building currently features approximately 2,535 square feet of vacant space, alongside existing tenants generating nearly $500,000 in annual gross revenue with an average lease rate of $22.30 per square foot, full service. The property sits on a 1.22-acre lot and offers 78 surface parking spaces for ample tenant and visitor convenience. Zoned OI (Office and Institutional), this multi-tenant building benefits from strong surrounding demographics and growth, with proximity to numerous retail and restaurant amenities, including walkable destinations. The asking price is $4,850,000, translating to $181.75 per square foot. This presents a unique chance to acquire a well-positioned asset with significant upside potential in a thriving Cary market.