160 Macgregor Pines DrCary, NC 27511

Property Details for 160 Macgregor Pines Dr

Property size (Sq ft)

1,295 SF

Property type

Office properties

Property subtype

Medical offices

Description

This exceptional investment opportunity presents a 1,295-square-foot medical office space located at 160 MacGregor Pines Drive, Suite 110, Cary, North Carolina, 27511. Currently leased under a triple-net (NNN) lease, the property offers a strong return with a lease expiration date of October 30, 2025, and a five-year renewal option. The well-maintained suite boasts a functional layout, perfectly suited for medical practices. Features include two private offices, two exam rooms equipped with sinks, multiple lab areas, and a welcoming reception lobby. The property's prime location in Cary provides convenient access to US-1 and Highway 64, placing it within easy reach of MacGregor Village's diverse dining and retail amenities. This combination of a strong tenant, desirable location, and lease terms makes this a compelling investment opportunity in a thriving North Carolina market. The asking price for this turnkey medical office is $576,275. The property is situated in Wake County and offers immediate income potential for the discerning investor. This is a rare chance to acquire a well-established medical office space in a high-demand area.

Location Insight

City

Cary

County

Wake

State

North Carolina

Latitude

35.7438

Longitude

-78.8176

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