1151 Executive CirCary, NC 27511

Property Details for 1151 Executive Cir

Year built

2001

Construction

BRICK

Lot size

0.53 AC

Property size (Sq ft)

9,350 SF

Zone code

OIP

Property type

Office buildings

APN

0763.15-53-0786 0117165

APU

763155307860117165

Description

This exceptional office property, located at 1151 Executive Circle in Cary, North Carolina, offers a total of 2,165 square feet of traditional office space currently available for lease. The building is situated in Wake County, zip code 27511, and provides flexible options for tenants. Multiple suites are available, with a minimum divisible space of 805 square feet and a maximum contiguous space of 1,360 square feet. The entire 2,165 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to lease individual suites. This property is ideal for businesses seeking a well-located and versatile office space in the thriving Cary market. The address is easily accessible, offering convenient access to local amenities and major transportation routes. The property type is classified as a traditional office building, providing a professional and functional workspace. Interested parties are encouraged to inquire about lease terms and availability. This is a fantastic opportunity to secure prime office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,292,672

  6.5%

  $2,116,313

  7%

  $1,965,148

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,086,547

  Geo Method

  $2,146,199

• Alternative Use

  Use

  Valuation

  Residential

  $2,624,228

  Hospitality

  $2,403,779

  Educational

  $1,999,916

  Medical

  $2,068,696

  Retail

  $3,110,980

Location Insight

City

Cary

County

Wake

State

North Carolina

Latitude

35.7659

Longitude

-78.7806

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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