8000 Regency PkwyCary, NC 27518

Property Details for 8000 Regency Pkwy

Year built

1983

Lot size

10.65 AC

Property size (Sq ft)

144,998 SF

Zone code

OIP

Property type

Office properties

Property subtype

Office buildings

APN

0762.17-10-4644 0124215

APU

762171046440124215

Description

This exceptional 7,135-square-foot Class A office space is available for sublease at 8000 Regency Parkway, Suite 675, in Cary, North Carolina (Wake County, zip code 27518). The property boasts a unique "treehouse" design, featuring abundant natural light from large windows offering tranquil views of trees and a nearby lake. The space is ideal for businesses seeking a productive and inspiring work environment. The layout includes a mix of private offices, collaborative open work areas, multiple conference rooms, a fully equipped kitchen, and a welcoming reception/lobby area. Located within the Regency Park complex, tenants enjoy convenient access to a fitness center, café, and shared conference facilities. The location also provides easy access to outdoor amenities, including walking and biking trails surrounding Symphony Lake and the Koka Booth Amphitheatre. This sublease opportunity presents a rare chance to secure a high-quality, well-appointed office space in a desirable Cary location. The property is categorized as both Executive and Creative Office space, and the entire 7,135 square feet is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $35,554,320

  6.5%

  $32,819,374

  7%

  $30,475,132

• Comparable approach

  Method

  Valuation

  Relative Method

  $32,357,766

  Geo Method

  $33,282,840

• Alternative Use

  Use

  Valuation

  Residential

  $40,696,024

  Hospitality

  $37,277,340

  Educational

  $31,014,308

  Medical

  $32,080,938

  Retail

  $48,244,480

Location Insight

City

Cary

County

Wake

State

North Carolina

Latitude

35.7299

Longitude

-78.7929

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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