High House Crossing

Off-Market

2755 State Highway 55, Cary, NC 27519

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Retail - Neighborhood Center
  • Property Size 87,517 SF
  • Lot Size 13.88 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1997

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Cary

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Cary Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $28.23
  • 2022 Office Vacancy Rate 14.69%
  • 2022 Office Completions (SF) 278,476

Cary Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $219.84
  • Y-o-Y Avg. PpSF Change -10.48%
  • 2022 Office Sales Volume $89.9M
  • 2022 Number of Transactions 6
View more Cary market trends

Location

Getting Around

  • Walk Score ®

    53/100 Somewhat Walkable
  • Transit Score ®

    26/100 Some Transit
  • Bike Score ®

    46/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Cary, NC
  • Neighborhood Ashley Meadows
  • Zip Code 27519
  • Market Raleigh Durham

Points of Interest

  • Cary

    5.08 miles

  • Zone 1: Prearranged Services

    7.62 miles

  • Zone 4: Limos

    7.69 miles

  • BP

    1.16 miles

  • Shell

    1.35 miles

  • Shell

    2.42 miles

  • Shell

    2.63 miles

  • Kangaroo Express

    2.95 miles

  • Sheetz

    3.27 miles

  • Exxon

    3.29 miles

  • Exxon

    3.32 miles

  • Lowe's Foods Gas Station

    3.34 miles

  • BP

    3.37 miles

  • Cary Tennis Park North Lot

    1.53 miles

  • The Junkyard

    2.13 miles

  • American Tobacco Trail White Oak Access

    2.80 miles

  • American Tobacco Trail Wimberly Access

    3.20 miles

  • American Tobacco Trail Parking

    3.73 miles

  • S10K Permit

    3.90 miles

  • Handicap Parking

    3.93 miles

  • S50K Permit

    3.94 miles

  • Reception Area

    3.94 miles

  • S25K Permit

    3.97 miles

  • China Wok

    0.00 miles

  • The Original NY Pizza

    0.02 miles

  • Burger King

    0.06 miles

  • Dunkin' Donuts

    0.13 miles

  • Hong Kong No. 1

    0.17 miles

  • Subway

    0.17 miles

  • Biscuitville

    0.29 miles

  • Planet Smoothie

    1.20 miles

  • Johnny's Pizza

    1.21 miles

  • so hot

    1.31 miles

  • Lidl

    0.03 miles

  • Walmart Neighborhood Market

    0.19 miles

  • Harris Teeter

    1.18 miles

  • H Mart

    1.36 miles

  • Publix

    1.65 miles

  • Aldi

    1.83 miles

  • Food Lion

    1.85 miles

  • The Fresh Market

    1.95 miles

  • Lowes Foods

    2.07 miles

  • Lowes Foods

    2.60 miles

Frequently Asked Questions

What is the total square footage of High House Crossing?

High House Crossing totals 87,517 square feet.

When was this property built?

High House Crossing was built in 1997.

What is the property tax for High House Crossing?

The property tax for High House Crossing in 2023 was $134,644.

What is the market value for High House Crossing?

The market value* for High House Crossing in 2023 was $13,437,575.

*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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