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Medical Park of Cary Redevelopment - Phase II


SEC Wake Medical Drive & Claude E. Pope Memorial Hwy, Cary, NC 27518

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  • Property Type Office - Medical Office
  • Property Size 75,000 SF
  • Lot Size 10.5 Acre


  • City Cary, NC
  • Neighborhood Lochmere Forest East
  • Zip Code 27518
  • Market Raleigh Durham


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  • Registered Owner


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Market Trends

Average Actual Rents in Cary

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Asking Rents in Cary Office Market

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

  • 2020 Avg. Asking Rent $27.31
  • 2020 Office Vacancy Rate 12.10%
  • 2020 Office Completions (SF) 258,628

Cary Office Sales Trends

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

  • 2020 Avg. Price per SF $178.77
  • Y-o-Y Avg. PpSF Change -2.04%
  • 2020 Office Sales Volume $26.1M
  • 2020 Number of Transactions 4
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Frequently Asked Questions

What is the total square footage of Medical Park of Cary Redevelopment - Phase II?

Medical Park of Cary Redevelopment - Phase II totals 75,000 square feet.

When was this property built?

Medical Park of Cary Redevelopment - Phase II was built in 1990.

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