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201 Commonwealth Ct
Cary, NC 27511

Office Property For Sale

Investment Highlights

  • Located off Kildaire Farm Road with easy access to Cary Parkway, Maynard Road, and US 1/US 64 Hwy.
  • Convenient to numerous restaurants, retail and amenities.

Executive Summary

14,646 SF, two-story multi-tenant office building
Quiet office park on main corridor in Cary
3.5 per 1,000 parking ratio
Convenient to numerous restaurants, retail and amenities
Leases in place for majority of the building - 2,377 RSF suite available

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
14,646 SF
Building Class
B
Year Built/Renovated
1986/1997
Price
$3,295,350
Price Per SF
$225
Percent Leased
84%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,255 SF
Slab To Slab
14’
Building FAR
0.30
Lot Size
1.11 AC
Opportunity Zone
Yes
Zoning
O-I - Office
Parking
43 Spaces (3.5 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Bus Line
  • Signage
  • Central Heating
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0763.14-44-0238-000
Land Assessment
$483,520
Improvements Assessment
$1,751,407
Total Assessment
$2,234,927
  • Listing ID: 32377478

  • Date on Market: 7/8/2024

  • Last Updated:

  • Address: 201 Commonwealth Ct, Cary, NC 27511

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