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Attributes

Property Description

PROMINENT ±1.34 ACRE ENTITLED CARY SITE - ACROSS FROM WEGMANS (OPENING AUGUST 2, 2020)

Investment Highlights

  • Jones Lang LaSalle, a North Carolina licensed real estate broker (“JLL”), is pleased
  • to offer for sale a unique 1.34-acre development opportunity with flexibility to
  • pursue several development options, such as office, retail, multifamily or medical
  • office. Ideally situated within the heart of Cary, NC and located adjacent to Twin
  • Lakes Center, a 126,000 SF Wegmans-anchored retail center with signalized
  • access, opening August 2, 2020. This attractive location has invaluable proximity
  • to the major employment hubs of Research Triangle Park (50,000+ employees –
  • 5 minutes) as well as Weston Parkway Corridor (10,000+ employees – 7 minutes).
  • The demographics in the area are exceptional with an average household
  • income of $130k+ and over 400 multifamily units under construction within ½
  • mile of the site. This rare opportunity is well-positioned for multiple types of
  • development in a luxurious submarket known for long term sustainability, highend
  • demographics, excellent access to employers, and walkability to desirable
  • lifestyle amenities.
Last Updated Date: 26 Jun 2020
Sarah Godwin
Sarah Godwin
Director, Capital Markets
License details
NC-270966 SC-108916
Hunter Barron
Hunter Barron
Senior Director, Capital Markets
License details
NC-259804 SC-96951

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Last Updated Date: 26 Jun 2020

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