NC 55 & I-540, Cary, NC, 27511 - Available for Lease

Retail For Lease

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PARKSIDE TOWN COMMONS

NC 55 & I-540, Cary, NC 27511

Negotiable

431,005 SF | Retail

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Retail Property For Lease

Total Space Available:
431,005 SF
Rental Rate:
Negotiable
Min. Divisible:
114,935 SF
Max. Contiguous:
316,070 SF
Property Type:
Retail
Property Sub-type:
Regional Center/Mall
Construction Status:
Under Construction/
Proposed
Gross Leasable Area:
434,744 SF
Listing ID
15858247
Last Updated
14 days ago

Find Out More...

2 Spaces Available

Phase I

  • 114,935 SF
  • Rental Rate Negotiable
  • Regional Center/Mall
Rental Rate NegotiableRental Rate NegotiableRental Rate NegotiableRental Rate NegotiableRental Rate Negotiable

Phase II

  • 316,070 SF
  • Rental Rate Negotiable
  • Regional Center/Mall
Rental Rate NegotiableRental Rate NegotiableRental Rate NegotiableRental Rate NegotiableRental Rate Negotiable

Description

Parkside Town Commons is a mixed-use center anchored by Frank Theatres, Target, Harris Teeter, Field & Stream, and Golf Galaxy. Construction will commence in the first quarter of 2013 with a planned opening in Spring 2014.

The Raleigh-Cary metro is ranked # 3 on Bloomberg' s 2013 list of America' s boomtowns. The Raleigh-Cary metro' s population grew by 11.06 % with compound annual GDP growth of 1.49%. That growth comes on the strength of Research Triangle Park, which is attracting top talent from all over the country. As a result, the housing market is also booming - there were 1,002 annual closings and 1,045 annual starts from the first quarter of 2012 - 2013. In the last 3 years alone, 20 subdivisions within a 3 - 4 mile radius have reached build-out.

Parkside Town Commons is adjacent to the Research Triangle Park (RTP), the largest research park in the U.S. RTP is home to over 140 companies employing more than 49,000.

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Asking Price Index Trends for Cary, NC Retail For Lease

  Jun 14 vs. 3 mo.
prior
Y-O-Y
-
State
$14-0.2%-3.2%
-
Metro
$16+0.8%-0.6%
-
County
$17+1.8%+1.6%

View Cary Market Trends for other property types for sale or lease. Learn more about the chart info.

Created 8/19/2008
PARKSIDE TOWN COMMONS
  • Retail
  • Negotiable
  • 431,005 SF