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117 Woodwinds Industrial Ct 3,346 SF Flex Building Cary, NC 27511 $971,313 ($290.29/SF) 6.75% Cap Rate
Investment Highlights
- ±3,346 SF freestanding industrial building + laydown yard (±2,091 Heated SF | ±1,255 Unheated SF)
- Annual 3% rental escalations provide built-in income growth
- Attractive opportunity for investors seeking stabilized industrial product
- Long-term tenant in place with stable in-place cash flow
- Strong Cary location at the intersection of Cary Parkway and Old Apex Road
- Sale Price: $971,313 | Cap Rate: 6.75%
Executive Summary
117 Woodwinds Industrial Court presents a rare opportunity to acquire a stabilized industrial investment in the heart of Cary’s established industrial corridor. The property benefits from sought-after outdoor storage capability and is fully leased to a long-term tenant, providing immediate cash flow, annual rent escalations, and durable income growth potential.
Property Facts
Amenities
- Fenced Lot
- Signage
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Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0753.14-42-4679-000 | Improvements Assessment | $310,631 |
| Land Assessment | $223,244 | Total Assessment | $533,875 |
Property Taxes
Parcel Number
0753.14-42-4679-000
Land Assessment
$223,244
Improvements Assessment
$310,631
Total Assessment
$533,875
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117 Woodwinds Industrial Ct
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