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201 Commonwealth Ct 14,646 SF 50% Leased Office Building Cary, NC 27511 $3,195,350 ($218.17/SF)
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
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
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
14,646 SF
Building Class
B
Year Built/Renovated
1986/1997
Price
$3,195,350
Price Per SF
$218.17
Percent Leased
50%
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 & Institutional
Parking
43 Spaces (3.5 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Bus Line
- Signage
- Central Heating
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Multiple private offices, conference rooms, training room, in-suite restrooms, 2 breakrooms.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 100 | 7,255 SF | Office | Full Build-Out | Now |
1st Fl-Ste 100
| Size |
| 7,255 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 100
| Size | 7,255 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Multiple private offices, conference rooms, training room, in-suite restrooms, 2 breakrooms.
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0763.14-44-0238-000 | Improvements Assessment | $1,751,407 |
| Land Assessment | $483,520 | Total Assessment | $2,234,927 |
Property Taxes
Parcel Number
0763.14-44-0238-000
Land Assessment
$483,520
Improvements Assessment
$1,751,407
Total Assessment
$2,234,927
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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201 Commonwealth Ct
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