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Highlights

  • Offers 67,584 SF of high-quality office space, ideal for call center or data center users, with additional suites that can be subdivided as needed.
  • Property features robust infrastructure with dual-feed power and SONET rings, ensuring high-speed data capabilities & telecom redundancy for users.
  • Over 100 restaurants and services within a 10-minute drive of MacGregor Park support daily needs, enhancing tenant convenience and accessibility.
  • Convenient access to I-40 supports connectivity to Downtown Raleigh (14.2 miles), RDU Airport (16.2 miles), and Research Triangle Park (19.3 miles).
  • Situated on 24.76 acres, 500 Gregson Drive’s campus-like setting with mature landscaping & a low-density layout is well-suited for corporate users.

All Available Spaces(3)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 67,584 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • -
  • October 01, 2026

Space can be subdivided.

  • 1st Floor, Ste 140
  • 3,112 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • -
  • October 01, 2026
  • Lease rate does not include utilities, property expenses or building services
  • 1st Floor, Ste 183
  • 8,233 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • -
  • October 01, 2026
  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 67,584 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office - October 01, 2026
1st Floor, Ste 140 3,112 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office - October 01, 2026
1st Floor, Ste 183 8,233 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office - October 01, 2026

1st Floor

Size
67,584 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Build-Out
-
Available
October 01, 2026

1st Floor, Ste 140

Size
3,112 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Build-Out
-
Available
October 01, 2026

1st Floor, Ste 183

Size
8,233 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Build-Out
-
Available
October 01, 2026

1st Floor

Size 67,584 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Build-Out -
Available October 01, 2026

Space can be subdivided.

1st Floor, Ste 140

Size 3,112 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Build-Out -
Available October 01, 2026

  • Lease rate does not include utilities, property expenses or building services

1st Floor, Ste 183

Size 8,233 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Build-Out -
Available October 01, 2026

  • Lease rate does not include utilities, property expenses or building services

Property Overview

Situated on a beautiful 24.76-acre site in pine-shaded MacGregor Park, 500 Gregson Drive is a single-story, 106,047-square-foot professional building offering 67,584 square feet of prime office space, ideal for call centers, data center users, or other mission-critical operations with backup power requirements. Office suites can be subdivided. 500 Gregson Drive features robust infrastructure, including dual-feed power from two separate primary feeders and multiple SONET (Synchronous Optical Networking) rings for high-speed data and telecom redundancy. A full-building generator provides backup power for the entire project. Redundant HVAC systems ensure reliable climate control for both equipment and occupants. Additionally, the property offers abundant parking at a ratio of 10/1,000 SF, providing ample capacity for tenants and visitors. Positioned along Highway 64, the property benefits from seamless connectivity to the Outer Loop (Interstate 540) and the Inner Beltline (Interstate 440), each within a 10-minute drive, with convenient access to Interstate 40 linking downtown Raleigh (14.2 miles), Raleigh-Durham International Airport (16.2 miles), and Research Triangle Park (19.3 miles). Convenient access to these corridors allows the property to draw from a broad commuter base through Cary, downtown Raleigh, and the greater Raleigh-Durham Triangle. Located within MacGregor Park, tenants benefit from access to abundant everyday amenities, including MacGregor Draft House, Orangetheory Fitness, and Wellness Compounding Pharmacy. More than 100 restaurants, several hotels such as Hampton Inn, Courtyard by Marriott, and The Umstead Hotel and Spa, and a wide range of retail options are all within a 10-minute drive. Costco, Harris Teeter, and over 150 additional retailers provide convenient access to everyday shopping needs. With its robust infrastructure, strategic location, and access to key regional corridors, 500 Gregson Drive is well-positioned to support a wide range of corporate and technology-driven users.

  • Day Care
  • Restaurant
  • Signage

Property Facts

Building Type
Office
Year Built/Renovated
1987/1995
Building Height
1 Story
Building Size
106,047 SF
Building Class
B
Typical Floor Size
106,047 SF
Unfinished Ceiling Height
10’
Parking
1,650 Surface Parking Spaces
Covered Parking

Marketing Brochure

More Attachments

500-Gregson-Dr-Flyer
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Amenities

Hotels

Courtyard
149 rooms
6 min drive
Hampton by Hilton
129 rooms
7 min drive
DoubleTree by Hilton
130 rooms
12 min drive
Home2 Suites by Hilton
110 rooms
15 min drive
Hyatt Place
132 rooms
16 min drive

About Cary

Cary, one of Raleigh’s most affluent suburbs, is one of the fastest growing cities in the Raleigh metropolitan area. Characterized by low density and sprawling neighborhoods, the area is a magnet for families and individuals seeking a suburban setting. In recent years, new developments have been proposed that will integrate the desirable elements of a more urban setting. For example, the Fenton project, a planned 92-acre walkable district, will bring 170,000 square feet of high-end shops, restaurants, and entertainment to the heart of the city.

Located in the heart of the Research Triangle, Cary benefits from proximity to several other major office nodes, including downtown Raleigh and Research Triangle Park. Two of the region’s major highways, interstates 40 and 440, allow commuters easy access to Raleigh and Durham. The city’s accessibility and high-end office and retail space should continue to attract employers to the area. Epic Games, known for creating popular video games, recently announced an expansion to its Cary headquarters, adding up to 2,000 more workers to the area’s growing local employment base.

Cary’s office tenants benefit from the city’s prime location and excellent connectivity to other destinations throughout the Triangle. Rents here come at a discount to the region’s other premier employment centers.

Leasing Agent

Leasing Agent

Tripp Bradshaw, Principal
Raleigh native and a member of the Capital Associates team since 1995, Tripp has played a key role in arranging a variety of office, flex, retail, and sale transactions throughout the Triangle. Tripp’s decades of experience in commercial real estate have led to the opportunity to be recognized as a market leader, being awarded the Realtor of the Year Award by the Triangle Commercial Association of Realtors (TCAR) and receiving multiple Triangle Business Journal Space Awards including Top Office Lease and Top Flex/Warehouse Lease.

Since beginning his commercial real estate career in 1986, Tripp has worked to build long term relationships in the industry as well as an intricate knowledge of the specific needs of Triangle area clients. As a partner at Capital Associates, Tripp has been responsible for the marketing and leasing of many of the Class A properties developed and managed by the firm, including The Summit, The Exchange at Meadowmont, Weston I and II, Medical Plaza at Rex, and Springfield Place.

As a continual advocate for quality affordable housing, Tripp spent more than thirteen years serving on the Board of the Raleigh Housing Authority and currently serves on the Board of Capital Towers, an affordable senior living community. He is also an active volunteer and previous Board member with The Frankie Lemmon School and former member of the board at the Raleigh Transit Authority.
  • Listing ID: 17218935

  • Date on Market: 7/2/2026

  • Last Updated:

  • Address: 500 Gregson Dr, Cary, NC 27511

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