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100 Ridgeview Dr
Cary, NC 27511
The Pinnacle Building · Office Property For Sale · 5,294 SF
Executive Summary
The property is located in a professional office park setting near the intersection of Cary Parkway and Kildaire Farm Road. Office condo and investment opportunity for sale in Cary near the intersection of Kildaire Farm Road and Cary Parkway. A single tenant is in place through October 31, 2025 with two one-year renewal options and 3.0% annual rent escalations. 7.0% cap rate - $144,137.52 NOI 5,294 RSF office condo Built in 2002 4.0 per 1,000 SF parking ratio Corner unit with ample natural light
PROPERTY FACTS
Unit Size | 5,294 SF | Building Class | B |
No. Units | 1 | Floors | 1 |
Total Building Size | 5,294 SF | Typical Floor Size | 5,294 SF |
Property Type | Office (Condo) | Year Built | 2002 |
Sale Type | Investment | Tenancy | Single |
Unit Size | 5,294 SF |
No. Units | 1 |
Total Building Size | 5,294 SF |
Property Type | Office (Condo) |
Sale Type | Investment |
Building Class | B |
Floors | 1 |
Typical Floor Size | 5,294 SF |
Year Built | 2002 |
Tenancy | Single |
1 Unit Available
Unit 100
Unit Size | 5,294 SF | Cap Rate | 7.00% |
Condo Use | Office | NOI | $206,703.29 CAD |
Sale Type | Investment |
Unit Size | 5,294 SF |
Condo Use | Office |
Sale Type | Investment |
Cap Rate | 7.00% |
NOI | $206,703.29 CAD |
Description
Office condo and investment opportunity for sale in Cary near the intersection of Kildaire Farm Road and Cary Parkway. A single tenant is in place through October 31, 2025 with two one-year renewal options and 3.0% annual rent escalations.
Sale Notes
7.0% cap rate - $144,137.52 NOI
5,294 RSF office condo
Built in 2002
4.0 per 1,000 SF parking ratio
Corner unit with ample natural light
Amenities
- 24 Hour Access
- Conferencing Facility
- Signage
zoning
Zoning Code | OIP |
OIP |