4507 N

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4507 N

Cary, NC 27519
Asking Price
$5.55M
Asset Type
Retail
Class
Class B

What's Special

Located at 4507 North Harrison Avenue in Cary, North Carolina, this retail property is situated within a high-traffic commercial corridor. The neighborhood is characterized by a mix of established residential subdivisions and modern office parks. Notable nearby amenities include the SAS Institute campus and the Arboretum at Weston, providing a consistent base of local employees and residents. The site offers direct access to Interstate 40 and NC-54, facilitating regional connectivity to the greater Research Triangle Park area and Raleigh-Durham International Airport. The building’s layout and prominent road frontage make it suitable for a variety of service-oriented retail businesses or high-visibility showrooms. Ideal use cases include boutique fitness studios, specialty medical clinics, or upscale convenience services. Typical tenants for this location often include national franchises or established local operators seeking to capitalize on the area's affluent demographic profile and strong daytime workforce. The property provides ample on-site parking and designated signage opportunities for incoming businesses.

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NOI
$80,000
Cap Rate
1.44%
DSCR
0.24
Underwater
Cash-on-Cash
-14.99%
Monthly Payment
$27,461.098
Annual Cash Flow
$-249,533.174

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