4507 N

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4507 N

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

What's Special

4507 North Harrison Avenue is situated within a well-established commercial corridor in Cary, North Carolina. The neighborhood character is defined by a mix of mature residential communities and professional office parks. The property benefits from its proximity to the SAS Institute global headquarters and the upscale shopping and dining options at the Arboretum at Weston. Accessibility is a key feature of this location, as it sits near the intersection of major regional arteries, offering direct connections to Interstate 40 and State Highway 54. The property is ideally suited for service-oriented retail, boutique fitness studios, or specialty medical clinics. Typical tenants for this asset profile include local entrepreneurs and regional franchises seeking high visibility and convenient suburban access. The surrounding demographic supports businesses that cater to professional commuters and high-income households within the immediate trade area. The site’s positioning makes it a functional fit for low-impact commercial users requiring consistent foot traffic and ample surface parking.

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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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