Caliber Collision New 15 Year Absolute Net Lease… — Sale in Cary, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Cary, NC 27513

Investment Figures

Cap rate
6.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the offering for Caliber Collision in Cary, NC. Investment Highlights: • 18,402-SF Single Tenant Corporate Caliber Collision on a Large +/- 3.14-AC Lot | New 15 Year Lease Starting at Close of Escrow With 2, Five-Year Renewal Options, Ensuring Long-Term Stability • Absolute Net Lease With No Landlord Responsibilities | Tenant is Responsible for Insurance, Taxes, Interior, Exterior, Including Roof, HVAC and Parking Lot. • The Lease Features a 2% Annual Rental Escalation Throughout the Primary Term and Each Option Period. • This Caliber Location is Ranked in the 98th Percentile For Site Visits Nationwide and 3rd Overall in the State According to Placer.ai • Located in a Dense Residential and Retail Corridor. 12 Miles From Downtown Raleigh. New Census Data Ranks the Raleigh-Cary Area as the 10th Fastest-Growing Metro Area in the US, Wake County Had the Fifth Most Growth of Any County in 2025. • Cary is Consistently Recognized as a Best Place to Live and One of the Safest Cities in America by Multiple Publications. • Situated Along NW Maynard Road, a Major Road Surrounding the Downtown Cary Area, Seeing 21,000 Vehicles Per Day (VPD) | Easy Access to Both Interstate 40 and US 64 With Easy Access to the Entire Raleigh-Durham-Chapel Hill Triangle. • 2 Miles From Park West Village, a Dense 750,000-SF Mixed Use Development With Over 500 Apartment Units and Multiple Nation Retail Tenants

Market Context

This retail in Cary, NC is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 99 days. Compare it against other retail listings for sale in Cary, NC — view the full market.

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