Cary Industrial

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The Lundy Group
I represent tenants and can
help you go see this space.
8140 Chapel Hill Rd - 4 Spaces Cary, NC tenant pays utilities
Jul 31
1,500 - 1,600
sqft
Industrial Mixed Use
5101 Nelson Rd - Unit 300A Cary, NC 24 foot ceiling height
May 15
7,380
sqft
Industrial

Cary

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
5,260

Cary Rates

On average, listings lease in the $30's per square foot per year. The Cary submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 12% increase in rent.

Compared to the rest of the The Triangle market, the Cary region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Cary Listing Supply

In the last 90 days, 767 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the listings in the Cary are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 5,260 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1998 and are Class B.

Cary Community

Market Data

Real time and historical data on commercial real estate listings in Cary.
Research