alt
View All

For Sale

1380 NW Maynard Rd

1380 Northwest Maynard Road,
Cary, NC 27513

Asset Snapshot

1998
Year Built
100%
Occupancy

Offering Summary

Investment Overview

A 7,485 SF automotive service facility on a 1.14-acre infill parcel, generating $189,230 in base rent effective July 17, 2026 ($25.28/SF). The asset is priced at $3,052,096, reflecting a 6.20% CAP rate, with 3% annual escalations driving consistent income growth across the remaining lease term. The site benefits from an established operating history at a mature, high-visibility location within Cary’s inner commercial ring.


Investment Highlights

  • » PIN: 0754615675
  • » Lot size: 1.14 acres
  • » Zoning: GCCU (General Commercial – Conditional Use, Town of Cary)
  • » Traffic count: ±21,000 VPD on NW Maynard Road
  • » Lease in place through July 31, 2033, providing approximately 7 years of remaining term and 3% annual rent escalations.
  • » Three additional five-year renewal options
  • » PE-backed tenant platform
  • » Established infill location with high-visibility corridor frontage
  • » Affluent surrounding demographics supporting long-term service demand

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
For Sale
$3,052,096
Asking Price