office space for lease...the remaining building 225 is a single-story brick office building with...

16
COMMERCIAL REAL ESTATE COMMERCIAL REAL ESTATE OFFICE SPACE FOR LEASE FIRE STATION PROFESSIONAL PARK 215 Tals Rock Way Cary, NC 27519

Upload: others

Post on 08-Oct-2020

4 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: OFFICE SPACE FOR LEASE...The remaining building 225 is a single-story brick office building with functional perimeter windows that allow for an abundance of natural light. This office

C O M M E R C I A L R E A L E S TAT EC O M M E R C I A L R E A L E S TAT E

OFFICE SPACE FOR LEASEFIRE STATION PROFESSIONAL PARK

215 Tals Rock WayCary, NC 27519

Page 2: OFFICE SPACE FOR LEASE...The remaining building 225 is a single-story brick office building with functional perimeter windows that allow for an abundance of natural light. This office

CityPlatwww.cityplat.com

919.650.2643

107 Fayetteville StRaleigh, NC 27601

Nikita [email protected]

919.412.9038

CONFIDENTIALITY DISCLAIMER

The information contained in this Offering Memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party(ies) receiving it from CityPlat, LLC and should not be made available to any other person or entity without the written consent of CityPlat, LLC. If you are not the intended recipient, you are hereby notified that any retention, dissemination, duplication, forwarding, copying or taking any action in reliance on the contents of this information is strictly prohibited. If you receive this Offering Memorandum in error, whether in electronic or printed form, please notify the sender and destroy the document.

This Offering has been prepared to provide a summary of unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation.

CityPlat, LLC has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property.

The information contained in this Offering has been obtained from sources we believe are reliable; however, CityPlat, LLC has not verified, and will not verify, any of the information contained herein, nor has CityPlat, LLC conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided.

CONTACT

C O M M E R C I A L R E A L E S TA T E

Page 3: OFFICE SPACE FOR LEASE...The remaining building 225 is a single-story brick office building with functional perimeter windows that allow for an abundance of natural light. This office

Green Level Church Rd

Carpenter Fire Station Road

5 miles

3 miles

1 miles

5

Maps &Aerials

11

ExecutiveSummary

5

Site Plans

6

Demographics 15

LocationOverview

14

TABLE OFCONTENTS

Page 4: OFFICE SPACE FOR LEASE...The remaining building 225 is a single-story brick office building with functional perimeter windows that allow for an abundance of natural light. This office

EXECUTIVESUMMARY

Page 5: OFFICE SPACE FOR LEASE...The remaining building 225 is a single-story brick office building with functional perimeter windows that allow for an abundance of natural light. This office

EXECUTIVE SUMMARY

CityPlat is proud to present this exclusive listing featuring Fire Station Professional Park located at 220 Tals Rock Way, Cary, NC 27519. The professional park is almost fully leased with only one building remaining. The remaining building 225 is a single-story brick office building with functional perimeter windows that allow for an abundance of natural light. This office building was built in 2019 and it is conveniently situated in West Cary, at the signalized intersection of Carpenter Fire Station Road and Green Level Church Road. This Park is only three minutes away from Highway 55, about 10 minutes from I-40 and just 5 minutes from I-540. The end cap space of the building has a front and rear entrance.

Consistently named as “The Safest Town in America”, Cary is a much sought- after location to live and work with its’ population growing by more than 20,000 in the last five years. Nearby Research Triangle Park (“RTP”) is one of the largest in the country with a new, master development plan released in 2012 allowing room for more than 100,000 more employees. 2010 US Census placed the Raleigh-Cary MSA at 1,163,515 and according to a recent report by the Urban Institute, the greater Raleigh area is projected to grow by 50 percent between 2010 and 2030.

5 | CityPlat

KEY OFFERING HIGHLIGHTSHigh Visibility5,472 SFStrong DemographicsOpen Shell Space allows for a personalized office design Across the street from new Publix in Amberly Place Shopping CenterJust minutes from RTP with easy access to major Triangle corridors.

Rates are $17.50/sqft NNN + $1.25/sqft in base rent for every $10 of TI requested by tenant with cap of $50 in TI

• $17.50/ sqft - Base rent No TI• $18.75/sqft - $10 in TI provided• $20.00/sqft - $20 in TI• $21.25/sqft - $30 in TI• $22.50/sqft - $40 in TI• $23.75/sqft - $50 in TI

$2.25/sqft TICAM

Page 6: OFFICE SPACE FOR LEASE...The remaining building 225 is a single-story brick office building with functional perimeter windows that allow for an abundance of natural light. This office

SITE PLAN & AVAILABILITY6 | CityPlat

Bldg. 110 | Fully leased - Oak Village Academy (daycare)

Bldg. 210 | Fully leased - Morgan & Allen Insurance

Bldg. 220 | Fully leased - Oak Village Academy Corporate & Triangle Chiropractic and Neurology

Bldg. 225 | WIll be build to suit once tenants are identified. 5,472 SF. Lease rate is $17.50/sqft. Can be subdivided like other spaces.

Bldg. 215 | Fully leased - ExpoLife & Mosaic Family Dentistry

ExpoLifeMosaic Family Dentistry

6,832 S.F.

Page 7: OFFICE SPACE FOR LEASE...The remaining building 225 is a single-story brick office building with functional perimeter windows that allow for an abundance of natural light. This office

BUILDING C FLOOR PLAN7 | CityPlat

AVAILABLE5,472 SF

Page 8: OFFICE SPACE FOR LEASE...The remaining building 225 is a single-story brick office building with functional perimeter windows that allow for an abundance of natural light. This office

BUILDING C ELEVATIONS8 | CityPlat

Building C - East ElevationCommercial Office BuildingSCALE: 1/8” = 1’-0”

Building C - North ElevationCommercial Office BuildingSCALE: 1/8” = 1’-0”

Building C - South ElevationCommercial Office BuildingSCALE: 1/8” = 1’-0”

Building C - West ElevationCommercial Office BuildingSCALE: 1/8” = 1’-0”

Page 9: OFFICE SPACE FOR LEASE...The remaining building 225 is a single-story brick office building with functional perimeter windows that allow for an abundance of natural light. This office

BUILDING C

Page 10: OFFICE SPACE FOR LEASE...The remaining building 225 is a single-story brick office building with functional perimeter windows that allow for an abundance of natural light. This office

LOCATIONOVERVIEW

Page 11: OFFICE SPACE FOR LEASE...The remaining building 225 is a single-story brick office building with functional perimeter windows that allow for an abundance of natural light. This office

11 | CityPlat

MAPS & AERIALS

Page 12: OFFICE SPACE FOR LEASE...The remaining building 225 is a single-story brick office building with functional perimeter windows that allow for an abundance of natural light. This office

12 | CityPlat

MAPS & AERIALS

Green Level Church Rd

Carpenter Fire Station Road

Page 13: OFFICE SPACE FOR LEASE...The remaining building 225 is a single-story brick office building with functional perimeter windows that allow for an abundance of natural light. This office

13 | CityPlat

MAPS & AERIALS

Carpenter Fire Station Road

Green Level Church Rd

Page 14: OFFICE SPACE FOR LEASE...The remaining building 225 is a single-story brick office building with functional perimeter windows that allow for an abundance of natural light. This office

One of the fastest-growing cities in the South, Cary is home to renowned restaurants, world-class shopping, booming business, top-tier entertainment, culture and arts and wide range of leisure and outdoor experiences. MONEY magazine has ranked Cary as one of the country’s “Best Places to Live.” Home of the USA Baseball National Training Complex, a hot spot for soccer with North Carolina Football Club and North Carolina Courage pro soccer teams at WakeMed Soccer Park and summer home of the North Carolina Symphony, Cary is located just 17 minutes from downtown Raleigh.

Cary offers more than 200 dining options. The town is also at the forefront of the area's vibrant brewery scene. The award-winning Bond Brothers Beer Company is a microbrewery and taproom that specializes in kettle sours, IPAs and stouts, and Fortnight Brewing Company specializes in traditional English-style beers that incorporate both British and American ingredients.

With its small-town atmosphere and close proximity to Raleigh, Research Triangle Park and RDU International Airport, Cary provides an impressive variety of recreational, sports, environmental, historical and cultural arts programs and services. One of the area's larger performance venues, Koka Booth Amphitheatre, blends technology with nature, fitting a superior performing arts center in the midst of serene hardwoods and pines by Symphony Lake. Natural beauty also awaits along 35-plus greenway trails open sunrise to sunset, providing more than 70 miles of recreational amenities for walking, jogging and bicycling in a splendid outdoor setting.

RALEIGH-CARY and WAKE COUNTY ACCOLADES

• #1 Among Mid-Sized American Cities of the Future - The Financial Times, April 2015• Among Five American Cities You Should Visit in 2015 - The Huffington Post, February 2015• Among World’s 300 Largest Metropolitan Economies in 2014 - Brookings Institution, January 2015• #3 Among Best Metro Areas for STEM (Science, Technology, Engineering & Math) Professionals - WalletHub, January 2015• #7 Among America’s Smartest Cities (Raleigh) - Forbes, November 2014• #1 Among The U.S. Cities Attracting The Most Families (Raleigh MSA) - Forbes, September 2014• #1 Among The Best Places for Business and Careers - Forbes, July 2014• #3 Among 10 Fastest Growing Cities - CNNMoney, March 2014• #2 Among America’s 20 Fastest-Growing Cities - Forbes, February 2014

CARY, NC14 | CityPlat

Page 15: OFFICE SPACE FOR LEASE...The remaining building 225 is a single-story brick office building with functional perimeter windows that allow for an abundance of natural light. This office

5 miles

3 miles

1 miles

2019 Summary

Population

Households

Families

Average Household Size

Owner Occupied Housing Units

Renter Occupied Housing Units

Median Age

Median Household Income

Average Household Income

 

2024 Summary

Population

Households

Families

Average Household Size

Owner Occupied Housing Units

Renter Occupied Housing Units

Median Age

Median Household Income

Average Household Income

1 Mile

12,682

4,595

3,416

2.76

3,985

610

35.4

$140,064

$164,190

 

 1 Mile

15,563

5,606

4,147

2.77

4,840

766

34.1

$153,859

$180,250

5 Miles

117,634

43,541

30,815

2.70

31,599

11,942

36.2

$116,754

$145,717

 

 5 Miles

136,686

50,536

35,475

2.70

36,509

14,027

35.7

$126,318

$159,041

3 Miles

48,147

17,643

12,418

2.73

13,337

4,306

35.7

$127,032

$155,911

3 Miles

57,593

21,008

14,687

2.74

15,803

5,205

34.2

$143,028

$171,428

DEMOGRAPHICS15 | CityPlat

Page 16: OFFICE SPACE FOR LEASE...The remaining building 225 is a single-story brick office building with functional perimeter windows that allow for an abundance of natural light. This office

C O M M E R C I A L R E A L E S TAT E

CityPlatwww.cityplat.com

919.650.2643

107 Fayetteville StRaleigh, NC 27601

Nikita [email protected]

919.412.9038