594 Chatham Street

Cary, NC 27511
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42 images $950,000 View home

594 E Chatham Street # 124, Cary NC 27511

4,125 sqft

Status: Active, MLS #10189756 Courtesy of CityPlat.
Active ID# 10189756

594 Chatham Street

Cary, NC 27511
Active ID# 10189756

Own income-producing real estate near Cary, NC. This 100% leased, 4,125 SF retail building comprised of 3 condos at 594 E Chatham St throws off $66,894 in NOI on day one, a 7.04% cap at the asking price. Fully leased Cary product under $1M with two established local tenants rarely hits the market. Don't miss your chance. Built in 2000; brick, single story, central HVAC $81,888 in-place gross rent; both leases gross, $14,994 total owner expenses NC Strength Gym through 1/2031 (3% bumps); Tully's Tattoo personally guaranteed (4% bumps) Zoned GC (General Commercial); Wake County REID 0285323 Downtown Cary trade area; 10 mi to Raleigh, 12 mi to RTP and RDU

$950,000 bedrooms full bathrooms 4,125 square feet $230 per square foot
  • Construction Materials Brick
  • Cooling Y/N Yes
  • Flooring Wood
  • Heating Y/N Yes
  • Tax Annual Amount 5417
  • Year Built 2000

Additional Property Information

  • TypeRetail
  • Built2000
  • Neighborhood
  • CountyWake
  • AreaCary
  • Elementary School
  • Middle School
  • High School
More Info on School Ratings

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