1070 Darrington Drive

1070 Darrington Drive, Cary, NC 27513

  • For Sale $3,000,000
  • Property Type Retail - Freestanding
  • Property Size 2,500 SF
  • Lot Size 0.95 Acre
  • Property Tenancy Single Tenant
  • Year Built 2024
  • Date Updated Mar 28, 2025
The property is located in a neighborhood retail center at the intersection of NW Cary Parkway and James Jackson Avenue in Cary, close to Prestonwood Country Club and Park West Village shopping center.Brand new 10-year corporate Starbucks NN lease located in Cary, one of the fastest-growing and most affluent markets in North Carolina. Built in 2024, this 2,500 SF build-to-suit store features a drive-thru and benefits from 23,500 VPD on NW Cary Parkway. The site is surrounded by an affluent residential customer base and is located less than one mile from Park West Village shopping center. Lease includes 10% rent increases every five years and six 5-year options with no kick-out clause.
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Highlights

  • Brand new 2024 construction - 2,500 SF Starbucks with drive-thru
  • 10-year NN lease with Starbucks
  • Approximately 9 years, 3 months remaining on lease
  • No kick-out option in place
  • 10% rent escalations every five years, including in six 5-year renewal options
  • Positioned on NW Cary Parkway (23,500 VPD) at a signalized intersection
  • High-growth location in Cary near RTP and RDU Airport
  • Affluent demographics with an average household income of $190,000 in a one-mile radius
  • $157,000 NOI | 5.25% cap rate | $3,000,000 sale price

Contacts

broker

Lee & Associates

Location

Getting Around

  • Walk Score ®

    55/100 Somewhat Walkable
  • Transit Score ®

    27/100 Some Transit
  • Bike Score ®

    67/100 Bikeable
Powered by Walk Score ®
  • City Cary, NC
  • Neighborhood Glenkirk
  • Zip Code 27513
  • Market Raleigh Durham

Points of Interest

  • Zone 1: Prearranged Services

    5.29 miles

  • Zone 4: Limos

    5.36 miles

  • Raleigh

    9.61 miles

Frequently Asked Questions

How much does 1070 Darrington Drive cost?

The space currently listed for sale at 1070 Darrington Drive asks for $3,000,000.

What is the total square footage of 1070 Darrington Drive?

1070 Darrington Drive totals 2,500 square feet.

When was this property built?

1070 Darrington Drive was built in 2024.

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Contact Listing Broker
broker

Lee & Associates

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