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140 Iowa Ln
Cary, NC 27511 Outlying North Cary/Morrisville

$924,000 USD

Office Condo For Sale  •  3,000 SF

Property Details

  • Property Type Office
  • Total Building Size 5,216 SF
  • Lot Size 4.58 AC
  • Building Class B
  • Year Built 1999
  • Tenancy Multiple
  • Zoning OI
30 Transit Score
60 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 100 Office 3,000 SF $924,000 USD
  • Unit Size: 3,000 SF
  • Condo Use: Office
  • Price: $924,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $308.00 USD
Description
Rare, 3 unit portfolio comprising of an entire floor. 3,000 RSF.total
Unit 101- 544 RSF-leased & renovated in 2025.
Unit 102-956 RSF -leased & renovated in 2025.
Unit 104- 1,500 RSF lease thru 2/28/27. Available for owner occupant.
Each unit has reception, private offices, bathroom, kitchenette and conference room. Separately metered units.
Located in Central Cary across from Goodwill in quiet location. Near the intersection of Kildaire Farm & SW Maynard Roads.

Sale Notes
Great 1031  or Owner Occupant property under a Million dollars.Three adjacent units allowing for tenant growth. Locally managed by professional property management company. All leases have personal guarantees and Tenants vetted by the Owner/Broker.

Description 

Three (3) contiguous, ground level suites for sale with 3 leases in place.
Great opportunity for Investor or Owner. (1,500 SF  Tenant vacating unit 104 Feb 28,2027)
Sale price: $924,000.00 / $308 RSF
Association Dues: $ 882.86 month for
3,000 RSF. PPM Property Management Co.
Real Estate Taxes for 2027: $5,834.05
Constructed in 1999. One owner/broker.
Zoning O & i\I. 
$20,000 in renovations to units 101 & 102 in July 2025.
Foyer updated.
Located in Central Cary across from
Goodwill, close to intersection of Kildaire
Farm Rd and SW Maynard Rds.

Highlights

Quiet location with ground floor entry. Signage on Facade Directory. Parking directly in front of entry. 3 suites offer owner flexibility with Tenants

Property Flyers

Amenities

  • 24 Hour Access
  • Controlled Access
  • Signage
  • Storage Space
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Cary Station (Piedmont - North Carolina by Train (NC Train)) 5 min - 1.8 mi
AirportDriveWalkDistance
Raleigh-Durham International 21 min - 12.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Amy Bush 919-272-2047 KW Commercial
Amy Bush 919-272-2047 KW Commercial