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3rd Floor - Unit 310A
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Medical Office
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3,786 SF
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$1,700,000 USD
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Unit Size: 3,786 SF
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Condo Use: Medical Office
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Price: $1,700,000 USD
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Sale Type: Investment
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Price/SF: $449.02 USD
Description
This medical office condominium is located within a 33,354 SF medical office building (MacGregor Medical Center) neighboring a wide mix of restaurants, retail, and residential developments. The opportunity allows an investor to acquire a stabilized medical office asset with a long term, established tenant in place while maintaining limited landlord responsibilities.
https://pocketlisting.io/cary-medical-office
Sale Notes
Medical Office Condo – Sale-Leaseback | 7.2% Cap | Physician Tenant
Excellent opportunity to acquire a medical office condo in Cary's established MacGregor Medical Center, offered as a sale-leaseback with a physician tenant already in place.
Investment Highlights:
Price: $1,700,000
NOI: $121,000
Cap Rate: ~7.2%
Sale-leaseback structure with in-place physician tenant — immediate, passive income
Located within a Class A, ~33,000 SF outpatient medical office building with a prominent exterior and first-rate finishes throughout
Location:
Positioned just off Hwy 64 in one of the fastest-growing submarkets in the Triangle, offering excellent connectivity to Raleigh, RTP, and greater Wake County. The immediate area includes abundant shopping and retail (Lake Pine Plaza, Costco), and the building itself hosts an established roster of medical specialties, reinforcing its identity as a recognized healthcare destination. Ample on-site parking with secure, 24-hour keypad access.
Ideal for 1031 exchange buyers or investors seeking stable, medical-use income backed by a proven tenant in a high-growth market.
https://pocketlisting.io/cary-medical-office
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