Licensed North Carolina Real Estate Broker — Affiliated with G Brokerage

Sell Your Commercial Property in Cary, NC

Cary is consistently ranked among America's best places to live, and those rankings translate directly into commercial real estate performance. With a median household income exceeding $110,000, top-rated schools, and a population that has more than doubled in 20 years, Cary's commercial properties benefit from demographics that many markets envy. SAS Institute's global headquarters, the growing Epic Games campus, and proximity to Research Triangle Park create a technology-driven economy that supports premium rents and compressed cap rates across retail, office, and medical property types.

No upfront feesConfidential process$500K - $10M+ properties
2x
Dual Expertise
Business broker + CRE advisor. Most brokers only do one.
90
Day Avg. to Offer
Well-priced properties with strong financials attract fast offers.
$0
Upfront Cost
Success-based fees only. You pay nothing until your property sells.
Market Intelligence

Cary Commercial Real Estate Market

Cary's commercial real estate market benefits from what may be the most attractive demographic profile in the Carolinas: median household incomes above $110,000, educational attainment rates among the highest in the Southeast, and a population that has grown from 50,000 to over 180,000 in three decades. This demographic density creates commercial demand that outpaces most similarly sized cities — retailers, restaurants, and service providers compete for Cary locations because the spending power per household is exceptionally high.

SAS Institute, one of the world's largest private software companies, anchors Cary's technology economy from its 900-acre campus. Epic Games' expanding headquarters adds gaming and interactive entertainment demand. These anchor employers, combined with thousands of Research Triangle Park commuters who choose Cary for its schools and quality of life, create a professional workforce that supports premium office rents, high-end retail, and specialized medical and dental practices. The Fenton mixed-use development has added a new premium retail destination that's attracting regional traffic.

For sellers, Cary's market dynamics are straightforward: supply is constrained by geography (surrounded by Raleigh, Morrisville, and Apex) and zoning (the town maintains strict development standards), while demand is driven by affluent demographics and corporate employment. This supply-demand imbalance supports property values and creates competitive bidding for well-positioned assets. Buyers range from local investors who know Cary's market intimately to institutional capital attracted by the demographics and the Triangle's growth story.

180,000+
Population
2.5% annually
Annual Growth
108000
Median Income
0.028
Unemployment
Major Employers: SAS Institute, MetLife, Fidelity Investments, Epic Games, Kforce
Economic Drivers: Technology, Software, Financial Services, Healthcare, Professional Services
What's Selling

Top Property Types in Cary

01

Office & Tech

Cary's affluent demographics drive premium retail performance that exceeds most North Carolina markets. The Fenton mixed-use district, Waverly Place, Crossroads Plaza, and the Kildaire Farm Road corridor each serve distinct catchment areas with household incomes far above state averages. Restaurant and experiential retail tenants generate particularly strong rents, as Cary residents spend heavily on dining and lifestyle. Grocery-anchored centers with Harris Teeter, Whole Foods, or Wegmans (the retailer's first NC location was in Cary) are extremely liquid investment properties.

02

Retail & Mixed-Use

Cary's population density and affluent demographics create outsized demand for medical office, dental practices, and specialty healthcare. Properties along Kildaire Farm Road, near WakeMed Cary Hospital, and along the Tryon Road medical corridor see vacancy rates well below the Triangle average. Dermatology, orthodontics, concierge medicine, and pediatric specialty practices compete for premium medical space. Multi-tenant buildings with a diversified mix of healthcare specialties attract both local physicians and national medical REITs as investors.

03

Medical & Professional

SAS Institute and Epic Games anchor Cary's office market, but the broader demand comes from thousands of technology professionals and professional service firms choosing Cary for its quality of life and proximity to RTP. Office properties along Weston Parkway, Regency Parkway, and the Harrison Avenue corridor benefit from Cary's educated workforce and corporate connectivity. Modern, amenity-rich office buildings with collaborative space and outdoor features outperform dated office parks.

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Market Data

Cary Cap Rate Ranges

Property TypeTypical Cap Rate
Industrial5.5% - 7.0%
Retail5.5% - 7.5%
Office6.0% - 8.0%
Mixed-Use5.5% - 7.0%
NNN Lease4.5% - 6.0%

Cap rates in Cary are among the lowest in the Triangle, reflecting affluent demographics, strong tenant demand, and limited inventory.

Your Advisor

Why Cary Property Owners Work With John Salony

Dual Expertise

Most CRE agents don't understand business valuations. Most business brokers don't do real estate. John does both, giving you a complete picture of your property's value.

No Wasted Time

Pre-qualified buyers. Realistic pricing from day one. Clean financials and marketing materials that attract serious offers, not tire-kickers.

Confidential Process

Your tenants, employees, and competitors won't know you're selling until you're ready. Every step is managed with discretion.

Success-Based Fee

You pay nothing upfront. John's fee is earned only when your property sells. Your interests are fully aligned.

Common Questions

Selling Commercial Property in Cary

Office and tech properties are the strongest performers, followed by retail in high-income corridors and medical office.
Most sales take 3 to 8 months. Strong buyer demand means well-priced properties can attract multiple offers.
Cary's cap rates are among the most compressed in the Triangle, reflecting the town's premium demographics. Retail trades at 5.0% to 7.0%, with Fenton and grocery-anchored centers at the low end. Medical office ranges from 5.0% to 7.0%, driven by affluent patient demand. Office varies from 6.0% to 8.0%, with SAS-area and modern properties tightest. NNN properties with national tenants regularly trade below 5.0% in Cary. Overall, expect rates 50 to 100 basis points tighter than greater Raleigh.
Yes — Cary's affluent market creates strong combined transaction opportunities, particularly for medical practices, dental offices, and specialty retail businesses where the Cary location is integral to the business's value and patient/customer base. John Salony structures these dual transactions to capture the premium that Cary's demographics add to both the business operations and the underlying real estate. Sale-leaseback options are available for owners who want to monetize real estate while continuing to serve their Cary clientele.
Cary's demographics continue strengthening — household incomes are rising, the town's population growth remains steady, and new developments like Fenton and Downtown Cary Park add commercial density. SAS Institute's stability and Epic Games' expansion provide employment anchors. Supply constraints from geographic limits and strict zoning standards protect existing property values. For Cary property owners, the fundamental question isn't whether the market is strong — it is — but whether your specific property is positioned to capture full value. A confidential consultation provides that clarity.
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