Industrial Properties in Cary, North Carolina, offer a unique investment opportunity for those looking to capitalize on the town's strong economy and growing population. With a rich history and a strong presence of technology companies, Cary has evolved into an educational center, making it an attractive location for industrial investments. Industrial Properties in Cary represent a diverse range of investments, from manufacturing facilities to warehouses and distribution centers, providing a wide range of opportunities for investors. The town's infrastructure, including the Cary/Apex Water Treatment Facility, Duke Energy, and Dominion Energy, supports the growth of industrial businesses. Additionally, Cary's location near the Research Triangle Park and its proximity to major transportation hubs, such as the Raleigh-Durham International Airport and Interstate 40, make it an ideal location for industrial investments. The town's high educational attainment, safety rankings, and above-average household income also contribute to its appeal as a prime location for industrial investments.
Cary, North Carolina, is home to 7 Industrial Properties for sale, offering a range of options for investors. The average price per square foot for Industrial Properties in Cary is $280 USD, with an average size of 26,965 square feet. The largest Industrial Property available in Cary spans 50,400 square feet. In addition to Industrial Properties, Cary also offers Warehouses, with their own unique characteristics and investment opportunities. The town is also home to Land, Apartment Buildings, and Commercial Real Estate, each with its own advantages and disadvantages. With its strong economy, excellent infrastructure, and growing population, Cary is an attractive location for investors looking to capitalize on the town's growth. Overall, Industrial Properties in Cary offer a unique investment opportunity, with the town's strong economy, excellent infrastructure, and growing population making it an attractive location for investors.
What is the average price per square foot for industrial properties in Cary?
The average price per square foot for industrial properties in Cary is $280 USD.
How do location and transportation access affect industrial property values?
When it comes to industrial properties for sale in Cary, location and transportation access play a significant role in determining property values, as they directly impact the ease of doing business, logistics, and overall operational efficiency.
- Proximity to major transportation hubs, such as the Raleigh-Durham International Airport (RDU) and the Cary Station, which offers Amtrak services, can increase property values due to the convenience and accessibility they provide for businesses and their clients.
- Easy access to major highways, including Interstate 40, U.S. 1, U.S. 64, NC 54, NC 55, and NC 540, can also boost property values, as they facilitate the transportation of goods and services.
- Furthermore, the availability of public transportation options, such as GoCary, can also contribute to higher property values, as they provide an alternative mode of transportation for employees and customers.
Currently, there are 7 industrial properties for sale in Cary, with an average price per square foot of $280 USD and an average size of 26,965 square feet. The largest available property spans 50,400 square feet, and the average cap rate is 5.43%.
