Listing courtesy of CityPlat
594 E Chatham Street 120, 122, 124, Cary, NC (MLS #10189756)
Home For Sale in Cary, NC
594 E Chatham Street 120, 122, 124
Own income-producing real estate near Cary, NC. This 100% leased, 4,125 SF retail building comprised of 3 condos at 594 E Chatham St throws off $66,894 in NOI on day one, a 7.04% cap at the asking price. Fully leased Cary product under $1M with two established local tenants rarely hits the market. Don't miss your chance. Built in 2000; brick, single story, central HVAC $81,888 in-place gross rent; both leases gross, $14,994 total owner expenses NC Strength Gym through 1/2031 (3% bumps); Tully's Tattoo personally guaranteed (4% bumps) Zoned GC (General Commercial); Wake County REID 0285323 Downtown Cary trade area; 10 mi to Raleigh, 12 mi to RTP and RDU