FOR LEASE > MEDICAL/OFFICE 7560 CARPENTER FIRE STATION RD CARY, NC 27519 BAXTER WALKER Senior Vice Presien Direc (919) 582-3112 baxer.walker@colliers.com KATHY GIGAC Direcor Of Leasing Direc: (919) 582 3130 kahy.gigac@colliers.com THE PARK @ WEST CARY COLLIERS INTERNATIONAL RALEIGH-DURHAM 702 Oberlin Roa Suie 400 Raleigh, NC 27605 Colliers.com/ru
PROPERTY DETAILS ADDRESS 7560 Carpener Fire Saion PARKING 136 Spaces, Parially Cary, NC 27519 Covere Parking Spaces AVAILABLE SF Esimae a ±30,000 SF AVAILABILITY Shell Space wih upfi LEASE RATE $24.00/ SF NNN allowance base on erms TICAM $5.00/SF ZONING GCP FEATURES ±41,082 SF Builing 3 sories Buil in 2017 P.2
R WILLIAM B UMSTEAD STATE PARK R Dixie Tr Ew WakeMe Cary Hospial ±21 Minue RDU Inernaional Airpor ±16 Minues Research Triangle Park ±14 Minues Downown Durham ±24 Minues Downown Raleigh ±34 Minues R se R hurc h R Peebles R Garn er R eve lc Eas nl R 8,220 VPD rpe ne Ten -Te n r Fir e Saion Roa 9,000 VPD Ca Ol Sage R Holly Springs CONVENIENCE Timber Dr Gr ee wy er Lak Faye eville H NC 55 Bypass N Main S se SH w y1 Sun 11 10 e R Sa Lake Wheeler R R O Ten son 1 Ben wy SH l U Ne u er sag Sau Garner R Ten of Fa lls Ol R use Ne of Dr pus am in C Ma eville Holly Faye Sprin gs R nr Poole R Hammon R ss Apex Try o New Bern Ave S New Hope R Faircloh S Mill R Kilaire Farm R Davis Dr ars CHAT HA WAKE M CO. CO. liam R Tryon Garner R Wil S Sauners S s We US 64 Lake Johnson S Ave u SW Ca DOWNTOWN Poo RALEIGH le R nr Wa ln ry Pkwy Wae Ave erli er ham S Triniy R woo Cary ous Glen Eas Cha Ob hh R Glen Een Dr Trenon R Morri Hig Honeycu R R ans Morrisville y sville Pkw Buff aloe es y Hw Ev x Ape NC 751 Joran Lake Ol Milburnie R E Millbrook R Poyner R Pkw R burg Louis Michell Mill R Ca ry Glen in S Fox R Shelley Millbroo Lake k R Sunnybrook R Creemoor R R Lynn Lassi er Mil l r Dav is D Airpo r Blv y R R a SM Jon Davis Dr ion Avia ar How IN SITE: 7560 Carpener Fire Saion Roa R Rog ers e R L A U ION RDNAT ORT R P TE AIR Nelson R ille R reek ry C Per esv Baileywick R Sricklan R Green R Le R Fal ls Lumley R Ave Wa Dunn R Alanic Av e Ave Wa i SITE Hwy 9,860 VPD VPD 7,800 73 0V PD SM Globe R Duran Six Forks R RESEARCH TRIANGLE PARK Six Forks R iami Blv 54 Apex H wy Hwy nw oo Creemoor R DURHAM C ORANGE C O. O. R Gle Wake Fores R ill Jonesv Sae Dr Norwoo R Ray R Durham Ligon Mill R leigh NC 54 em DU R WA HAM KE CO CO..Ol Cre Blv T W Ale xaner Six Forks R iami SM Hope Valley R LOCATION & DRIVE TIMES Durham R Foresville R Hwy Capial Blv Fores Wake ay S oor R Hollow FRA N WA K K igh wl Ne isbu ry DURHAM Lou 9h S US 1 A Falls Lake 2, B lv TRAFFIC COUNTS P.3 es 42 W
DEMOGRAPHICS POPULATION 1 mile 3 miles 5 miles 2000 Populaion 602 6,914 38,847 2010 Populaion 6,630 31,797 84,607 2017 Populaion 10,080 48,799 112,281 2022 Populaion 12,561 58,420 130,073 2000-2010 Annual Rae 27.11% 16.48% 8.09% 2010-2017 Annual Rae 5.95% 6.09% 3.98% 2017-2022 Annual Rae 4.50% 3.66% 2.99% 2017 Male Populaion 48.9% 48.6% 49.0% 2017 Female Populaion 51.1% 51.4% 51.0% 2017 Meian Age 33.1 35.5 35.9 HOUSEHOLDS 1 mile 3 miles 5 miles 2000 Househols 253 2,625 14,242 2010 Househols 2,466 11,703 31,401 2017 Toal Househols 3,761 17,607 41,140 2022 Toal Househols 4,660 20,972 47,495 2000-2010 Annual Rae 25.57% 16.12% 8.23% 2010-2017 Annual Rae 5.99% 5.80% 3.80% 2017-2020 Annual Rae 4.38% 3.56% 2.91% 2017 Average Househol Size 2.68 2.77 2.73 Curren meian househol income is $106,137in he area, compare o $56,124 for all U.S. househols. Meian househol income is projece o be $110,912 in five years, compare o $62,316 for all U.S. househols. Curren average househol income is $132,966 in his area, compare o $80,675 for all U.S. househols. Curren per capia income is $48,474in he area, compare o he U.S. per capia income of $30,820. The per capia income is projece o be $53,993 in five years, compare o $34,828 for all U.S. househols. MEDIAN HOUSEHOLD INCOME 1 mile 3 miles 5 miles 2017 Meian Househol Income $116,864 $112,607 $106,137 2022 Meian Househol Income $124,251 $119,998 $110,912 2017-2022 Annual Rae 1.23% 1.28% 0.88% AVERAGE HOUSEHOLD INCOME 1 mile 3 miles 5 miles 2017 Average Househol Income $141,124 $143,097 $132,966 2022 Average Househol Income $158,646 $160,762 $147,771 2017-2022 Annual Rae 2.37% 2.36% 2.13% PER CAPITA INCOME 1 mile 3 miles 5 miles 2017 Per Capia Income $49,463 $51,376 $48,747 2022 Per Capia Income $55,308 $57,422 $53,993 2017-2022 Annual Rae 2.26% 2.25% 2.07% HOUSING 1 mile 3 miles 5 miles 2000 Toal Housing Unis 264 2,876 15,623 2000 Owner Occupie Housing Unis 184 2,014 10,810 2000 Rener Occupie Housing Unis 69 611 3,431 2000 Vacan Housing Unis 11 251 1,382 2010 Toal Housing Unis 2,728 12,857 33,724 2010 Owner Occupie Housing Unis 1,780 8,337 21,728 2010 Rener Occupie Housing Unis 686 3,366 9,673 2010 Vacan Housing Unis 262 1,154 2,323 2017 Toal Housing Unis 4,132 19,335 44,155 2017 Owner Occupie Housing Unis 2,542 11,603 26,610 2017 Rener Occupie Housing Unis 1,219 6,004 14,530 2017 Vacan Housing Unis 371 1,728 3,015 2020 Toal Housing Unis 5,121 23,067 51,069 2020 Owner Occupie Housing Unis 3,200 13,877 30,570 2020 Rener Occupie Housing Unis 1,459 7,095 16,926 2020 Vacan Housing Unis 461 2,095 3,574 Currenly, 60.3% of he 44,155 housing unis in he area are owner occupie; 32.9%, rener occupie; an 6.8% are vacan. Currenly, in he U.S., 55.6% of he housing unis in he area are owner occupie; 33.1% are rener occupie; an 11.3% are vacan. In 2010, here were 33,724 housing unis in he area - 64.4% owner occupie, 28.7% rener occupie, an 6.9% vacan. The annual rae of change in housing unis since 2010 is 12.72%. Meian home value in he area is $350,907, compare o a meian home value of $207,344 for he U.S. In five years, meian value is projece o change by 1.21% annually o $372,695. Source: ESRI Business Analys P.4
CARY, NC Consisenly ranke as one of he Bes Places o Live an Work in he counry, Cary is a hriving communiy in he hear of he Triangle, jus minues from he Research Triangle Park. Wih over 150,000 resiens, i is he secon larges own in Wake Couny an he hir larges municipaliy in he Triangle Area. Anoher suy, of populaion growh beween 2010 an 2013, shows Cary as he fourh-fases growing ciy among hose wih a populaion greaer han 100,000. Cary saw 11.7 percen growh uring he hree-year perio, from 135,234 o 151,088, accoring o he U.S. Census Bureau. I was he only ciy eas of he Mississippi in he op 10. Accoring o ESRI, 27518 is he wealhies zip coe in he Triangle. The Triangle Business Journal repore, A comprehensive look a he op 25 wealhies neighbourhoos reflecs a region abou o creae housans of millionaires in he coming years. The suy covers ne worh, househol income, isposable income, home value an several oher facors. Downown Cary is growing rapily an in recen years has arace many new businesses an young enrepreneurs wih nearly $500 million invese in improve infrasrucures an resources. Home o several global an naional companies like SAS Insiue, MeLife, RIM, John Deere, Kellogg s, an Siemens, Cary s workforce is unrivalle an aracs op employers ha seek he area s mos eucae ciizens, incluing he 61.5% of auls wih a bachelor s egree or higher an 24.5% of auls wih Maser s or Docorae egrees. Eucaion is an imporan face of he Cary communiy. Cary is par of Wake Couny Public Schools, a naionally ranke sysem ha is comprise of four high schools, five mile schools an 17 mile schools which is he 18h larges in he Unie Saes. The suen o eacher raio in Cary for public schools is 16:1, which is 10.9% greaer han he Norh Carolina suen o eacher raio an 2% greaer han he Naional suen o eacher raio. Aiionally, Cary is less han 25 miles away from Duke Universiy, N.C. Sae Universiy, an he Universiy of Norh Carolina a Chapel Hill. These universiies, along wih feeral labs an conrac research companies conuc more han $2 billion annually in research an evelopmen. Cary is also convenienly locae wihin minues of some of he worl s bes meical care incluing WakeMe Cary Hospial, UNC Hospials, Rex Hospial an Duke Universiy Meical Cener. AREA RECOGNITION Cary has lowes oal crime rae in he Unie Saes Base upon aa recenly publishe in he FBI s annual Uniform Crime Repor (UCR) an reviewe by he Town of Cary s Crime Analysis Uni, Cary, Norh Carolina has he lowes crime rae in America among municipaliies wih populaions of 100,000-500,000 #8 Mos Liveable Ciy in America (MSN Money) #2 Fases Growing US Mero Through 2020 (Raleigh-Cary) by US Mero Economics #13 Bes Performing Ciy by Milliken Insiue (Raleigh-Cary) #3 Bes Mi-Size Ciy o Move o by Movao Ranke in The 10 Bes Ciies in Norh Carolina by Movao #2 Bes Ciy for Early Reiremen Kiplinger Raleigh-Cary #5 Top Mi-Size College Ciy in America by he American Insiue for Economic Research (AIER) Raleigh-Cary MSA ranke he #2 place creaing ech jobs by Forbes #3 in he Naion for Safe U.S. ciies wih populaions of 100,000 o 499,999 (CQ Press) P.5
MEDICAL PARKS OF CARY As Wake Couny coninues o grow, he nee for more physicians offices increases encouraging more meical office conrucion. In orer o fulfill his nee, a 10-acre was purchase an carrie by he Cenre Group, Inc, of which William T. Smih was Presien of a he ime, hrough esign an consrucion of he 100,000 square foo meical office park ajacen o Wesern WakeMe Cener in Cary, NC. The esign an evelopmen was coorinae closely wih WakeMe s execuive managemen eam. This projec was complee hrough he applicaion of a privae/public parnership wih Wake Couny. The Meical Park inclue eigh builings ranging in size from 6,200 square fee o 20,000 square fee in size. The iniial markeing an leasing of his Meical Park was complee by Cener Group, Inc. in less han hree an a half years o over 40 ifferen meical enans, firs of which was WakeMe. These builings are owne an manage by a separae company bu currenly remain 100% lease. WAKE MED IN CARY WakeMe Cary Hospial is a full service hospial locae off Kilaire Farm Roa in Cary NC. The hospial offers many services o he communiy incluing criical care, emergency, enoscopy, hear an vascular services, imaging, lab, neuroiagnosics, maerniy, rehabiliaion, surgical, ransfusion an pain managemen. Saisics show ha over he pas year he hospial has seen over 62,938 paiens visi he emergency room wih 10,237 amissions, 3,526 inpaien an 6,225 oupaien surgeries. The hospial currenly has 11 operaing rooms wih 156 bes who require aiional meical care. I no only serves one of he fases growing areas in he marke, i is also he only hospial in wesern Wake Couny an he closes full-service hospial for paiens ha resie in Lee an Harne counies. In 2017 WakeMe aminisraors announce he aiion of 52 new bes an an operaing suie a Cary faciliy. While he primary flagship is locae in Raleigh, he N.C. Deparmen of Healh an Human Services says hey have seen a growh in paien eman for meical services grow much faser in Cary han in Raleigh. The planne Chaham Park communiy is a primary river in he anicipae paience increase for he Cary WakeMe Faciliy. The communiy calls for 22,000 new homes wih as many as 60,000 new resiens near Joran Lake an Pisboro. In aiion, being locae in he one of he fases growing areas in he marke as well as he increasing eman of elerly resiens has conribue o a high eman of meical services. Kilaire Farm R The Meical Park of Cary Sources: hp://accessmeicalevelopmen.com/he-meical-park-of-cary/ hps://healh.usnews.com/bes-hospials/area/nc/wake-meical-cary-hospial-636118a P.6