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Investment Opportunity INVESTMENT OPPORTUNITY K i ld a i re Fa rm R d. Tryon Rd. 400 KEISLER DRIVE MEDICAL OFFICE: 400 KEISLER DRIVE CARY, NC 27518 Waverly Place Tenant: Carolina Back Institute WakeMed PREPARED BY: Francis T. Quinn, Jr. Colliers International President/COO Raleigh-Durham Direct (919) 582-3150 702 Oberlin Road Suite 400 [email protected] Raleigh, NC 27605 TABLE OF CONTENTS > PROPERTY PROFILE Site Information Zoning, Topography & Blueline Streams Property Photos Location & Drive Times > MARKET DEMOGRAPHICS Surrounding Retail Waverly Place & Koka Booth Amphitheatre Waverly Place Renovations Surrounding Medical Office Users Demographics Wealth and Success of Residents Cary, NC The Triangle Region > ADDITIONAL PHOTOS PROPERTY PROFILE P.2 PROPERTY PROFILE SITE INFORMATION TENANCY Fully Occupied by PARKING Ample Parking Carolina Back Institute REID # 0204760 ADDRESS 400 Keisler Dr. Cary, NC 27518 ZONING OI LAND AREA ±3.43 acres ACCESS Keisler Drive COUNTY Wake County BUILDING DETAILS 17,007 SF 1 story NC PIN # 0762640857 Built in 1995 Brick exterior H e r e f o r d L n 806.05’ L o n g B r a n c 345.43’ h New Waverly Place Tryon Rd. 417.01’ N e w W a v e r l y P l r d r D R sle on Kei Try Disclaimer Keisler 4 iMaps makes every effort to produce and publish 0 50 100 200 Feet the most current and accurate information possible. However, the maps are produced for information purposes, and are NOT surveys. No warranties, expressed or implied, ± 1 inch = 100 feet are provided for the data therein, its use,or its interpretation. *Source: Wake County tax records PROPERTY PROFILE P.4 ZONING, TOPOGRAPHY & BLUELINE STREAMS Th 30 o 0 4 0 rn 44 8 e R40 ¤£1 3 w o 0 o 3 d 4 y K 50 R40 i D w l 4 d H r s 1 a i U r l e r T y ey w F ns R40 H a uer 1 r G s m U 40 4 0 R 3 H d 4 e r e OI f £1 R12 0 ¤ o r 1 d 4 L n 0 3 1 7 0 R12 4 0 39 0 42 3 R40 8 0 4 2 n 0 L 3 od 9 Waxwo 0 0 41 4 0 0 4 00 370 50 4 L 390 o n K g e i B s l r e a r n D c r h OI N 410 e w 0 W 45 a v e r R20 l y 4 0 3 P 44 l OI 0 0 4 43 4 0 4 1 0 y Wa R40 es ad lon GCCU Co Sp R20 ri ng br 0 oo 43 k GCCU Pl 3 8 0 0 4 4 A 0 m 6 b 3 i a n c 400 e 0 L 2 n 4 Rd 0 PDDMajor 7 on 0 Try 30 3 1 4 4 Disclaimer Keisler 3 iMaps makes every effort to produce and publish 0 100 200 400 Feet the most current and accurate information possible. However, the maps are produced for information purposes, and are NOT surveys. No warranties, expressed or implied, ± 1 inch = 200 feet are provided for the data therein, its use,or its interpretation. PROPERTY PROFILE P.5 PROPERTY PHOTOS PROPERTY PROFILE P.6 PROPERTY PHOTOS PROPERTY PROFILE P.7 West Green St NC 561 Roxboro Rd NC 57 West Center St NC 86 East Main St NC 56;NC 581 NC 50 Revere Rd US 15 Main St US 70 ENO RIVER Saddle Dr RdRoxboro NC 56 Graham Rd STATE PARK S Bickett Blvd Mort Harris Rd Old Weaver Tr US 70 Bypass Graham S 5th St Bruce Garner Rd US 70 Business GRANVILLE CO. Park Ave US 401 NC 581 NC 119 WAKE CO. Guess Rd NC 86 Hillsborough Rd Falls Lake US 1A 9th St LOCATION & DRIVENew Light Rd TIMESFRANKLIN CO. DURHAM WAKE CO. Holloway St Wake Forest Hwy Durham Rd Durham Rd Wake Forest Wait Ave NC 54 Old Creedmoor Rd S Miami Blvd Wait Ave East Wait Ave NC 98 Main St Six Forks Rd Capital Blvd Hope Valley Rd Hope Valley Creedmoor Rd Norwood Rd Old Falls of Neuse Rd WAKE CO. DURHAM CO. Louisburg Rd Rogers Rd Dunn Rd T W Alexander Dr Zebulon Rd N Fordham Blvd Ray Rd Durant Rd Honeycutt Rd West Main St Rd Six Forks NC 54 Glenwood Ave S Main St Chapel Hill State Hwy 54 S Miami Blvd Baileywick Rd Forestville Rd S Rd Jonesville Rd Raleigh Rd Ligon Mill Rd Apex Hwy Lumley Rd Carrboro R Globe Rd Strickland Rd NC 54 Leesville Rd Falls of Neuse Rd Perry Creek Rd T Creedmoor Rd Louisburg Rd Fordham Blvd S P Six Forks Rd Rolesville Rd Davis Dr Mitchell Mill Rd Nelson Rd Howard Rd Louisbury Rd Old US Hwy 64 RDU ORANGE CO. Lynn Rd DURHAM CO. Fox Rd A Rd Peebles I NC 231 Old Milburnie Rd Davis Dr WILLIAM B UMSTEAD ShelleyMillbrook Rd STATE PARK Lake E Millbrook Rd Poyner Rd Bualoe Rd Airport Blvd Green Rd US 15;US 501 Shepard School Rd Apex Hwy NC 751 Aviation Pkwy Evans Rd NC 97 Atlantic Ave East Gannon Ave Lassiter Mill Rd Morrisville Trenton Rd Glen Eden Dr Old US Hwy 264 Glenwood Ave Morrisville Pkwy Zebulon Rd Jordan Dixie Tr Wade Ave Hwy 97 US 264 Alternate Trinity Rd New Bern Ave Lake High House Rd Mack-Todd Rd East Chatham St Oberlin Rd East Finch Ave Cary Faircloth St DOWNTOWN Chapel Hill Rd Edwards Mill Rd Wendell Blvd NC 39 RALEIGHPoole Rd Rd Hope New S WAKE CO. Walnut St NC 87 Garner Rd CHATHAM CO. Lake Rd Sunnybrook S Saunders St Davis Dr Johnson SW Cary Pkwy Poole Rd West Williams St Main Campus Dr Chapel Hill Rd Kildaire Farm Rd Tryon Rd Tryon Rd NC 87 US 64 Hammond Rd US 64 Business Apex WAKE CO.Bualo Rd 400 Keisler Dr. Rd Fayetteville Jones Sausage Rd East St JOHNSON CO. Holly Springs Rd Jordan Garner NC 87;NC 902 Ten Ten Rd Lake Benson Rd Sanford Rd Lake Wheeler East Garner Rd Timber Dr Old US Hwy 1 Sunset Lake Rd NC 55 Bypass N Main St NC 902 State Rd 1011 NC 96 Ten-Ten Rd Clayton Holly Springs Hwy 42 NC 222 Fayetteville Hwy US 70 Business;NC 42 US 421 Old US Hwy 1 Hwy 42 West Old Stage Rd US 15;US 501;NC 87 Vinson Rd ACCESS TO MAJOR HIGHWAYS I-540 ±15 Minutes US-1/64 ±1 Minute US-70 ±5 Minutes NC-540 ±10 Minutes I-440 & I-40 ±5 Minutes CONVENIENCE TRAFFIC COUNTS WakeMed Cary US-1 99,000 AADT Hospital ±1 Minute Kildaire Farm Rd. 29,000 AADT RDU International Airport ±15 Minutes Tryon Rd. in front of site 18,000 AADT Downtown Raleigh ±15 Minutes Tryon Rd. west of site 25,000 AADT Research Triangle Park ±20 Minutes Downtown Durham ±15 Minutes *Source: Google Maps PROPERTY PROFILE P.8 SURROUNDING RETAIL Walnut St. K i l d a i r e F 400 a DRIVE r m KEISLER R d . S E Tryon Rd. C a r y Pk wy. MARKET INFORMATION P.9 SURROUNDING HOTELS Walnut St. Crossroads Blvd. Walnut St. Dillard Dr. 400 DRIVE KEISLER r Dr S le . E s ei C K a ry P kw y. Tryon Rd. Cres C ce nt C r o e m . m y s o c . ns e r w n D k t n P G gso re Gre y en Dr. c n e Regency Pkwy. g e R Lochmere Dr. K i l d a i r e F a . d r R m MARKET INFORMATION P.10 WAVERLY PLACE & KOKA BOOTH AMPHITEATRE Koka Booth Amphitheatre 400 S KEISLER E r Dr. C le DRIVE a is r Ke y P kw y. Gregson Tryon Rd. Cresc Drive ent C K C om r m il e o d s n . s a c . Office y i r e r D w n e t k on G F s P g r a Gre een . Dr r y m c n R e g d e . R Regency Lochmere Dr. Park Waverly Place is a 207,000 square foot Whole Foods The Koka Booth Amphitheatre is an outdoor anchored, open-air shopping center and concert venue performing arts amphitheatre located in seated on 22.54 acres. The shopping center sold for $66.2 Regency Park, named after Cary’s former million on 12/19/2014 after undergoing a multimillion dollar mayor. It was constructed in 2001 and is redevelopment project in 2010. The owner’s goal was to create owned and operated by the Town of Cary. Booth a unique dining, shopping and entertainment destination and is seems they Amphitheatre is unlike any other venue in the area because the have accomplished this. The renovations outdoor music venue blends technology with nature. Located included a new facade, updated parking lot, among 14 acres of stately hardwoods and pines and beautifully fountains, waterfalls, fire elements, a children’s situated next to Symphony Lake, the park has been described play area, and a one acre entertainment area as truly magnificent. With the capacity for 7,000 people, called The Promenade. Johnson Suburu of patrons can enjoy a seat on the spacious lawn or specially Cary and WakeMed sponsor numerous events designed crescent deck. The Amphitheatre’s performance at Waverly Place including crafts & cooking season runs April through October and features an eclectic mix classes, art exhibits, music, and “family fun” of entertainers, live music concerts and festivals.
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