www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33420704
33420710

15401 Weston Parkway, Cary, NC 27513

AR
NC NC 356434
Bryant Capital Advisors
CI
Bryant Capital Advisors
JV
NC 350592
Bryant Capital Advisors
Listed by Bryant Capital Advisors
Unpriced
0 days on market
Updated 0 days ago

ParkWest Two

Details
Property Type Office
Sub Type Traditional Office
Square Footage 48,311
Pro-Forma NOI $822,649
Class A
Year Built 2001
Stories 1
Acreage 6.540
Zoning ORDP
Investment Type Value Add

Office | 48,311 SqFt

Marketing description

Bryant Capital Advisors is pleased to present the exclusive offering of ParkWest Two, a ±48,311 SF single-story office asset strategically positioned along Weston Parkway in Cary, North Carolina. The property benefits from immediate access to Research Triangle Park, RDU International Airport, I-40, and NC-540, placing it within one of the Triangle's most established and highly desirable suburban office corridors.

Currently delivered substantially vacant, ParkWest Two presents a compelling opportunity for investors, owner-users, or groups pursuing a phased occupancy strategy. The asset offers efficient single-story floorplates, abundant surface parking, and existing second-generation improvements that reduce future occupancy and build-out costs while supporting flexible space configurations for a variety of office users.

The Cary and RTP markets continue to benefit from strong long-term population growth, a highly educated workforce, and continued expansion across technology, healthcare, engineering, and life science sectors. Coupled with limited comparable single-story office inventory in the submarket, ParkWest Two represents a differentiated acquisition opportunity with meaningful operational flexibility and long-term upside potential.

Projected underwriting highlights a clear path to significant NOI growth, with NOI anticipated to increase from approximately $241,000 in Year 1 to more than $822,000 by Year 5 through continued lease-up and stabilization. The offering provides investors the opportunity to acquire a well-located Cary office asset with embedded cash flow upside and multiple execution strategies within one of the Southeast's strongest growth markets.

Investment highlights

  • Significant Near-Term NOI Upside
  • Flexible Owner-User Opportunity
  • Rare Functional Single-Story Offices Continue to Outperform in Cary
  • Walkable Amenities & Affluent Cary Demographics
  • Premier Cary Location Within the Raleigh-Durham Growth Corridor

Listing Contacts

AR
NC NC 356434
Bryant Capital Advisors
CI
Bryant Capital Advisors
JV
NC 350592
Bryant Capital Advisors
Listed by Bryant Capital Advisors

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Andrew Roupas
License
NC 356434
Brokerage
The Overton Group
Name
Carolyn Ismaili
License
302936
Brokerage
Bryant Capital Advisors
Brokerage Phone
9198009170
Title
Real Estate Broker/Transaction Manager
Brokerage Address
4509 Creedmoor Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591