Vigilant Real Estate Holdings Acquires Mixed-use Asset In Cary From Alloy Properties For $58.3M
2001 Evans Road
$58,300,000
$222/SF
Building Size
262,400 SF
Asset Type
Mixed-use
Closing
Mar 13, 2026
AI
The property asset involved in this transaction is a mixed-use facility located at 2001 Evans Road in Cary, NC. The sale took place for a total price of $58,300,000, translating to a price per square foot of $222. The asset covers an area of 23 acres and consists of 262,400 square feet of space.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $58,300,000
- Address: 2001 Evans Road
- Market: Cary, NC
- Square Footage: 262,400
- Price per Square Foot: $222
- Buyer: Vigilant Real Estate Holdings
- Seller: Alloy Properties
Vigilant Real Estate Holdings acquired the property from Alloy Properties, indicating a strategic investment in the Cary market. This transaction underscores the active interest in mixed-use developments within this region.
Players
Cary Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.27%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93