Wellington Park is a retail center anchored by Lowe's Foods in Cary, NC. The property is ideally situated at the intersection of Cary Pkwy and Tryon Rd with excellent access and high traffic counts. The submarket has attractive demographics with high growth patterns and household incomes (see below). High density residential (206 units) is being developed at the NEC of Cary Pkwy and Tryon Rd directly across from the subject property and will bring additional traffic to the center.
Cary is a thriving community in the heart of the Triangle area of North Carolina, between Raleigh and renowned Research Triangle Park. The Triangle area repeatedly has ranked among the top regions in the country to live or work, to find a home or start a business, to raise a family or retire.