KBS Realty Advisors sold the bank building located at 999 High House Road in Cary, NC to a private investor for $3.52 million, or about $817 per square foot.
The 4,321-square-foot retail property was constructed in 1993 and is in the Raleigh/Durham market. In 2003, the property underwent renovations. It is occupied by PNC Bank.
Glen Kunofsky and Allen Smith of Marcus & Millichap represented the seller.
Please see CoStar Comp #2961885 for more information on this transaction.