$5,600,000 USD
312-543-0090
1001-1015 Davis Dr
Apex, NC 27523
Outlying North Cary/Morrisville
HIGHLIGHTS
- Multi Tenant Retail Center | 15,535 Sq Ft | 2006 Construction
- 53% of GLA Has NO Renewal Options | 5-Year CAGR: 4+%
- 36% Food/Beverage, 45% Services, and 19% Niche Grocery
- Triple-Net (NNN) Leases | Annual Rent Increases
- Signalized Intersection with +/- 19,800 Vehicles Per Day
- Apex, NC: High Growth Suburb of Raleigh: $168,163 Avg HHI in 3-Mile Radius
FOR SALE DETAILS
PRICE
$5,600,000 USD
PRICE/SF
$357 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Davis Drive Village
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Convenience Store, Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
54
LAND DETAILS
LAND ACRES
2.41 AC
LAND SF
104,980 SF
ZONING
B1
APN/PARCEL ID
0742.06-49-7356-000
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312-543-0090
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312-543-0090
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