2490 Reliance Ave - Flex FOR SALE


Apex, NC 27539- Cary Crossroads/Apex
$5,711,420 USD
704-905-0565
2490 Reliance Ave, Apex, NC for Sale
$5,711,420 USD
Flex - FOR SALE
1/9
null | 6.72% Cap Rate

2490 Reliance Ave
Apex, NC 27539
Cary Crossroads/Apex


HIGHLIGHTS

  • Very attractive, well-maintained light industrial building in well-located industrial park
  • Excellent lighting - clean and bright facility
  • Strong tenant with long-tenure at this location

OVERVIEW

Occupied under five-year NNN lease (2026-2031) with two 5-year options, to a large precision CNC and EDM machine shop operator. The 40-year old operating business has been at Reliance Ave location for 28 years. Original building constructed in 1998 and expanded in 2015. Approx 17k s.f. manufacturing/storage, 5k s.f office/breakroom/conference room split.

FOR SALE DETAILS

PRICE

$5,711,420 USD

PRICE/SF

$496 USD /SF

CAP RATE

6.72%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

undefined, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

14 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

33

LAND DETAILS

LAND ACRES

2.39

LAND SF

104,108

ZONING

LI-CU

APN/PARCEL ID

0751.10-25-7552-000

ASK ABOUT THIS PROPERTY

Ginger BradburyBradbury Real Estate Group, LLCMore Info
704-905-0565

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Ginger BradburyBradbury Real Estate Group, LLCMore Info
704-905-0565

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.