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Davis Drive Village 1001-1015 Davis Dr 15,535 SF 100% Leased Retail Building Apex, NC 27523 $5,600,000 ($360.48/SF)
Investment Highlights
- Multi Tenant Retail Center | 15,535 Sq Ft | 2006 Construction
- 36% Food/Beverage, 45% Services, and 19% Niche Grocery
- Signalized Intersection with +/- 19,800 Vehicles Per Day
- 53% of GLA Has NO Renewal Options | 5-Year CAGR: 4+%
- Triple-Net (NNN) Leases | Annual Rent Increases
- Apex, NC: High Growth Suburb of Raleigh: $168,163 Avg HHI in 3-Mile Radius
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
15,535 SF
Building Class
C
Year Built
2007
Price
$5,600,000
Price Per SF
$360.48
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
2.41 AC
Zoning
B1
Parking
54 Spaces (3.48 Spaces per 1,000 SF Leased)
Frontage
393’ on Davis Drive
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0742.06-49-7356-000 | Improvements Assessment | $3,148,642 |
| Land Assessment | $1,070,089 | Total Assessment | $4,218,731 |
Property Taxes
Parcel Number
0742.06-49-7356-000
Land Assessment
$1,070,089
Improvements Assessment
$3,148,642
Total Assessment
$4,218,731
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Davis Drive Village | 1001-1015 Davis Dr
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