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Davis Drive Village 1001-1015 Davis Dr 15,535 SF 100% Leased Retail Building Apex, NC 27523 $7,685,888 CAD ($494.75 CAD/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
$7,685,888 CAD
Price Per SF
$494.75 CAD
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 | $4,315,340 CAD |
| Land Assessment | $1,466,600 CAD | Total Assessment | $5,781,940 CAD |
Property Taxes
Parcel Number
0742.06-49-7356-000
Land Assessment
$1,466,600 CAD
Improvements Assessment
$4,315,340 CAD
Total Assessment
$5,781,940 CAD
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Davis Drive Village | 1001-1015 Davis Dr
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