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1200 S Salem St
Apex, NC 27502
Retail Property For Lease
·
13,330 SF
Highlights
- Grocery-anchored development featuring a 37,000 SF Food Lion opening Summer 2027.
- Located within a 200-acre master-planned community with nearly 1,500 luxury residential units.
- Exceptional demographics with $185,743 average household income within 3 miles.
- ±13,330 SF of retail and restaurant space available at a signalized intersection.
- Less than 0.5 miles from I-540 and minutes from Downtown Apex.
- Adjacent to Pleasant Park, a 92-acre athletic complex drawing over 2 million visitors annually.
Property Facts
| Total Space Available | 13,330 SF | Gross Leasable Area | 13,330 SF |
| Property Type | Retail | Construction Status | Proposed |
| Property Subtype | Storefront |
| Total Space Available | 13,330 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 13,330 SF |
| Construction Status | Proposed |
About the Property
Depot 499 Retail offers a premier retail leasing opportunity within one of Apex’s fastest-growing mixed-use communities. This 200-acre master-planned development will feature nearly 1,500 luxury residential units and a 37,000 SF Food Lion grocery anchor scheduled to open in Summer 2027. The site provides ±13,330 SF of high-visibility retail and restaurant space at a fully signalized intersection, ensuring strong accessibility and traffic flow. Located less than half a mile from I-540 and minutes from Downtown Apex, Depot 499 benefits from exceptional connectivity to the Triangle region. The surrounding area boasts robust demographics, with an average household income of $185,743 within a 3-mile radius and a population exceeding 137,000 within 5 miles. The property is adjacent to Pleasant Park, a 92-acre athletic complex attracting over 2 million visitors annually, and is in close proximity to multiple schools and residential communities. This dynamic environment, combined with strong traffic counts of 27,500 VPD on I-540 and 12,000 VPD on South Salem Street, positions Depot 499 Retail as a prime destination for retailers and restaurants seeking long-term growth in a thriving market.
