1400-1480 Chapel Ridge Rd Apex, NC 27502
- Office Properties & Spaces
- 1,500 SF
- 8.70 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1400-1480 Chapel Ridge Rd
- Year built
- 2020
- Lot size
- 8.70 lot acres
- Property size
- 1,500 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Office space
Description
Located in Apex, NC, this mixed-use development at 1400-1480 Chapel Ridge Rd offers 1,500-7,500 square feet of premium office space. The property, part of the Olive Chapel Professional Park, comprises five two-story buildings totaling nearly 75,000 square feet, constructed in 2020. Each building boasts full elevator access and three convenient secondary entrances. The property is zoned for Office and Institutional use (O&I-CZ) and sits on an 8.7-acre lot. Available spaces include vacant shell space for $360 per square foot and income-producing units for $460 per square foot. Cap rates vary, ranging from 5% to 8%. This prime location in Apex offers a unique opportunity for businesses seeking modern, flexible office space in a desirable area. The property features a multi-tenant configuration with a NNN lease type. This development presents an excellent investment opportunity with strong potential for return. Contact us today to learn more about leasing or purchasing options within this thriving professional park.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Apex
- County
- Wake
- State
- North Carolina
- Longitude
- -78.8889
- Latitude
- 35.7391
