1021 Classic Rd Apex, NC 27539

This exceptional 24,600 square foot flex space at 1021 Classic Road, Apex, NC 27539, presents a compelling investment opportunity. The property, built in 2000 and renovated in 2019, boasts a Class B rating and is situated on a 2.69-acre lot zoned LI-CU. The building features a 22-foot ceiling height, three loading docks, and three dock-high doors, making it highly functional for various industrial uses. Currently operating under a triple net (NNN) lease, this sale/leaseback property offers a strong 6.19% cap rate with a net operating income (NOI) of $442,800 and an asking price of $7,150,000 ($290.65/sq ft). The property is meticulously maintained and includes a fenced truck court with a covered loading dock. Its convenient location, minutes from US-1 in Apex, provides excellent access to major transportation routes. This turnkey investment is ready for immediate income generation and offers significant potential for long-term growth. The property's features and prime location make it an attractive option for discerning investors seeking a stable, high-return asset in a thriving market.