For Sale
Call for price

1400-1480 Chapel Ridge RdApex, NC 27502

Modern Office Suites, Flexible Lease Options

Overview

Added:
Dec 11, 2024
Days on market:
117
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.

Highlights

  • $360/SF for shell space.
  • $460/SF for stabilized units.
  • Cap rates ranging from 5% to 8%.

Property Details for 1400-1480 Chapel Ridge Rd

Property type
Office properties, Office space
Square Feet
1,500 SF
Year Built
2020
Stories
52
Lot Size (sq. ft)
378,972 SF

Location Insight

City
Apex
County
Wake
State
North Carolina
Latitude
35.739078
Longitude
-78.888899
1400-1480 Chapel Ridge Rd, Apex, North Carolina

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1400-1480 Chapel Ridge Rd
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