1001 Davis Drive

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1001 Davis Drive

Apex, NC 27523-8223
Asking Price
$5.60M
Asset Type
Retail
Class
Class B

What's Special

Located at 1001 Davis Drive, this retail asset situated in Apex, North Carolina, sits within a growing suburban corridor. The property is positioned near the intersection of major thoroughfares including Highway 55 and the Triangle Expressway, providing regional connectivity to the broader Research Triangle area. The surrounding neighborhood features a mix of established residential subdivisions, professional office parks, and essential service providers. Nearby amenities include several grocery-anchored shopping centers, medical offices, and local schools, contributing to consistent daily traffic patterns within the immediate vicinity. The property is suited for a variety of commercial applications, ranging from traditional high-traffic retail storefronts to service-oriented business models. Ideal use cases include boutique shops, fitness studios, or neighborhood-scale dining establishments. The location is well-positioned for national franchises or local operators seeking proximity to a stable residential population. Typical tenants at this site benefit from the area’s demographic profile, which consists largely of commuting professionals and families. The layout supports businesses requiring visible street frontage and accessibility for local transit and personal vehicles.

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NOI
$80,000
Cap Rate
1.43%
DSCR
0.24
Underwater
Cash-on-Cash
-15.03%
Monthly Payment
$27,705.745
Annual Cash Flow
$-252,468.934

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