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108 Justice Heights Street
Apex, NC 27502
Asking Price
$675K
Cap Rate
5.82%
Asset Type
School Office
Class
Class B
What's Special
Dream investment opportunity - Fully Leased Office near Apex downtown <p>Stabilized Income Stream – Fully leased to Spectrum School (special needs program)</p><p>Passive Ownership – Minimal landlord responsibilities</p><p>Desirable O&I Zoning – Supports educational, office, and institutional uses</p><p>Converted from residential to commercial use</p><ul><li> Minutes to downtown Apex </li><li>Positioned in a high-growth Wake County corridor</li></ul><p>Standalone Asset – No shared walls, independent parking, flexible use</p><p>Tenant Stability – Specialized use
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NOI
$80,000
Cap Rate
11.85%
DSCR
2.00
Strong
Cash-on-Cash
19.72%
Monthly Payment
$3,339.532
Annual Cash Flow
$39,925.62
