1460 Chapel Ridge Rd, Ste 200, Apex, NC 27502

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1460 Chapel Ridge Rd, Ste 200, Apex, NC 27502

Apex, NC 27502
Asking Price
$2.04M
Asset Type
Office
Class
Class B

What's Special

1460 Chapel Ridge Road, Suite 200, is situated within the Chapel Ridge office park in Apex, North Carolina. The neighborhood is characterized by professional office developments and suburban residential communities. The property is located near the intersection of Highway 55 and U.S. 64, providing direct access to the wider Research Triangle region. Local amenities within a short drive include the Beaver Creek Commons and Beaver Creek Crossings shopping centers, which feature a variety of retail outlets, grocery stores, and dining options. This office suite is suited for professional services firms requiring a quiet environment with accessible parking. Ideal use cases include legal practices, accounting firms, insurance agencies, or medical administrative offices. The typical tenant profile consists of small to mid-sized businesses seeking a professional presence in the growing Apex submarket. The layout and location cater to occupants who prioritize proximity to regional thoroughfares while maintaining a local community character for clients and employees.

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NOI
$80,000
Cap Rate
3.93%
DSCR
0.66
Underwater
Cash-on-Cash
-6.70%
Monthly Payment
$10,076.48
Annual Cash Flow
$-40,917.764

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