1600 Center Stree

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1600 Center Stree

Apex, NC 27502
Asking Price
Contact for price
Asset Type
Office
Class
Class B

What's Special

Located at 1600 Center Street in Apex, North Carolina, this office property is situated within a developing commercial corridor. The neighborhood features a mix of professional services, retail centers, and residential communities. Local amenities include various dining options, grocery stores, and fitness centers within a two-mile radius. The location provides direct access to North Carolina Highway 55 and is approximately three miles from the specialized interchange of US-1 and I-540, facilitating regional connectivity across the Research Triangle. The property is suited for administrative, professional, or creative office operations. The floor plan and accessible location make it an appropriate site for medical practitioners, legal firms, or regional corporate satellite offices. Typical tenants include service-oriented businesses seeking proximity to the growing Apex population and established transportation routes.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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