apex professional building -...
Transcript of apex professional building -...
apexprofessionalbuilding307 S. Salem StreetApex, NC 27526
Investment offi ce building for sale
Apex Professional Building | Apex, NC
Population 9,457 54,198 137,702
Average HH Income $92,831 $117,777 $119,581
Households 3,516 19,344 50,351
Daytime Population 3,636 20,493 48,370
1 mile 3 miles 5 miles2017 demographics
property summary
property locationCharming loca on within walking distance to the heart of downtown Apex featuring numerous shops and restaurants
property details+/- 7,000 SF three-story offi ce building
Built in 1984
Three (3) new HVAC units; one replaced in 2017, two replaced in 2016
Roof replaced in 2010
Sits on +/- 0.45 acres featuring a white picket fenced front yard and outdoor sea ng
Abundant parking on side and in rear of buliding features 27 spaces for a generous ra o of 5.5: 1,000 sf
Currently eleven (11) tenants for approximately 95% occupancy
sales price$1,250,000
Investment offi ce building for sale
Apex Professional Building | Apex, NC
Operating Income (Loss) $69,954.86
Total Other Income (Expenses) $0.00
Net Income (Loss)Net Income (Loss) $69,954.86$69,954.86
Utility $10,696.70
Maintenance $5,697.26
Equipment Maintenance & Repairs $51.67
Legal & Accounting $510.00
Insurance $1,396.00
Property Tax $5,567.20
Total Admin/General ExpensesTotal Admin/General Expenses $23,918.83$23,918.83
fi nancial summary
12 months endedDecember 31, 2016IncomeRent Income $93,873.69
Total IncomeTotal Income $93,873.69$93,873.69
Admin/General Expenses Expenses/Income Summary
Apex Professional Building | Apex, NC
Apex Professional Building | Apex, NC
apex aerial map
540TOLL
540TOLL
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s i te e williams street
s sal
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reet
hunter street
apex peakway
apex peakway
jonespark
apex jaycee
park
hunterstreetpark
apexcommunity
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73,646 sfhaddon hallmons
79,789 sfolive chapel village
anchoredby
anchored by
475,000 sgbeaver creek commons
anchored by
320,629 sfbeaver creek crossing
anchored by
Apex Professional Building | Apex, NC
Apex Professional Building | Apex, NC
site aerial
site
s. salem street
w. willia
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treet
elm street
w. moo
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reet
Apex Professional Building | Apex, NC
wake county tax parcel map
Apex Professional Building | Apex, NC
Apex Professional Building | Apex, NC
submarket overviewapex
The Town of Apex, North Carolina is perfectly posi oned in the Research Triangle area and has a well-deserved reputa on for being the best
place to live in the United States and is constantly recognized by outside sources for being a great place to live and work.
Recent Apex accolades include:
• 6 Safest City in North Carolina; CreditDonkey (February, 2016)
• Best Places to Live: #1 in America; Time/Money Magazine (August, 2015)
• #2 Best City in NC to get a Job, Zippia (June, 2015)
• 4th Safest Place to Live in North Carolina; Movoto.com (January, 2015)
In 2006, the Small Town Character Overlay Zoning District passed to help maintain the character of the heart of Apex, the Downtown, and
surrounding residen al neighborhoods. A major streetscape renova on project has restored Apex’s downtown and recaptured it’s historic
fl avor.
populationvia apexnc.orgpopulation is 48,269
36
89k
median agevia apexnc.orgmedian age is 35.9
median household income $89,392
48k
1.5k businessesvia apexnc.org1,558 total businesses
JUDSON MCMILLANCommercial Sales and Leasingdirect 919 645 2764judsonmcmillan@yorkproper es.com
presented by
For additional information please contact:
York Proper es, Inc.2108 Clark AvenueRaleigh NC 27605
www.yorkproper es.com