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500 Wayland Grove Ln - Holt Road Medical/Office Building

7,700 SF Office Condo Units Offered at $2,887,500 - $4,312,000 Per Unit in Apex, NC 27523

Investment Highlights

  • New construction
  • Located near signalized intersection.

Executive Summary

Two Story Class A office building in heart of Apex, NC. Office/Medical space. The 1st floor is leased to Medical group, 7 years of lease in place.

Property Facts

Price $2,887,500 - $4,312,000
Unit Size 7,700 SF
No. Units 2
Total Building Size 15,400 SF
Property Type Office
Property Subtype Medical
Building Class B
Floors 2
Typical Floor Size 7,700 SF
Year Built 2023
Lot Size 1.28 AC
Parking Ratio 4.22/1,000 SF

2 Units Available

Unit First Floo

Unit Size 7,700 SF
Price $4,312,000
Price Per SF $560.00
Condo Use Office
Sale Type Investment
Cap Rate 5.00%
NOI $215,600
Description

Office space ideal for Medical/Professional services.

Sale Notes

New tenant with seven year term.

1st Floor
View Photo 1st Floor

Unit 2nd Floor

Unit Size 7,700 SF
Price $2,887,500
Price Per SF $375.00
Condo Use Office
Sale Type Investment or Owner User
Description

New construction

Sale Notes

Two Story Class A office building in heart of Apex, NC. Second floor space available for sale.

2nd Floor
View Photo 2nd Floor

Amenities

  • Signage
  • Air Conditioning

zoning

Zoning Code C (Office/ Medical Office)
C (Office/ Medical Office)
  • Listing ID: 30026082

  • Date on Market: 11/10/2023

  • Last Updated:

  • Address: 500 Wayland Grove Ln, Apex, NC 27523

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