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1121 Moncure Place
Apex, NC 27523 Cary Crossroads/Apex

$2,167,742 USD

Bank For Sale  •  1,900 SF

Property Details

  • Property Type Bank
  • Total Building Size 1,900 SF
  • Lot Size 1.04 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 4.65 %
  • Tenancy Single
0 Transit Score
6 Walk Score

Highlights

Affluent area - $217,000+ average household income within one-mile
Positioned within the Raleigh MSA
Low absolute rent for a bank asset ($100,800)
New 15-year lease through 2039
Part of the new Sweetwater Town Center master development (45-acre commercial & entertainment complex)
14% population growth through 2030 (projected within a 1-mile radius)

Property Flyers

Cap Rate: 4.65 %

Major Tenants

Tenant SF Occupied Lease End Date
Fifth Third Bank 11/30/2039

Public Transportation

Commuter RailDriveWalkDistance
Cary Station (Piedmont - North Carolina by Train (NC Train)) 15 min - 9.2 mi
AirportDriveWalkDistance
Raleigh-Durham International 22 min - 15.9 mi
Randy Blankstein 847-562-0003 The Boulder Group
Randy Blankstein 847-562-0003 The Boulder Group