2.23 acres of prime commercial development property in Apex for ground lease. This property has an exceptional location that ensures high visibility and accessibility:
- Directly adjacent to Depot 499, a significant Lennar mixed-use development that will include over 1,000 residential units and more than 100,000 square feet for commercial uses. This provides an immediate and growing customer base right next door.
- About 3 miles from the future site for the North Carolina Children’s Hospital.
- Conveniently situated between historic Downtown Apex and the Triangle Expressway I-540.
- Exceptional highway access: Less than 0.4 miles from I-540, ensuring seamless connectivity to the wider Triangle region.
- Only about 2 miles from Downtown Apex's historic district, a vibrant area filled with boutiques, antique shops, and diverse dining experiences including:
- Just seven minutes from Beaver Creek Crossings for comprehensive shopping, dining, and entertainment options, including movies.
- Under 8 miles from Beaver Creek Commons, featuring major retailers like Target and a variety of dining spots.
- Recreational Opportunities: A 92-acre Town of Apex park is located less than a mile from the community, enhancing the appeal for residents, employees, and customers.
Lennar Carolinas, LLC (Depot 499) and Regency International Investments, LLC (owner) were the parties responsible for off-site infrastructure improvements including right-of-dedication, road expansion, the traffic light at the intersection of Apex Barbecue Road and South Salem Street, among others at a cost of over $800,000.
See “Permitted Uses” in the attached final approval by the Apex Town Council of the PUD-CZ zoning petition in 2020. Additionally, two conceptual design examples are shown below illustrating the range of potential development options.
A mixed-use building with a proposed area of approximately 90,000 square feet (spread across 6 floors, each approximately 15,000 square feet) is specifically detailed in conceptual plans with a proposed building height of approximately 90 feet in height which is available upon request.
A proposed "Amenity Plaza" is presented and referenced in conceptual plans to include potential retail and a convenience store with fuel which is available upon request. Of note, a rezoning is required for fuel use.
Jeff Hunter
Julie Wright Commercial Group, LLC
