3337 Air Park Rd • Fuquay-Varina, NC 27609
Year Purchased: 2020
Purchase Amount: $2,400,000.00
Equity: $1,030,000.00
Airpark Flex was purchased in August 2020 and is a 24,000 square foot multi- tenant flex space building in the Raleigh suburb of Fuquay Varina. Located on a quiet side street just off Rt. 401, the property is just 4 miles south of the planned 401/I-540 interchange. The center was 100% occupied at closing and offered our investors the prospect of current cash flow stability combined with upside from future leasing and planned rent increases.