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Executive Summary
NAI Tri Properties is pleased to present for your consideration this highly adaptable campus in the heart of North Durham featuring versatile industrial zoning and expansive acreage that provide substantial opportunity for future development. Partially leased to a long term credit tenant with additional space vacant and available for new tenants, this property offers both current cash flow and future development potential or a scalable, infrastructure ready space for an owner occupant.
This property offers a diverse mix of building sizes with divisible suites ranging from 18,189 SF to 172,899 SF. This flexibility empowers developers to pursue multi-tenant, single-tenant, or phased redevelopment strategies depending on market demand. Additionally, with just over 34 acres of land and in proximity to a variety of flex and life science users, there is significant potential upside for developers looking to create a dynamic flex/life sciences campus in a prime location close to major regional arteries.
1101 Hamlin Road offers the scale, power infrastructure, and functional versatility industrial investors and developers seek, with the added advantage of being located in one of the Southeast’s fastest-growing logistics, life science, and advanced manufacturing markets.
This property offers a diverse mix of building sizes with divisible suites ranging from 18,189 SF to 172,899 SF. This flexibility empowers developers to pursue multi-tenant, single-tenant, or phased redevelopment strategies depending on market demand. Additionally, with just over 34 acres of land and in proximity to a variety of flex and life science users, there is significant potential upside for developers looking to create a dynamic flex/life sciences campus in a prime location close to major regional arteries.
1101 Hamlin Road offers the scale, power infrastructure, and functional versatility industrial investors and developers seek, with the added advantage of being located in one of the Southeast’s fastest-growing logistics, life science, and advanced manufacturing markets.
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Property Facts
Amenities
- Bio-Tech/ Lab Space
- Controlled Access
- Courtyard
- Signage
- Monument Signage
- Breakroom
- Backup Power / Generators
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- KBI Biopharma
- Professional, Scientific, and Technical Services
- 167,996 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| KBI Biopharma | Professional, Scientific, and Technical Services | 167,996 SF | - | - |
Property Taxes
| Parcel Number | 160396 | Improvements Assessment | $30,605,169 |
| Land Assessment | $2,667,849 | Total Assessment | $33,273,018 |
Property Taxes
Parcel Number
160396
Land Assessment
$2,667,849
Improvements Assessment
$30,605,169
Total Assessment
$33,273,018
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1101 Hamlin Rd
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