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113 Mayo St
Hillsborough, NC 27278
Orange County Social Services Center · Office Property For Sale

Property Facts

Property Type
Office
Building Size
66,920 SF
Building Class
B
Year Built
1989
Tenancy
Single
Building Height
1 Story
Typical Floor Size
66,920 SF
Building FAR
0.27
Lot Size
5.72 AC
Zoning
HI - Commercial
Parking
560 Spaces (8.37 Spaces per 1,000 SF Leased)

About 113 MAYO ST , HILLSBOROUGH, NC 27278

Orange County Social Services Office is located near the Interstate 85 entrance and exit ramps for ease of access. It is primarily surrounded by retail, multi-family complexes and hotels. The property, which is part of Hillsborough Commons Shopping Center, is 100 percent leased to Orange County for use as a Social Services Office. Orange County, North Carolina is an investment grade tenant and has a Standard & Poors AAA credit rating. This is the sole social services office for Hillsborough county. The office was expanded in January 2015 with the current lease running through January 2024 and three five-year options to extend. The tenant did a new facade and full interior renovation, skylights, HVAC, ceilings, lighting and demising at their own expense. Hillsborough is located on the western edge of the Research Triangle approximately 14 miles from Durham and Chapel Hill, the homes of Duke University and the University of North Carolina.

Property Taxes

Property Taxes

Parcel Number
9864807744
Land Assessment
$2,966,800
Improvements Assessment
$6,072,100
Total Assessment
$9,038,900
  • Listing ID: 15188757

  • Date on Market: 2/15/2019

  • Last Updated:

  • Address: 113 Mayo St, Hillsborough, NC 27278

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