1823 Chapel Hill Rd
Durham, NC 27707
Office Property For Sale

Trinity Partners is pleased to offer for sale to qualified investors, the opportunity to acquire a fully, 100 percent leased standalone property located in the emerging market of Durham, North Carolina. The investment consists of a office building which features a net-lease structure with Carolina Outreach who was recently acquired by ncgCARE (a national, $150+ million-dollar company). Carolina Outreach has a 16+ year operating history, 10 offices across the state of North Carolina, nearly 400 employees, and is recognized as the #1 leader in behavioral health service in state. The subject property serves as Carolina Outreach’s headquarters location. Investment Highlights: 1) NNN, lease structure; 2) National credit tenancy; 3) Proven operating history with design-built facilities; 4) Market leader in specialty medical; 5) High barrier to entry; and 6) Fee simple interest Investment Summary: Rentable Area 3,200 square feet Properties One office building % Leased 100% Tenant Carolina Outreach (Recently acquired by ncgCARE) Lease Term Remaining 4.5 years +/- NOI $43,236 Sell Price $580,000 CAP rate 7.5%