1830 Hillandale Rd
Durham, NC 27705
Office Property For Sale

Colliers International, on behalf of the owner, is pleased to exclusively offer the opportunity to purchase 1830 Hillandale Road, located in Durham, NC. The subject property is a 26,871 SF, three-story medical office building. It is currently 100% leased to the Veterans Adm. (full faith and credit of US Government) for use as a Veterans Affairs Healthcare Outpatient Clinic. The property enjoys a high visibility location at the hard corner with a signalized intersection at Hillandale Road and Bertland Avenue. The surrounding roadways of Hillandale Road and Interstate 85 experience an impressive combined 127,000 vehicles per day, giving the property unparalleled street exposure. The property further benefits from close proximity to the Durham VA Medical Center, Duke University Hospital, and Duke Regional Hospital, as well as the Class A Duke medical offices directly across the street and as other medical office buildings nearby. 1830 Hillandale has a well-maintained exterior of glass and masonry, as well as a concrete parking lot. The current landlord has meticulously maintained the interior and exterior of the building, including the recent installation of a new roof coating. The tenant has investment grade credit, with a credit rating of AA+ from Standard & Poor’s. The tenant has occupied the subject property since 2005 and recently renewed their lease for 5 years, illustrating their long-term commitment to the site. Furthermore, the VA Adm. historically moves very infrequently.