Veterans Affairs Medical Office - Govt Lease 1830 Hillandale Rd 26,871 SF Office Building Durham, NC 27705 $8,501,933 ($316.40/SF) 7.10% Cap Rate

* Strategically Located in Durham, NC, at the signalized intersection of Hillandale Road and Bertland Avenue, with visibility to approximately 127,000 vehicles per day.
* 26,871 SF Medical Office Building situated on a 1.69-acre parcel, featuring three stories and a typical floor plate of 8,957 SF.
* 100% Leased to the U.S. Department of Veterans Affairs, which has occupied the property since 2005 as an outpatient clinic serving Veterans.
* Recent 3-Year Lease Renewal Effective February 2026 with the U.S. Government (AA+ S&P rating), offering long-term income stability. Current lease extends through January 2029.
* Proximity to Major Medical Institutions, including Duke University Hospital, Durham VA Medical Center, and Duke Regional Hospital, enhancing the site’s strategic healthcare relevance.
* Ample Surface Parking with 100 spaces (3.5/1,000 SF), supporting high patient and staff traffic.* Well-Maintained Facility, with a glass and masonry exterior, a concrete parking lot, and recent roof coating upgrades.
* Zoned OI (Office & Institutional), allowing for a variety of medical and professional uses within a growing healthcare corridor.