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249 E NC 54 Hwy - Bldg 1 3,037 - 8,986 SF Office/Medical Condo Units Offered at $765,000 - $2,995,000 Per Unit in Durham, NC 27713
Investment Highlights
- The park is home to many established medical, dental and health practices.
- Onsite parking.
Executive Summary
Rare to find medical-office condo available in South Durham to lease or owner occupy.
Property Facts
| Total Building Size | 55,000 SF | Typical Floor Size | 17,667 SF |
| Property Type | Office | Year Built | 2006 |
| Property Subtype | Medical | Lot Size | 4.80 AC |
| Building Class | B | Parking Ratio | 3.96/1,000 SF |
| Floors | 3 | ||
| Zoning | O & I - Office & Institutional | ||
| Total Building Size | 55,000 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 17,667 SF |
| Year Built | 2006 |
| Lot Size | 4.80 AC |
| Parking Ratio | 3.96/1,000 SF |
| Zoning | O & I - Office & Institutional |
Amenities
- Signage
2 Units Available
Unit 100
| Unit Size | 8,986 SF | Sale Type | Investment |
| Price | $2,995,000 | Cap Rate | 6.79% |
| Price Per SF | $333.30 | NOI | $203,313 |
| Condo Use | Office/Medical |
| Unit Size | 8,986 SF |
| Price | $2,995,000 |
| Price Per SF | $333.30 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 6.79% |
| NOI | $203,313 |
Description
8,986 RSF medical-health space – One 100% occupied condo sub-divided into 2 secured triple net leased suites.
Sale Notes
The park is home to many established medical, dental and health practices.
Unit 110
| Unit Size | 3,037 SF | Condo Use | Office/Medical |
| Price | $765,000 | Sale Type | Investment |
| Price Per SF | $251.89 | Sale Status | Under Contract |
| Unit Size | 3,037 SF |
| Price | $765,000 |
| Price Per SF | $251.89 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Sale Status | Under Contract |
Description
3,037 rentable square feet of medical-health space – Former MRI room with opportunities to add additional exam or treatment rooms
Sale Notes
Available to Lease or Purchase
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249 E NC 54 Hwy - Bldg 1
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