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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.
2 Units Available
Unit 100
| Unit Size | 8,986 SF | Sale Type | Investment |
| Price | $2,995,000 | Cap Rate | 7.19% |
| Price Per SF | $333.30 | NOI | $215,284 |
| 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 | 7.19% |
| NOI | $215,284 |
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
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| 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
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
40/100
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249 E NC 54 Hwy - Bldg 1
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