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Coastal Building II 2828 Croasdaile Dr 66,563 SF Office Building Durham, NC 27705 $5,750,000 ($86.38/SF)



INVESTMENT HIGHLIGHTS
- Exceptional value-add or owner-user opportunity with current cash flow and available, move-in ready space.
- Extensive renovations under current ownership including lobby and first floor restrooms.
- Close proximity to Downtown Durham, Duke Regional Hospital and Duke University.
- Strong credit tenant in-place — Corning Incorporated.
- Branding opportunities with additional building top signage.
- Ample parking with EV dual charging station.
EXECUTIVE SUMMARY
MATTERPORT 3D TOURS
View Virtual Tour of First Floor | 6,461 Square Feet
/4
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
AMENITIES
- Conferencing Facility
- Signage
- Wheelchair Accessible
- Car Charging Station
- Monument Signage
- Air Conditioning
- Balcony
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
Corning is vital to progress – in the industries they shape and in the world they share. They invent life-changing technologies using materials science. Their scientific and manufacturing expertise, boundless curiosity, and commitment to purposeful invention place them at the center of the way the world interacts, works, learns, and lives. Their sustained investment in research, development, and invention means they’re always ready to solve the toughest challenges alongside their customers. Corning is changing the world with trusted products that accelerate drug discovery, development, and delivery to save lives; damage-resistant cover glass to enhance the devices that keeps the world connected; optical fiber, wireless technologies, and connectivity solutions to carry information and ideas at the speed of life; precision glass for advanced displays to deliver richer experiences; and auto glass and ceramics to drive cleaner, safer, and smarter transportation.
Watts College of Nursing is positioned for the future; opening its door to offer a BSN Nursing Program built on a tradition of nursing excellence.Since its inception in 1895, Watts has focused exclusively on nursing education for entry into professional nursing practice. Throughout its history, Watts has shown exceptional ability to meet the changing needs of students, health care consumers, and the nursing profession. Now more than ever before, Watts is embracing change with a future filled with great promise and expectation for continued excellence in nursing education.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Manufacturing | - | - | Lorem Ipsum | Jan 0000 | |
|
Educational Services | - | - | - | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
6,461-SF suite available adjacent to newly renovated lobby with patio/balcony access. The suite has a completely open floor plan.
Suite 125 totals 3,722 square feet of open office space.
Desirable full 2nd floor opportunity (demisable) with a mix of private offices and conference rooms.
Desirable full 3rd floor opportunity (demisable) with open floor plan, large conference room, shower facilities and balconies.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 102 | 6,461 SF | Office | Full Build-Out | 30 Days |
| 1st Fl-Ste 125 | 3,722 SF | Office | Full Build-Out | 30 Days |
| 2nd Fl-Ste 200 | 22,475 SF | Office | Full Build-Out | 30 Days |
| 3rd Fl-Ste 300 | 23,316 SF | Office | Full Build-Out | 30 Days |
1st Fl-Ste 102
| Size |
| 6,461 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl-Ste 125
| Size |
| 3,722 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 200
| Size |
| 22,475 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
3rd Fl-Ste 300
| Size |
| 23,316 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl-Ste 102
| Size | 6,461 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
6,461-SF suite available adjacent to newly renovated lobby with patio/balcony access. The suite has a completely open floor plan.
1st Fl-Ste 125
| Size | 3,722 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Suite 125 totals 3,722 square feet of open office space.
2nd Fl-Ste 200
| Size | 22,475 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Desirable full 2nd floor opportunity (demisable) with a mix of private offices and conference rooms.
3rd Fl-Ste 300
| Size | 23,316 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Desirable full 3rd floor opportunity (demisable) with open floor plan, large conference room, shower facilities and balconies.
DEMOGRAPHICS
Demographics
PROPERTY TAXES
| Parcel Number | 130741 | Improvements Assessment | $5,933,419 |
| Land Assessment | $1,068,750 | Total Assessment | $7,002,169 |
PROPERTY TAXES
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Coastal Building II | 2828 Croasdaile Dr
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