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3621 Lyckan Pky 12,000 SF Office Building Durham, NC 27707 For Sale
Investment Highlights
- Partial shell condition with key infrastructure in place
- Suitable for medical conversion
Executive Summary
Avison Young is pleased to present the opportunity to acquire a 12,000-square-foot, two-story office building in Durham, North Carolina. Offered in partial shell condition with key infrastructure already in place, the property provides a unique balance of flexibility and cost efficiency. Unlike fully built-out office properties that may require extensive demolition and reconfiguration, this asset allows users and investors to customize the interior to their specific needs while benefiting from existing building systems and improvements that can help reduce development timelines and costs.
Positioned to accommodate a variety of office and medical uses, the property offers exceptional flexibility for owner-occupants, healthcare providers, and investors alike. Strong visibility, ample parking, and a layout suitable for medical conversion make the building well-suited for primary care practices, specialty medical users, dental offices, professional service firms, and technology companies seeking long-term occupancy solutions through ownership.
Positioned to accommodate a variety of office and medical uses, the property offers exceptional flexibility for owner-occupants, healthcare providers, and investors alike. Strong visibility, ample parking, and a layout suitable for medical conversion make the building well-suited for primary care practices, specialty medical users, dental offices, professional service firms, and technology companies seeking long-term occupancy solutions through ownership.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
12,000 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
6,000 SF
Slab To Slab
13’
Building FAR
0.20
Lot Size
1.37 AC
Opportunity Zone
Yes
Zoning
OI - Office Institutional
Parking
62 Spaces (5.17 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 137005 | Improvements Assessment | $1,604,339 |
| Land Assessment | $1,185,001 | Total Assessment | $2,789,340 |
Property Taxes
Parcel Number
137005
Land Assessment
$1,185,001
Improvements Assessment
$1,604,339
Total Assessment
$2,789,340
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