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5285 N Roxboro St 6,547 SF Office Building Durham, NC 27712 $1,495,000 ($228.35/SF) 6.15% Cap Rate
Executive Summary
Excellent investment opportunity. Partner with City of Durham as a long-standing (18 year) tenant. This building is located in a growing N. Durham, just 4 mins from the new Publix Latta Park.
The building has been beautifully maintained by the City of Durham. 20 parking spaces (10 covered) and basement storage area semi-temperature controlled.
New roof - 2016
New carpet - 2018
New HVACs - all 5 replaced within past 8 years.
Interior lighting upgraded to LED motion control
Badge entry security
The building has been beautifully maintained by the City of Durham. 20 parking spaces (10 covered) and basement storage area semi-temperature controlled.
New roof - 2016
New carpet - 2018
New HVACs - all 5 replaced within past 8 years.
Interior lighting upgraded to LED motion control
Badge entry security
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
6,547 SF
Building Class
B
Year Built
1986
Price
$1,495,000
Price Per SF
$228.35
Cap Rate
6.15%
NOI
$91,943
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,547 SF
Building FAR
0.28
Lot Size
0.54 AC
Zoning
CC - The CC District is established to provide for orderly development of commercial services in a unified setting on large parcels of land...
Parking
22 Spaces (3.36 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- City of Durham
- Public Administration
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| City of Durham | Public Administration | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 180796 | Improvements Assessment | $550,309 |
| Land Assessment | $303,439 | Total Assessment | $853,748 |
Property Taxes
Parcel Number
180796
Land Assessment
$303,439
Improvements Assessment
$550,309
Total Assessment
$853,748
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5285 N Roxboro St
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