The subject property is a 20,069 square foot office building. The property will be subject to one, 20 year, absolute triple net lease with 10 percent rental increases every five years and four, five year options. The property is highly visible from and has direct access to both Interstate 85 with daily traffic counts exceeding 87,000 vehicles per day and U.S. Highway 501 with traffic counts exceeding 57,000 vehicles per day. The property is well positioned only one mile from the Duke University Campus and the Duke University Hospital. The University has a total student enrollment of approximately 15,000 (2014)and the Duke University School of Medicine being one of the top ranked medical schools in the United States and one of the largest biomedical research enterprises in the country, with more than $600 million in sponsored research expenditures annually. The highly regarded Duke University Hospital has over one million outpatient visits annually and more than 5.5 million hospital lab procedures annually. The property is also well positioned near Research Triangle Park (170 companies and 49,000 full-time employees).
Price Upon Req.177,743 SF
Property tours will be available upon request. To schedule a tour please contact the listing broker, Ben Kilgore IV, at 919-831-8191.Auction.com and CBRE, on behalf of "the Owner", are pleased to exclusively offer an opportunity to purchase TBC Place I and II (the "Property"), located in the RTP I-40 submarket of the Raleigh-Durham market, with ease-of-access to I-40, I-540 and RDU International Airport. The Property consists of two single story R&D office buildings totaling 177,743 SF built in 1998 and 2000, respectively. TBC Place I and II are currently 87.05% occupied with limited near term tenant roll. The buildings are positioned on a 18.956 acre parcel adjacent to the world-renowned Research Triangle Park. Both properties have been maintained to an institutional level since their respective construction.The TBC Place I and II offering provides significant upside potential to the buyer of these quality assets. With 12.95% existing vacancy, the opportunity exists to stabilize the assets and achieve considerable yield enhancement.
Over 650 feet of visibility on 15-501 in Durham. 4.74 Acre parcel zoned GC Commercial located in the Suburban Transit Overlay district (see Durham zoning for setback and density benefits) and adjacent to the proposed South Square light rail station.
Over 4100 sf across three levels of space in residential park-like area. Includes loft, 13 offices, open work space and outdoor deck. 3 restrooms and walk-in shower. Great creative or agency space.Next to Woodcroft Club on Woodcroft Parkway in SW Durham. Lots of greenery and walking trails.
Tweeter retail building with high traffic count; has 2000 square-foot mezzanine and 3 drive-in doors. Located in the South Square area.
Price Upon Req.30,000 SF
Location: South Durham on Hwy 54., located 1/4 mile east of the Hwy 54 and Fayetteville Road intersection at I-40. Only minutes from Southpoint Mall.Project Features:Excellent visibility to Highway 54 and great access to I-40 - daily traffic count of 30,000. Professional park setting with 150,000 SF for office, retail, and hotel. Phase 2 (Building Two) 30,000 SF 2-story/ Winter 2009. Amenities include landscaped walking/bike trails and pond. Convenient to Chapel Hill, Hillsborough, RTP and Raleigh via I-40.Building signage opportunity facing I-40/ Hwy. 54 for a commitment to occupy a floor (15,000 SF).
* Located East of Downtown on dead-end street at the corner of S Plum and E Pettigrew - across from Green Market.* Near terminus of future Durham-Chapel Hill light transit project* Corner duplex ~1,200 sf Ca, 1910, zoned commercial* Four other duplexes ~1,120 sf each, built circa 1920* 9/10 units currently leased for $450 to $550 each* Total land is ~ .75 acres *Asking price is $500,000
Commercial Park West is a three story office building located just outside of Research Triangle Park. The building primarily has Executive Suites on the first floor renting for over $32 psf., with larger suites on the second and third floors. The property has ample parking as well as 2.6 acres adjacent to the building that presents an opportunity to develop an additional 40,000 square foot building. Within the past year there has been a new roof and two new roof top HVAC systems installed.
Dental upfit, equipment in place. For sale or lease: $1,500/month + utilities
$30,000Size Upon Req.
Old East Durham opportunity. Flat buildable lot on Angier Avenue. Sits up high, half way between Alston & Driver. Zoned Office/Industrial. As-of-right can also build arts/studio/dance flex space. Rear access to site via City of Durham-maintained Carden Alley. Within 1/2 mile of proposed Light Rail terminus & very close to Downtown Durham.