Durham, North Carolina, is a prime location for investing in Warehouses For Sale, with 3 available listings offering a range of opportunities for businesses and investors. Warehouses in Durham represent a solid investment opportunity, providing a space for storage, distribution, and manufacturing. With the city's strong presence in the healthcare and pharmaceutical industries, Warehouses in Durham are in high demand. The city's amenities, infrastructure, location, education, and geography make it an attractive place to invest in a Warehouse. For instance, Durham is home to institutions like Duke University and North Carolina Central University, which provide a skilled workforce and opportunities for collaboration. The city's transportation infrastructure, including the Raleigh-Durham International Airport and major roads like NC 147, U.S. 15-501, I-85, and I-40, makes it easy to transport goods and people. Additionally, Durham's downtown revitalization efforts have attracted businesses, startups, and cultural venues, making it a great place for business and travel, with attractions like the Carolina Theatre, Nasher Museum of Art, and the Museum of Durham History.
Durham's Warehouses For Sale offer a unique opportunity to invest in a city that is a hub for education, medical, and research activities. With an average price per square foot of $167 USD and an average size of 28,899 square feet, these Warehouses provide a range of options for businesses and investors. In addition to Warehouses, Durham also offers other property types, including Industrial Properties, which provide space for manufacturing and production; Land, which offers opportunities for development and growth; Residential Income Homes, which provide a steady stream of income; and Commercial Real Estate, which offers space for businesses and services. Each of these property types has its own unique characteristics and benefits, making Durham a great place to invest in real estate. Overall, Durham's Warehouses For Sale offer a solid investment opportunity, with a strong demand for space and a growing economy.
What are the key features investors look for in warehouses in Durham?
When searching for warehouses in Durham, investors typically look for key features that ensure a strong return on investment, including:
- Average price per square foot, currently at $167 USD, and average size of 28,899 square feet, with some properties offering up to 41,028 square feet of space.
- A strong cap rate, with an average of 6%, to ensure a steady income stream.
- Proximity to major transportation facilities, such as the Raleigh-Durham International Airport, NC 147, U.S. 15-501, I-85, and I-40, as well as access to public transportation services like GoDurham and GoTriangle, to facilitate easy movement of goods and employees.
With 3 available listings, investors have a range of options to choose from in Durham's warehouse market.
What size warehouses are available to buy in Durham?
Warehouses for sale in Durham range in size from 28,899 square feet to 41,028 square feet, with an average price per square foot of $167 USD and an average cap rate of 6%, offering a variety of options for businesses and investors alike, with 3 available listings to choose from.
How much does it cost to buy a warehouse in Durham?
When it comes to buying a warehouse in Durham, the cost can vary depending on factors such as size, location, and condition, but on average, you can expect to pay around $167 USD per square foot, with the average warehouse size being around 28,899 square feet, and the largest available warehouse space being around 41,028 square feet, with a cap rate of around 6%, and with 3 available listings to choose from.
