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1st Floor - Unit 120
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Office
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1,453 SF
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$435,000 USD
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Unit Size: 1,453 SF
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Condo Use: Office
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Price: $435,000 USD
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Sale Type: Investment or Owner User
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Price/SF: $299.38 USD
Description
The property is a first-floor professional office condominium located within Southpark Professional Center in Durham, North Carolina. It is part of Building 5003 and positioned near the main lobby entrance. The asset has proximity to Interstate 40 and Raleigh-Durham International Airport, enabling regional connectivity between Durham, Chapel Hill, and Raleigh. It is accessed via Southpark Drive, off NC-54, within an office park setting under a managed association. Parking and standard site amenities are assumed based on property type and location context. No rail or water transport connections are relevant to this asset.
Sale Notes
This first-floor office condominium in Southpark Professional Center offers a rare investment opportunity in one of the Triangle's most accessible locations. The property is currently occupied by the U.S. Government for a Naval Officer Recruitment office, with a lease extending through July 2029 and an option to renew—continuing a tenancy that dates back to 2005. This long-term credit tenant delivers income stability and minimizes risk for investors seeking dependable cash flow.
Positioned with excellent connectivity, the Southpark Professional Center is minutes from Interstate 40, Raleigh-Durham International Airport, and seamlessly links to Durham, Chapel Hill, and Raleigh. The property benefits from an established, professional environment supported by its Homeowners Association, creating strong fundamentals for both ownership and enduring tenant appeal. Whether you're an investor focused on secure occupancy or exploring long-term upside in a thriving regional market, this asset provides both. Additional lease and HOA details are available for qualified buyers.
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