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5003 Southpark Dr
Durham, NC 27713 Southpoint

$435,000 USD

Medical Condo For Sale  •  1,453 SF

Property Details

  • Property Type Medical
  • Total Building Size 12,282 SF
  • Lot Size 4.43 AC
  • Building Class B
  • Year Built 2005
  • Tenancy Multiple
  • Zoning OI-2
30 Transit Score
50 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 120 Office 1,453 SF $435,000 USD
  • Unit Size: 1,453 SF
  • Condo Use: Office
  • Price: $435,000 USD
  • Sale Type: Investment or Owner User
  • 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.

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.

Highlights

Fully leased to a U.S. Government tenant since 2005, affirming a consistent and secure income stream.
Current lease extends through July 2029 with an option to renew, reducing rollover risk.
Strategic location within Southpark Professional Center near I-40 and RDU Airport, offering convenient regional access.
Situated in the Triangle’s robust business corridor, serving Durham, Chapel Hill, and Raleigh markets.
First-floor positioning with immediate lobby access for tenant visibility and ease of entry.
Professional brick construction and well-maintained common areas supported by a managed HOA.

Amenities

  • 24 Hour Access
  • Kitchen
  • Partitioned Offices
  • Reception
  • Drop Ceiling
  • Wi-Fi
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
17 min - 8.5 mi
AirportDriveWalkDistance
Raleigh-Durham International 17 min - 10.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Amy Sears 919-815-5824 Berkshire Hathaway HomeServices
Amy Sears 919-815-5824 Berkshire Hathaway HomeServices