1920 E NC Highway 54 3,150 SF Office/Medical Condo Unit Offered at $1,701,644 CAD in Durham, NC 27713
INVESTMENT HIGHLIGHTS
- Situated on Hwy. 54 and near Hwy. 55.
- On site parking.
EXECUTIVE SUMMARY
Executive Office Park – Established office park situated on Hwy. 54 and near Hwy. 55 3,150 SF Office Condo – Combined condo’s supporting a long-standing dental practice in Durham
PROPERTY FACTS
| Price | $1,701,644 CAD |
| Unit Size | 3,150 SF |
| No. Units | 1 |
| Total Building Size | 3,150 SF |
| Property Type | Office (Condo) |
| Sale Type | Investment NNN |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 3,150 SF |
| Year Built | 1983 |
1 UNIT AVAILABLE
Unit 400
| Unit Size | 3,150 SF |
| Price | $1,701,644 CAD |
| Price Per SF | $540.20 CAD |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 6.66% |
| NOI | $113,329.50 CAD |
DESCRIPTION
Executive Office Park – Established office park situated on Hwy. 54 and near Hwy. 55
SALE NOTES
10-year dental practice lease with 9 years remaining on initial term and (2) renewal options
of 5 years each
Triple Net Lease with 3% annual escalations
1 of 1
AMENITIES
- Bus Line
- Signage
ZONING
| Zoning Code | C (Commercial) |
