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249 E NC 54 Hwy - Bldg 1 8,986 SF Office/Medical Condo Unit Offered at $4,163,859 CAD in Durham, NC 27713



Investment Highlights
- The park is home to many established medical, dental and health practices.
- Onsite parking.
Executive Summary
Rare to find medical-office condo available in South Durham to lease or owner occupy.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 7.19% |
| Sale Type | Investment |
| Cap Rate | 7.19% |
Description
8,986 RSF medical-health space – One 100% occupied condo sub-divided into 2 secured triple net leased suites.
Sale Notes
The park is home to many established medical, dental and health practices.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 100 | 8,986 SF | Office/Medical | $4,163,859 CAD ($463.37 CAD/SF) | $299,302.89 CAD |
Unit 100
| Unit Size |
| 8,986 SF |
| Condo Use |
| Office/Medical |
| Price |
| $4,163,859 CAD ($463.37 CAD/SF) |
| NOI |
| $299,302.89 CAD |
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Unit 100
| Unit Size | 8,986 SF |
| Condo Use | Office/Medical |
| Price | $4,163,859 CAD ($463.37 CAD/SF) |
| NOI | $299,302.89 CAD |
| Sale Type | Investment |
| Cap Rate | 7.19% |
| Description | |
| 8,986 RSF medical-health space – One 100% occupied condo sub-divided into 2 secured triple net leased suites.</li></ul> | |
| Sale Notes | |
| The park is home to many established medical, dental and health practices.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 55,000 SF | Typical Floor Size | 17,667 SF |
| Property Type | Office (Condo) | Year Built | 2006 |
| Property Subtype | Medical | Lot Size | 4.80 AC |
| Building Class | B | Parking Ratio | 3.96/1,000 SF |
| Floors | 3 | ||
| Zoning | O & I - Office & Institutional | ||
| Total Building Size | 55,000 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 17,667 SF |
| Year Built | 2006 |
| Lot Size | 4.80 AC |
| Parking Ratio | 3.96/1,000 SF |
| Zoning | O & I - Office & Institutional |
Amenities
- Signage
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
40/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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249 E NC 54 Hwy - Bldg 1
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