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University Center 3438 Hillsborough Rd 84,439 SF Retail Building Durham, NC 27705 $10,728,200 CAD ($127.05 CAD/SF)
Investment Highlights
- Vibrant retail area surrounded by Hillsborough Road, Highway 15-501 and Interstate 85.
Executive Summary
60,000 SF building on approximately 6.5 acres. Vibrant retail area surrounded by Hillsborough Road, Highway 15-501 and Interstate 85. Property available October 1, 2021
(currently leased to Duke University).
(currently leased to Duke University).
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Department Store
Building Size
84,439 SF
Building Class
B
Year Built/Renovated
1962/1995
Price
$10,728,200 CAD
Price Per SF
$127.05 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.19
Lot Size
10.00 AC
Zoning
IL - Industrial
Parking
750 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 119628 | Improvements Assessment | $1,729,350 CAD |
| Land Assessment | $3,665,789 CAD | Total Assessment | $5,395,139 CAD |
Property Taxes
Parcel Number
119628
Land Assessment
$3,665,789 CAD
Improvements Assessment
$1,729,350 CAD
Total Assessment
$5,395,139 CAD
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University Center | 3438 Hillsborough Rd
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