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Wright Mansion 4400 Ben Franklin Blvd 19,229 SF 100% Leased Office Building Durham, NC 27704 $4,871,761 CAD ($253.35 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Established Professional Community – Surrounded by reputable businesses and medical institutions, enhancing credibility and networking opportunities.
  • Strong Market Demand – Positioned in Durham, a growing medical and research hub with a strong demand for healthcare and office space.
  • High Accessibility – Located near major roadways, ensuring easy access for patients, employees, and visitors.

EXECUTIVE SUMMARY

Office Building with 19,229 SF including both 1st and 2nd floors of 14,749 SF. and Basement of about 4,480 SF. The building was rebuilt in 1997 at this location. Nearby various Medical buildings for North Durham Orthodontics, Aspirar Pharmacy, Durham Dermatologist Associates, Regional Pediatrics, Central Carolina Foot and Ankle Care, Duke Children Primary Care, Carolina, Behavior Care Pharmacy, Durham Rheumatology. The seller is flexible to negotiate a sale or lease.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
19,229 SF
Building Class
B
Year Built
1996
Price
$4,871,761 CAD
Price Per SF
$253.35 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,410 SF
Slab To Slab
10’
Building FAR
0.21
Lot Size
2.10 AC
Zoning
PDR - Commercial
Parking
48 Spaces (2.5 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Fireplace
  • Property Manager on Site
  • Signage
  • Kitchen
  • Balcony

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
172261
Land Assessment
$1,227,890 CAD
Improvements Assessment
$3,655,574 CAD
Total Assessment
$4,883,464 CAD
  • Listing ID: 33314120

  • Date on Market: 2024-09-26

  • Last Updated:

  • Address: 4400 Ben Franklin Blvd, Durham, NC 27704

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