1920 E NC Highway 54
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1920 E NC Highway 54
3,150 SF Office/Medical Condo Unit Offered at $1,295,000 in Durham, NC 27713
Property Facts
Price | $1,295,000 | Sale Type | Investment |
Unit Size | 3,150 SF | Building Class | B |
No. Units | 1 | Floors | 1 |
Total Building Size | 3,150 SF | Typical Floor Size | 3,150 SF |
Property Type | Office (Condo) | Year Built | 1983 |
Price | $1,295,000 |
Unit Size | 3,150 SF |
No. Units | 1 |
Total Building Size | 3,150 SF |
Property Type | Office (Condo) |
Sale Type | Investment |
Building Class | B |
Floors | 1 |
Typical Floor Size | 3,150 SF |
Year Built | 1983 |
1 Unit Available
Unit 400
Unit Size | 3,150 SF | Sale Type | Investment |
Price | $1,295,000 | Cap Rate | 6.00% |
Price Per SF | $411.11 | NOI | $77,700 |
Condo Use | Office/Medical |
Unit Size | 3,150 SF |
Price | $1,295,000 |
Price Per SF | $411.11 |
Condo Use | Office/Medical |
Sale Type | Investment |
Cap Rate | 6.00% |
NOI | $77,700 |
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
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Amenities
- Bus Line
- Signage
zoning
Zoning Code | Commercial |
Commercial |
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1920 E NC Highway 54
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