University Tower 3100 Tower Blvd
184,960 SF 32% Leased 4-Star Office Building Durham, NC 27707 $18,000,000 ($97/SF)
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PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
184,960 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1987
Price
$18,000,000
Price Per SF
$97
Percent Leased
32%
Tenancy
Multiple
Building Height
17 Stories
Typical Floor Size
10,689 SF
Slab To Slab
15’
Building FAR
0.72
Lot Size
5.88 AC
Zoning
CG,OI - General Commercial Office Institutional
Parking
729 Spaces (4 Spaces per 1,000 SF Leased)
AMENITIES
- Banking
- Bus Line
- Property Manager on Site
- Restaurant
- Signage
- Kitchen
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
8,710
62,382
176,483
2024 Population
9,028
64,804
183,927
Population Growth '20-'24
3.7%
3.9%
4.2%
2020 Households
4,253
26,057
75,950
2024 Households
4,349
26,678
78,421
Household Growth '20-'24
2.3%
2.4%
3.3%
Average Age
38
37
38
Median Household Income
$63,033
$63,030
$66,622
Daytime Employees
8,258
45,686
111,743
Total Businesses
1,169
6,351
15,159
College Degree + Higher
59%
55%
54%
PROPERTY TAXES
Parcel Number | 121524 | Improvements Assessment | $28,746,610 |
Land Assessment | $1,720,754 | Total Assessment | $30,467,364 |