3438 Hillsborough Rd | Durham, NC 27705
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3438 Hillsborough Rd
Durham, NC 27705
University Center · Retail Property For Sale
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
Storefront Retail/Office
Building Size
60,000 SF
Building Class
B
Year Built/Renovated
1962/1995
Price
$7,900,000
Price Per SF
$132
Tenancy
Single
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.14
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
PROPERTY TAXES
Parcel Number | 119620 | Improvements Assessment | $1,876,708 |
Land Assessment | $896,000 | Total Assessment | $2,772,708 |
PROPERTY TAXES
Parcel Number
119620
Land Assessment
$896,000
Improvements Assessment
$1,876,708
Total Assessment
$2,772,708
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