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4238 Technology Dr
Durham, NC 27704

Almac Clinical Services · Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • General Retail Freestanding
  • Office Industrial Live Work Unit
Building Class B
Lot Size 4.74 AC
Rentable Building Area 67,413 SF
No. Stories 2
Year Built 2002
Tenancy Single
Parking Ratio 3/1,000 SF

Amenities

  • Bus Line
  • Signage

About 4238 Technology Dr , Durham, NC 27704

In Cooperation with Sands Investment Group North Carolina, LLC - Lic. # 29362 Broker of Record: Chris Sands – Lic. # 300021 The Property Functions as Almac’s Sole Clinical Services Facility in the U.S. With Approximately 300 Employees. Almac Has Two Other Operating Divisions Including a Brand New Diagnostic Lab Located Next Door to the Property in Independence Park. Almac Has Been at This Location Since 2008 and Has Recently Renewed the Lease at this Location For an Additional 15 Years. Almac Has Also Renewed Both Leases at the Two Other Adjacent Buildings – Representing the Tenant’s Long-Term Commitment to the Facilities and to This Office Park in the Durham Market. This Facility is Critical to Almac’s Operations and Contains Specialty Equipment and Infrastructure That Would Be Cost-Prohibitive to Move to a New Location. Almac Has Invested Significant Capital Towards the Facility, With an Additional $500,000 Planned Now That the Lease Extension is in Place.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
172218
Land Assessment
$1,004,675
Improvements Assessment
$8,527,553
Total Assessment
$9,532,228

zoning

Zoning Code O&I-2
O&I-2
  • Listing ID: 16031210

  • Date on Market: 5/13/2019

  • Last Updated:

  • Address: 4238 Technology Dr, Durham, NC 27704

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