618 E Ramseur St - Office CONDO FOR SALE


Durham, NC 27701- City Center Durham
$2,400,000 USD
919-730-8719
618 E Ramseur St, Durham, NC for Sale
$2,400,000 USD
Office CONDO - FOR SALE
1/17
null | 5.95% Cap Rate

618 E Ramseur St
Durham, NC 27701
City Center Durham


HIGHLIGHTS

  • Just minutes to Duke University, Research Triangle Park, the new Apple RTP Campus and RDU Airport.
  • Nestled amongst numerous restaurants/breweries and an easy walk to the Durham Bulls ballpark.

OVERVIEW

Absolute NNN investment opportunity - office condo. 10 year NNN lease w/two 5-year options. 2.5% annual escalations.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$614 USD /SF

CAP RATE

5.95%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Custom Stone Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

10,606 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

I2

APN/PARCEL ID

102865

ASK ABOUT THIS PROPERTY

Brad WieseMaverick Partners Realty Services, IncMore Info
919-730-8719

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Brad WieseMaverick Partners Realty Services, IncMore Info
919-730-8719

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.