1105 W Main St - Apartments CONDO FOR SALE


Durham, NC 27701- Brightleaf
$2,800,000 USD
919-520-9634
1105 W Main St, Durham, NC for Sale
$2,800,000 USD
Apartments CONDO - FOR SALE
1/12
null | 6.32% Cap Rate

1105 W Main St
Durham, NC 27701
Brightleaf


HIGHLIGHTS

  • Fully stabilized asset leased to proven food and beverage operators, providing passive income with minimal landlord responsibility.
  • Excellent foot traffic and visibility, located at the base of The Bartlett and steps from Brightleaf Square in the heart of downtown Durham.
  • Solar panels on the parking canopies help power the building’s common areas, reducing operating costs and enhancing sustainability.
  • Brick, metal, and wood façade paired with contemporary finishes offers long-term durability and appeal with minimal capital needs.

OVERVIEW

100% NNN-Leased: Fully stabilized asset leased to proven food and beverage operators, providing passive income with minimal landlord responsibility.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$468 USD /SF

CAP RATE

6.32%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Bartlett

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

64,400 SF

STORIES

7

BUILDING CLASS

A

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

DD-S1

APN/PARCEL ID

227430,227448

ASK ABOUT THIS PROPERTY

Keith BashiCityPlatMore Info
919-520-9634

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Keith BashiCityPlatMore Info
919-520-9634

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