1307 W Woodcroft Pky - Office FOR SALE


Durham, NC 27713- Woodcroft
$1,500,000 USD
919-287-3218
1307 W Woodcroft Pky, Durham, NC for Sale
$1,500,000 USD
Office - FOR SALE
1/27
null | Request Cap Rate

1307 W Woodcroft Pky
Durham, NC 27713
Woodcroft


HIGHLIGHTS

  • New 7-year lease term in place with a longstanding daycare tenant
  • Currently zoned RS-M with a minor special use permit in place - long-term plans indicate a transition to Commercial Neighborhood (CN) zoning
  • Siding, windows, exterior doors, and gutters (with gutter guards) were all replaced in June 2024
  • Both AC units were replaced in recent years - one ±3 years ago and the other ±6 years ago

OVERVIEW

This fully leased, ±3,920 SF daycare investment property features a longstanding tenant that consistently operates at full capacity and maintains an active waitlist, demonstrating strong and sustained demand. Situated within the Woodcroft Master Association in the heart of South Durham’s Woodcroft/Hope Valley corridor, the highly walkable and accessible site benefits from a dense, affluent residential base, proximity to high-performing neighborhood retail, and convenient access to RTP, I-40, and the broader Triangle - while still offering a private, campus-like setting surrounded by mature woods.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$406 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

RS-M

APN/PARCEL ID

135690

ASK ABOUT THIS PROPERTY

Johnny WehmannSVN | Real Estate AssociatesMore Info
919-287-3218

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Johnny WehmannSVN | Real Estate AssociatesMore Info
919-287-3218

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