3205 University Dr - Retail FOR SALE


Durham, NC 27707- South Square
$2,950,000 USD
312-543-0090
3205 University Dr, Durham, NC for Sale
$2,950,000 USD
Retail - FOR SALE
1/8
null | 7.58% Cap Rate

3205 University Dr
Durham, NC 27707
South Square


HIGHLIGHTS

  • 11,896-SF Multi-Tenant Strip Retail Center in Raleigh/Durham MSA
  • South Durham Location Near New Development Projects
  • Adjacent 1-Acre Land Parcel Available to Purchase (Not Included in Price)
  • Recent Capital Improvements: New HVAC in Grocery, Breezeway Lights, Parking Seal and Stripe, Paint, Landscaping
  • Five (5) Total Tenants | 52 Parking Spaces
  • Domino’s Pizza #2 Location in 30-Mile Radius (Placer Ai) | Near Duke University

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$248 USD /SF

CAP RATE

7.58%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

CN

APN/PARCEL ID

123221,123222

ASK ABOUT THIS PROPERTY

Andrew MarguliesMarcus & MillichapMore Info
312-543-0090

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Andrew MarguliesMarcus & MillichapMore Info
312-543-0090

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