4364 S Alston Ave - Office FOR SALE


Durham, NC 27713- RTP
$3,150,000 USD
704-943-2300
4364 S Alston Ave, Durham, NC for Sale
$3,150,000 USD
Office - FOR SALE
1/9
null | Request Cap Rate

4364 S Alston Ave
Durham, NC 27713
RTP


HIGHLIGHTS

  • • Significant Discount to Replacement Cost
  • • Unlimited Upside Potential
  • • Unrivaled Accessibility
  • • Accessibility to Workforce
  • • Highly Flexible Floorplans Ready for Customization

OVERVIEW

Jones Lang LaSalle Americas, Inc. (“JLL”), has been retained as the exclusive sales representative for Westpark Corporate Center (the “Property”, the “Asset”), a premier office asset totaling 57,245 SF in the highly coveted Raleigh-Durham market. The Property offers a unique opportunity to acquire, enhance, and re-tenant a well-maintained office property in one of the premier markets in the country. Investors are presented with a “blank slate” value-add opportunity that benefits from its unmatched accessibility, top-tier workforce, and ability to purchase the Asset well below replacement cost.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$55 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westpark Corporate Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

225

LAND DETAILS

LAND ACRES

3.37 AC

LAND SF

146,797 SF

ZONING

PC

APN/PARCEL ID

154195

ASK ABOUT THIS PROPERTY

Chris IrwinJLLMore Info
704-943-2300

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Chris IrwinJLLMore Info
704-943-2300

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