Office Space - For Sale
4220 NC Hwy 55 Durham, NC 27713
Details & Description
Call for Pricing
  • Property Type Office for Sale : Professional
  • Lot Size Acres 16.300
  • Building Sq Ft 30,648
  • Land Sq Ft 710,028
Trinity Partners is pleased to serve as the exclusive advisor on behalf of the owner of Forest Creek Office Park, an office building in Durham, North Carolina, and for the sale of two adjacent land parcels. While the building and land parcels are being packaged together, they can be purchased together or separately. The 30,648 square foot office building is fully leased to seven tenants including MindPath Support Services, Inc., DispatchHealth Management LLC, NC Virtual Academy, and Families & Communities Rising. Land parcels are ideally suited for office, flex, or retail development (±11.7 acres fronting NC Hwy. 55) and multi-family development (4.6 acres fronting Carpenter Fletcher Road).Rare stabilized office investment opportunity, 100% leasedProminent Durham location on Hwy. 55, adjacent to Meridian Corporate Center and in the path of developmentParcel A*, 11.7 acres fronting NC Hwy. 55, ideally suited for office, flex, or retail development (*subject to a recombination of ±4.7 acres, as illustrated by dotted line, with 7-acre tract fronting Hwy. 55)Parcel B, 4.6 acres fronting Carpenter Fletcher Road, ideally suited for multi-family developmentFor more information, please use link below to View confidentiality agreement and return completed agreement to eaustin@trinity-partners.com.Link: https://s3.amazonaws.com/trinity-partners.com/uploads/CONFIDENTIALITY-AGREEMENT_Forest-Creek-Office-Park-Bldg-Land-Disposition.pdf
Listing Agents
Sam DiFranco

O: 919-674-3683
sdifranco@trinity-partners.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

4220 NC Hwy 55

Durham, NC 27713

Listing ID: 208752
Property No Longer Listed
  • Property Type Office for Sale : Professional
  • Lot Size Acres 16.300
  • Building Sq Ft 30,648
  • Land Sq Ft 710,028
  • 4220 NC Hwy 55 Durham, NC 27713 | for Sale | Photo 1
  • 4220 NC Hwy 55 Durham, NC 27713 | for Sale | Photo 2
  • 4220 NC Hwy 55 Durham, NC 27713 | for Sale | Photo 3
4220 NC Hwy 55 | for Sale | Thumbnail 1
4220 NC Hwy 55 | for Sale | Thumbnail 2
4220 NC Hwy 55 | for Sale | Thumbnail 3
Description

Trinity Partners is pleased to serve as the exclusive advisor on behalf of the owner of Forest Creek Office Park, an office building in Durham, North Carolina, and for the sale of two adjacent land parcels. While the building and land parcels are being packaged together, they can be purchased together or separately. The 30,648 square foot office building is fully leased to seven tenants including MindPath Support Services, Inc., DispatchHealth Management LLC, NC Virtual Academy, and Families & Communities Rising. Land parcels are ideally suited for office, flex, or retail development (±11.7 acres fronting NC Hwy. 55) and multi-family development (4.6 acres fronting Carpenter Fletcher Road).

Rare stabilized office investment opportunity, 100% leased

Prominent Durham location on Hwy. 55, adjacent to Meridian Corporate Center and in the path of development

Parcel A*, 11.7 acres fronting NC Hwy. 55, ideally suited for office, flex, or retail development (*subject to a recombination of ±4.7 acres, as illustrated by dotted line, with 7-acre tract fronting Hwy. 55)

Parcel B, 4.6 acres fronting Carpenter Fletcher Road, ideally suited for multi-family development

For more information, please use link below to View confidentiality agreement and return completed agreement to eaustin@trinity-partners.com.

Link: https://s3.amazonaws.com/trinity-partners.com/uploads/CONFIDENTIALITY-AGREEMENT_Forest-Creek-Office-Park-Bldg-Land-Disposition.pdf

Attachments & Files

Durham Area Market Trends

Listing Demographics for 4220 NC Hwy 55 Durham, NC 27713

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population5,03748,509136,994
Population Median Age353736
Population by Age0-9 Yrs580 (11%)5819 (11%)18369 (13%)
10-19 Yrs525 (10%)5167 (10%)15826 (11%)
20-29 Yrs1068 (21%)8023 (16%)21562 (15%)
30-39 Yrs977 (19%)9032 (18%)25571 (18%)
40-49 Yrs783 (15%)6674 (13%)18706 (13%)
50-59 Yrs465 (9%)5724 (11%)15582 (11%)
60-69 Yrs390 (7%)4952 (10%)12768 (9%)
70+ Yrs249 (4%)3119 (6%)8610 (6%)
Median HH Income$67,203$68,708$70,865
Total Household Income< 24K328 (15%)2973 (14%)8275 (14%)
25-49K486 (22%)4220 (20%)11580 (20%)
50-74K377 (17%)4127 (19%)9830 (17%)
75-99K420 (19%)2973 (14%)7781 (13%)
100-199K491 (22%)5232 (24%)14081 (24%)
200K+70 (3%)1438 (6%)5099 (9%)
Highest Education LevelNo Diploma21824547864
Diploma or GED451440712440
Some College687538914293
Assoc. Degree39927106081
Bachelors Degree10971054828299
Higher Degree715910725136
Total Housing Units2,22422,16461,025
--Owner-Occupied1,03211,08628,566
--Renter-Occupied1,1409,87628,081
Owner-Occupied Values< 100K64111665
100-199K49242108068
200-299K43345209730
300-399K10013594756
400-499K03612182
500K+02252165
Total Working Age Population4,10239,519109,548
In Work Force3,24029,87280,462
Not In Work Force8639,64729,086
Workforce Employed3,15228,79576,909
Workforce Unemployed881,0203,393
Civlian Workforce3,24029,81580,303
Military Workforce058160
Total Households2,17220,96156,647
Family Households1,11211,87333,479
Non-Family Households1,0609,08923,168
Married Couple7178,25323,084
Other Family3953,61910,395
Married w/Child2903,2719,965
Single Male w/Child394481,283
Single Female w/Child1801,4914,418

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
North Carolina8,049,313+189,535,483+1110,630,691+1111,836,070
Chatham County49,329+2963,505+2277,713+2294,920
Durham County223,314+20267,587+20320,322+14366,111
Orange County118,227+13133,801+11148,610+10163,699
Wake County627,846+44900,993+231,109,883+201,328,336

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Other Office Space Listings for Sale Nearby
Address Price Sq Ft Acres
67 TW Alexander Drive, Durham, NC $8,500,000 46800 12.5
2224 North Carolina 54, Durham, NC $12,250,000 151464 14.82
1502 North Carolina 54, Durham, NC $440,000 5000 1
2515 North Carolina 55, Durham, NC CALL 13114 1
3721 University Drive, Durham, NC $185,000 1300 -
2224 Chapel Hill Road, Durham, NC $12,250,000 151464 14.82
10500 Little Brier Creek Lane, Raleigh, NC $1,600,000 4123 3.05
601 Cascade Pointe Lane, Cary, NC $958,800 4798 -
8208 Brownleigh Drive, Raleigh, NC $3,650,000 15944 3.32
3114 Croasdaile Drive, Durham, NC $3,400,000 45600 3.73
Closest Commercial Airports
Airport Distance (mi)
Raleigh Durham International Airport (RDU) 6
Piedmont Triad International Airport (GSO) 60
Roanoke–Blacksburg Regional Airport (ROA) 115
Featured Local Vendors
• SUPPORT OUR FREE PLATFORM •
The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
• Custom Radius Reports •
Cubit logo
Get the data you need. Click here

Share
Other property types near Durham, NC