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Three-Story Multi-Tenant Office Building
For Lease
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2828 Croasdaile Drive, Durham, NC 27705

Second and third floors are available with renovated lobby and balcony space, offering immediate occupancy and I-85 access.

Space Size3,722 SF - 23,316 SF
Property Size66,563 SF
Days on Market64

Property Features for 2828 Croasdaile Drive

General Information

Standard status Active
Size 3,722 SF - 23,316 SF
Property subtype Office
Occupancy 16%

Additional Details

Highway Access Yes

Building Details

Building Size 66,563 SF
Year Built 1988
Stories 3
Tenancy Multiple

Spaces For Lease

at 2828 Croasdaile Drive Contact us

Suite 102

Size
6,461 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 125

Size
3,722 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 200

Size
22,475 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 300

Size
23,316 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Avison Young - Raleigh Durham
Listed By: Blake Thomas · License #283614
Source: Crexi
Added: Jun 19 Changed: Aug 10 Last Checked: Aug 20 at 12:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avison Young - Raleigh Durham

Investment Insights

Based on property information with market context.

This three-story, multi-tenant office building offers entire second and third floors for immediate occupancy. The property is described as 16% leased, and it features a renovated lobby plus balcony space on all floors, supporting a more finished workplace environment for incoming tenants.

Access is a key attribute, with seamless connections to Interstate 85 for routes throughout the Triangle region. The building’s setup as a multi-tenant office also supports straightforward leasing options for companies looking for substantial floor plate space.

The available second and third floors totaling 45,791 square feet are positioned for tenants that want a longer-term home in an operational office building. For buyers and investors, the property includes existing income from credit tenant Corning Incorporated, with the public remarks noting an S&P rating of BBB+. This combination of in-place tenancy and ready-to-occupy space may support a range of operating strategies for qualified parties.

Key Highlights

  • Three‑story, multi‑tenant office building built in 1988
  • Entire second and third floors available totaling 45,791 SF for immediate occupancy
  • Renovated lobby plus balcony space on all floors

Property Analytics

Current Use

Dr. Todd A. Perla, ... Pediatrician Watts College of Nursing College Reddy Navin MD Physician

Suggested Use

Top Pick Auto Parts Store Kitchen & Bath Showroom Building Supply Parking Lot & Garage Grocery & Convenience Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16%
Occupancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

765
Businesses Nearby

Demographics for 27705, NC

50,472
Population
24,108
Households
2.1
Avg Household Size
34
Median Age
62%
College-Educated
91%
High-School Grad
42.1 sq mi
ZIP Area
1,199
Density / Sq Mi
$71,153
Median Household Income
$43,138
Median Earnings
$1,422
Median Rent
$398,500
Median Home Value

Market

Lease Benchmarks for Durham, NC

$53.1 /SF/Yr
Avg Asking Price
$4.63–$252 /SF/Yr
Price Range
19,030 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Second and third floors are available with renovated lobby and balcony space, offering immediate occupancy and I-85 access.
Where is this office units located?
The property is located at 2828 Croasdaile Drive Durham, NC.
What are key features of this property?
This property features: Three‑story, multi‑tenant office building built in 1988; Entire second and third floors available totaling 45,791 SF for immediate occupancy; Renovated lobby plus balcony space on all floors
More about this property
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