Office Building with Absolute NNN
For Sale
Contact for pricing
3000 Croasdaile Drive, Durham, NC 27705
Office property near Duke University and Duke University Hospital with direct access to Interstate 85 and U.S. Highway 501.
Property Size20,069 SF
Days on Market144
Property Features for 3000 Croasdaile Drive
General Information
Standard status
Active
Size
20,069 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
CBRE - Portland
Listed By:
Joseph Blatner · License #OR 980500024, NV S.0196647
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 10:57PM
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 CBRE - Portland
Investment Insights
Based on property information with market context.
The property is a 20,069-square-foot office building at 3000 Croasdaile Drive in Durham, North Carolina. It is structured for one absolute NNN lease with a 20-year initial term, 10% rent increases every five years, and four additional five-year options.
Direct access is available to Interstate 85 and U.S. Highway 501, with reported daily traffic exceeding 87,000 vehicles on I-85 and 57,000 vehicles on U.S. 501. The building is approximately one mile from Duke University and Duke University Hospital, and it is adjacent to Croasdaile Country Club.
The property is also positioned near Research Triangle Park, which includes 170 companies, approximately 49,000 full-time employees, and 10,000 contract workers. Duke University’s campus spans more than 8,700 acres and includes 245 buildings with approximately 15,000 students, based on the cited 2014 figures.
Direct access is available to Interstate 85 and U.S. Highway 501, with reported daily traffic exceeding 87,000 vehicles on I-85 and 57,000 vehicles on U.S. 501. The building is approximately one mile from Duke University and Duke University Hospital, and it is adjacent to Croasdaile Country Club.
The property is also positioned near Research Triangle Park, which includes 170 companies, approximately 49,000 full-time employees, and 10,000 contract workers. Duke University’s campus spans more than 8,700 acres and includes 245 buildings with approximately 15,000 students, based on the cited 2014 figures.
Key Highlights
- 20,069‑square‑foot office building at 3000 Croasdaile Drive, Durham, NC 27705
- Absolute NNN lease with a 20‑year initial term
- 10% rent increases every five years
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
802
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office property near Duke University and Duke University Hospital with direct access to Interstate 85 and U.S. Highway 501.
Where is this office building located?
The property is located at 3000 Croasdaile Drive Durham, NC.
What are key features of this property?
This property features: 20,069‑square‑foot office building at 3000 Croasdaile Drive, Durham, NC 27705; Absolute NNN lease with a 20‑year initial term; 10% rent increases every five years
