Biotech Manufacturing
For Sale
Contact for pricing
4204 4228 and 4233 Technology Dr, Durham, NC 27704
Three fully occupied facilities support laboratory and manufacturing operations under absolute NNN leases.
Property SizeContact for details
Days on Market140
Property Features for 4204 4228 and 4233 Technology Dr
General Information
Standard status
Active
Property subtype
Industrial
Occupancy
100%
Additional Details
Three-Phase Power
Yes
Building Details
Buildings
3
Listing Agency:
Marcus & Millichap - Nashville
Listed By:
Chip Craven · License #TN 365867
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 30 at 7:25AM
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 Marcus & Millichap - Nashville
Investment Insights
Based on property information with market context.
This three-building manufacturing portfolio comprises laboratory and production facilities occupied by ALMAC and CoIMMUNE. The properties support drug development, pharmaceutical production, and clinical trial administration, with operations requiring security, sterilization, and process control. The assets are leased on a long-term, absolute NNN basis and include annual rent escalations.
The buildings are located at 4204, 4228, and 4233 Technology Dr in Durham, within the Research Triangle region. Technology Drive is approximately ten minutes from downtown Durham and Duke University, and one mile from Rt-501/N Duke St., where traffic counts exceed 27,000 cars per day. The surrounding five-mile area includes 139,192 residents and has a household income of $73,373.
The buildings are located at 4204, 4228, and 4233 Technology Dr in Durham, within the Research Triangle region. Technology Drive is approximately ten minutes from downtown Durham and Duke University, and one mile from Rt-501/N Duke St., where traffic counts exceed 27,000 cars per day. The surrounding five-mile area includes 139,192 residents and has a household income of $73,373.
Key Highlights
- Three‑building biotech manufacturing and laboratory portfolio
- 100% occupied by ALMAC and CoIMMUNE
- Long‑term absolute NNN leases with annual rent escalations
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
911
Businesses Nearby
Explore this area
Business Placement
Demographics for 27704, NC
39,532
Population
16,824
Households
2.3
Avg Household Size
36
Median Age
33%
College-Educated
85%
High-School Grad
41.4 sq mi
ZIP Area
955
Density / Sq Mi
$62,435
Median Household Income
$36,955
Median Earnings
$1,306
Median Rent
$270,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Three fully occupied facilities support laboratory and manufacturing operations under absolute NNN leases.
Where is this manufacturing property located?
The property is located at 4204 4228 and 4233 Technology Dr Durham, NC.
What are key features of this property?
This property features: Three‑building biotech manufacturing and laboratory portfolio; 100% occupied by ALMAC and CoIMMUNE; Long‑term absolute NNN leases with annual rent escalations
