Fully Occupied Office
For Sale
Contact for pricing
5285 N Roxboro St, Durham, NC 27712
The 6,724-square-foot office property is fully leased to the City of Durham under a long-term tenancy.
Property Size6,724 SF
Price / SF$222.34
Days on Market193
Property Features for 5285 N Roxboro St
General Information
Standard status
Active
Size
6,724 SF
Class
B
Property subtype
Office
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Stabilized
Net Operating Income
$92,000
Building Details
Tenancy
Single
Listing Agency:
Calculus Commercial
Listed By:
Garry Cutright · License #NC293811
(267) 535-0342
Source:
Crexi
Added: Apr 6
Changed: Oct 4
Last Checked: Oct 12 at 7:37PM
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 Calculus Commercial
Investment Insights
Based on property information with market context.
This office building contains 6,724 square feet of commercial space and is currently occupied in full. The property is leased to the City of Durham as a long-term tenant, providing an established occupancy profile for the asset.
Located at 5285 N Roxboro St in Durham, North Carolina, the building offers an office-focused commercial property within the city. The source information identifies modern amenities and describes the improvements as meticulously maintained, although specific features are not detailed.
Located at 5285 N Roxboro St in Durham, North Carolina, the building offers an office-focused commercial property within the city. The source information identifies modern amenities and describes the improvements as meticulously maintained, although specific features are not detailed.
Key Highlights
- 6,724‑square‑foot office building
- 100% occupancy
- Long‑term tenant is the City of Durham
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,845
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,076,900
$2.1M
Cap Rate 7%
$1,483,500
$1.5M
Cap Rate 9%
$1,153,833
$1.2M
Market Conditions
NOI Build-Up for 6,724 SF
Gross rent
$167.8K $24.96/SF
− Vacancy
−$29.4K −$4.37/SF
EGI
$138.5K $20.59/SF
− OpEx
−$34.6K −$5.15/SF
NOI
$103.8K $15.44/SF
Area
Durham, NC
Vacancy
17.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,076,900
Cap Rate 7%
$1,483,500
Cap Rate 9%
$1,153,833
Alternative Uses
Best Use
Office B
$1.48M
$1.30M – $1.73M
NOI $103,845 @ 7.0% cap · market cap 6.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M
NOI $151,988 @ 7.0% cap · market cap 10.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
Explore this area
Business Placement
Demographics for 27712, NC
21,683
Population
9,686
Households
2.2
Avg Household Size
46
Median Age
49%
College-Educated
94%
High-School Grad
33.2 sq mi
ZIP Area
653
Density / Sq Mi
$91,190
Median Household Income
$53,060
Median Earnings
$1,614
Median Rent
$324,400
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 - The 6,724-square-foot office property is fully leased to the City of Durham under a long-term tenancy.
Where is this office building located?
The property is located at 5285 N Roxboro St Durham, NC.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 6,724‑square‑foot office building; 100% occupancy; Long‑term tenant is the City of Durham
