Single-Tenant NNN Office
For Sale
Contact for pricing
Pending
618 E Ramseur St, Durham, NC 27701
100% leased single-tenant NNN property, gut-renovated in 2020 and originally constructed in the 1930s.
Property Size3,910 SF
Days on Market1022
Property Features for 618 E Ramseur St
General Information
Standard status
Pending
Size
3,910 SF
Property subtype
Office
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1930
Year Renovated
2020
Tenancy
Single
Listing Agency:
Maverick Partners
Listed By:
Bradley Wiese · License #NC 196718
Source:
Crexi
Added: Oct 13, 2023
Changed: Jul 22
Last Checked: Jul 24 at 5:05PM
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 Maverick Partners
Investment Insights
Based on property information with market context.
Maverick Partners presents a 100% leased, single-tenant NNN property at 618 E Ramseur St in Durham, North Carolina. Originally constructed in the 1930s, the historic structure was completely gut renovated in 2020. The seller has executed a 10-year absolute NNN leaseback with no owner responsibilities.
This offering represents a 39% condo interest in the aggregate property and includes common access to ample on-site parking. The property is immediately adjacent to Hwy 147 (Durham Freeway), supporting quick access to Duke University, Research Triangle Park, the new Apple RTP Campus, and Raleigh-Durham International Airport.
This offering represents a 39% condo interest in the aggregate property and includes common access to ample on-site parking. The property is immediately adjacent to Hwy 147 (Durham Freeway), supporting quick access to Duke University, Research Triangle Park, the new Apple RTP Campus, and Raleigh-Durham International Airport.
Key Highlights
- 100% leased single‑tenant NNN property
- 10‑year absolute NNN leaseback with no owner responsibilities reported
- Originally constructed in 1930; completely gut renovated in 2020
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,365
Businesses Nearby
Explore this area
Business Placement
Demographics for 27701, NC
25,208
Population
13,409
Households
1.9
Avg Household Size
34
Median Age
50%
College-Educated
85%
High-School Grad
5.2 sq mi
ZIP Area
4,848
Density / Sq Mi
$66,852
Median Household Income
$47,681
Median Earnings
$1,279
Median Rent
$457,600
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?
NNN property - 100% leased single-tenant NNN property, gut-renovated in 2020 and originally constructed in the 1930s.
Where is this nnn property located?
The property is located at 618 E Ramseur St Durham, NC.
What are key features of this property?
This property features: 100% leased single‑tenant NNN property; 10‑year absolute NNN leaseback with no owner responsibilities reported; Originally constructed in 1930; completely gut renovated in 2020
