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    3020 Miami Blvd Durham, NC 27703

    Sponsored
    For Lease
    $20 SF/Yr

    Prime Durham office, flexible suites available

    Lot size:
    32,950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class B office building, located at 3020 S. Miami Blvd in Durham, NC 27703, offers a unique opportunity for businesses seeking flexible and modern workspace. The property boasts a total of 32,950 square feet across two stories, situated on a generous 2.86-acre lot. Currently, there is 7,008 square feet of immediately available space, divisible into units as small as 3,500 square feet, with a maximum contiguous space of 7,008 square feet. The building underwent a complete renovation in 2021, ensuring modern amenities and a comfortable work environment. The property features ample parking with a ratio of 5.95 spaces per 1,000 square feet, and convenient elevator access. This multi-tenant building is ideal for a variety of businesses, offering the flexibility to accommodate different space requirements. Its prime location in Durham, North Carolina provides easy access to major transportation routes and a vibrant business community. The property is currently available for lease. Don't miss this chance to secure your ideal office space in this highly sought-after location. Contact us today to schedule a viewing.

    Property Features for 3020 Miami Blvd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,950 SF
    Class
    B
    Total Rate
    54916.67

    Building Details

    Year Renovated
    2021
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 200
    Size
    7,008 SF
    Rate per SF
    $20

    HighLights

    • High‑visibility location at the intersection of S. Miami Blvd and T.W. Alexander Drive.
    • Monument signage opportunity available.
    • Tenant improvement allowance offered by landlord.
    • Abundant parking: 5.95 spaces per 1,000 square feet.
    • Excellent access to Research Triangle Park and RDU International Airport.
    • Convenient access to major roadways including I‑40, I‑885, Hwy 70, and the Triangle Expressway.
    Property Profile Location Intelligence

    Current Use by Public Records

    North Carolina Oral ... Orthodontist Edward Jones - Financial ... Financial Consultant Lane Kids Dentistry ... Pediatric Dentist Dr. Carol Iglesia Dentist Huyen Chau Vu ... Oral Surgeon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Wholesale Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.8468165
    Latitude
    35.9249095

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    FAQs

    What type of property is this?
    Office space - Prime Durham office, flexible suites available
    Where is this office space located?
    The property is located at 3020 Miami Blvd Durham, NC.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: High-visibility location at the intersection of S. Miami Blvd and T.W. Alexander Drive.; Monument signage opportunity available.; Tenant improvement allowance offered by landlord.
    Request Owner's contact information
    3020 Miami Blvd Durham, NC 27703
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    Durham, NC 27703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3020 Miami Blvd Durham, NC 27703
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