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    1000 Parliament Ct Durham, NC 27703

    Sponsored
    For Lease
    Contact for pricing

    Prime RTP industrial space available.

    Lot size:
    169,520 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Class A Durham warehouse, located at 1000 Parliament Ct, Suite 200, offers 32,320 square feet of immediately available space within a larger 169,520 square foot building. The property features a desirable location in the RTP submarket, boasting 21-foot clear ceiling heights, excellent access with four dock-high doors (one equipped with an Early Order Delivery leveler) and two drive-in doors (measuring 12' x 14'). The warehouse also includes 2,162 square feet of office space. Additional features include 400 amps of available power, a calculated sprinkler system, and the option for an LED lighting upgrade. The building's column spacing is 40' x 40', and the building depth is 202 feet. This multi-tenant building provides ample space for various distribution and warehousing needs. The property also benefits from fenced outside storage. This exceptional space is perfect for businesses seeking efficient and modern industrial facilities in a prime Research Triangle Park location. Contact us today to schedule a viewing.

    Property Features for 1000 Parliament Ct

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    169,520 SF
    Class
    A

    Unit(s) available at that property

    Space
    Suite 200
    Size
    32,320 SF

    HighLights

    • 32,320 SF of immediately available Class A warehouse space in Durham's RTP submarket.
    • 2.5 miles from I‑40 & I‑540 interchange; 3 miles from RDU Airport.
    • Located in the desirable Research Triangle Park submarket.
    • Prologis Clear Lease simplifies operations by fixing operating and capital expenses for the lease term.
    • Prologis Essentials provides efficient and cost‑effective warehouse solutions.
    Property Profile Location Intelligence

    Current Use by Public Records

    US Wholesale Vapor Wholesaler Whisky River - Terminal ... Food And Drink STERIS Corporate Office SRS Building Products Wholesaler Intechra Inc Recycling Center

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Law Firm 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
    -78.837519
    Latitude
    35.8718379

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    FAQs

    What type of property is this?
    Distribution property - Prime RTP industrial space available.
    Where is this distribution property located?
    The property is located at 1000 Parliament Ct Durham, NC.
    What are key features of this property?
    This property features: 32,320 SF of immediately available Class A warehouse space in Durham's RTP submarket.; 2.5 miles from I-40 & I-540 interchange; 3 miles from RDU Airport.; Located in the desirable Research Triangle Park submarket.
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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
    1000 Parliament Ct Durham, NC 27703
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