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    4825 Creekstone Dr Durham, NC 27703

    Sponsored
    For Lease
    $24 SF/Yr

    97,074 SF Office Building, 25,280 SF Available

    Lot size:
    97,074 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional four-story Class B office building, situated on 10.13 acres in Durham County's Creekstone Park, offers 97,074 square feet of space. Currently, 25,280 square feet is available for lease, presenting a significant opportunity for businesses seeking a prominent location. Built in 1998, the property boasts convenient access to major transportation arteries, including I-40, I-540, Page Road, and Raleigh-Durham International Airport (RDU). Its central location within Creekstone Park provides proximity to a variety of amenities, such as banks, restaurants, and shopping centers. The building features multiple tenancies, elevators, and is zoned PC. The property's substantial size and prime location make it an ideal choice for companies seeking a high-profile presence in Durham, North Carolina. With its ample square footage and strategic location, this property offers significant potential for growth and success. The address is 4825 Creekstone Drive, Durham, NC 27703. This executive office space is perfect for businesses seeking a prestigious and convenient location in a thriving business community. The building's substantial size and available space provide flexibility for a variety of business needs.

    Property Features for 4825 Creekstone Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    97,074 SF
    Class
    B
    Total Rate
    194148

    Building Details

    Year Built
    1998
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 300
    Size
    25,280 SF
    Rate per SF
    $28

    HighLights

    • Class B office building totaling 97,074 square feet on four floors.
    • 4 spaces per 1,000 square feet parking ratio.
    • Impressive 75‑foot‑high atrium with custom suspended sculpture.
    • High‑quality interior furnishings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dennis J. Darcey, ... Doctor Att Corporate Office Net IQ Corporation Business Management Consultant Duke Occupational Health ... Occupational Medical Physician Miranda R. Gainey, ... Nurse Practitioner

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.843778497515
    Latitude
    35.882811870258

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    FAQs

    What type of property is this?
    Office space - 97,074 SF Office Building, 25,280 SF Available
    Where is this office space located?
    The property is located at 4825 Creekstone Dr Durham, NC.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: Class B office building totaling 97,074 square feet on four floors.; 4 spaces per 1,000 square feet parking ratio.; Impressive 75-foot-high atrium with custom suspended sculpture.
    Request Owner's contact information
    4825 Creekstone Dr 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
    4825 Creekstone Dr Durham, NC 27703
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