1804 Martin Luther King Jr Pkwy, Durham, NC 27707
This exceptional 1,000 square foot office space is located within the Madison Centre at 1804 Martin Luther King Jr Parkway, Suite 111, in Durham, North Carolina. Situated on a 2.53-acre lot, this two-story building offers a total of 9,992 square feet, with 1,000 square feet currently available for lease. The property, built in 1986, is zoned OI and features a convenient multi-tenant setup. Its prime location in the South Durham submarket provides easy access to a wealth of amenities. Enjoy the convenience of nearby shopping centers, restaurants, grocery stores, cinemas, and banks, all within walking distance. The property's strategic location also offers excellent proximity to major institutions and transportation hubs. It's just three miles from Duke University, eight miles from UNC, eight miles from Research Triangle Park, and fifteen miles from Raleigh-Durham International Airport. This versatile space is ideal for both executive office and medical office uses. The monthly lease rate is $2,200, plus utilities. The property's APN is 202809, and it's located in Durham County, North Carolina, zip code 27707. This is a fantastic opportunity to secure a well-located and functional office space in a thriving area.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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