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    Property profile & analytics
    OFF-MARKET
    Distribution centers

    3508 Tricenter Blvd, Durham, NC 27703

    272,937 SF Built 1989
    Individually Owned 6-yr Hold
    Property ID
    US53-1903750
    Property summary
    AI-generated overview

    This exceptional 272,937-square-foot industrial warehouse, located at 3508 Tricenter Blvd in Durham, NC 27713, presents a unique opportunity for multiple tenants or a single large-scale operation. Built in 1989 and extensively renovated in 2017, the property boasts a single-story design with a remarkable 21-foot ceiling height. The warehouse features 31 loading docks equipped with 9x10 doors, along with one drive-in door. The expansive space offers a minimum divisible area of 125,789 square feet, with a maximum contiguous space of 272,837 square feet, currently entirely vacant. The property includes 4,500 square feet of office space. Ample parking is provided with 28 trailer spaces and 127 associate parking spots. The building's robust infrastructure includes a 400a/600v 3-phase electrical system, an ESFR sprinkler system, and reinforced concrete exterior walls. The truck court offers a generous 184-foot depth, and column spacing is 40 feet wide by 40 feet deep. This prime Durham location offers immediate occupancy for businesses seeking a high-quality, well-maintained industrial space. The property is ready for immediate occupancy.

    Property profile
    Verified
    Property type Distribution centers
    Year built 1989
    Total area 272,937 SF
    UPID US53-1903750
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Tricenter Self Storage Facility Storage Facility
    • HatchBeauty Labs Warehouse & Storage
    • Amcor Warehouse & Storage
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Dg Indl Portfolio E Prop Owne · 6 yrs held
    Dg Indl Portfolio E Prop Owne
    since 2020
    6 recorded transactions
    2020
    $22.6M
    2018
    2018
    $16.8M
    2016
    2016
    $10.2M
    2016
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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