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    Property profile & analytics
    FOR LEASE
    Commercial real estate

    4020 N Roxboro St, Durham, NC 27704

    41,828 SF 3.35 ac lot Built 1984
    Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US53-5813402
    Property summary
    AI-generated overview

    This exceptional Class A medical office building, located at 4020 N Roxboro St in Durham, NC, offers a unique opportunity for medical professionals seeking flexible and modern space. Built in 1986 and extensively renovated in 2024, the property boasts 41,558 square feet across two stories, featuring three total suites. The building is conveniently situated in the North Durham submarket of Durham County, with easy access to major transportation routes. Currently, 8,217 square feet of space is available for lease, offering a range of options to suit various practice sizes. Individual suites range from a minimum of 2,142 square feet to a maximum contiguous space of 3,874 square feet, making it ideal for both established practices and expanding businesses. The building is equipped with elevators for convenient access to all floors. This second-generation medical space is ready for immediate occupancy and offers a turnkey solution for healthcare providers seeking a prime location in a thriving community. The property's modern design and recent renovations ensure a comfortable and efficient work environment. The building's multiple tenancy structure provides a diverse and collaborative atmosphere. The zip code is 27704. This is a rare opportunity to secure high-quality medical office space in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1984
    Total area 41,828 SF
    Lot 3.35 ac (145,926 SF)
    Zoning code OI
    APN 172252
    UPID US53-5813402
    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
    • Aditee Pradhan Narayan Pediatrician Medical Clinic
    • Dr. Nancy Murray, MD Pediatrician Medical Clinic
    • Duke Geriatric Evaluation Clinic Geriatric Care Provider
    • Dr. Amber M. Hathcock, MD Pediatrician Medical Clinic
    • Herold Beth C Pediatrician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $6.96M
    CAP Approach CAP
    $8.69M
    Comparable Approach Comparable
    $7.29M
    Blend (final) Blend
    $6.73M
    Owner & transaction history
    Itac 527 LLC · 2 yrs held
    Itac 527 LLC
    since 2023
    Last sale
    $6.2M
    5 recorded transactions
    2023
    $1.5M
    2023
    $6.2M
    2023
    $6.2M
    2023
    2011
    $14.0M
    Zoning & alternative use
    OI · Durham, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $10.3M +22.1%
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    More about this property
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