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Property profile & analytics
FOR LEASE
Office buildings

4820 Emperor Blvd Durham, NC 27703

Built 2009
Entity Owned 5-yr Hold
Property ID
US53-5534773
Property summary
AI-generated overview

Iconic Location. Iconic Design. This landmark 11-story class-A office is a rare opportunity. Prime location at RTP’s “main and main” intersection, unparalleled signage, prominent visibility, and desirable amenities make Imperial Tower a must-see. Imperial Tower boasts several floors of private amenity spaces. An entire floor of new amenities including a café/bakery/coffee shop, fitness/wellness wing, social lounge, games, flexible conference facility, and outdoor gathering spaces in The Garden and Waterside Patio. From the moment you arrive, experience a workplace designed for how we work today - fostering community gatherings, inspiring fresh ideas, making everyday moments meaningful achievements. Imperial Center Business Park’s award winning location boasts incomparable amenities. Its mature and lush tree lined network offers an escape to nature for rejuvenating breaks, exercise, and team-building activities, including a basketball and volleyball court. Within 5-10 minutes, one can walk to the gym, hotels, and many cuisine options. Surrounding communities all come to satisfy their foodie cravings at Imperial Center’s premier restaurants and food truck rodeos. Come see why this park has it all.

Property profile
Verified
Property type Office buildings
Year built 2009
UPID US53-5534773
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
  • IQVIA Factory Production Facility
  • Woodruff Sarah E Physician
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
Drawbridge Emperor LLC · 5 yrs held
Drawbridge Emperor LLC
since 2020
2 recorded transactions
2022
Price N/A
2020
$89.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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