1490 Williamsboro St
Oxford, NC 27565

Stan Johnson Company is pleased to exclusively offer for sale to qualified investors the 13,000-square-foot medical office building, Duke Primary Care, located at 1490 Williamsboro St., Oxford, NC (the “Property”). The offering is comprised of an approximately 2.88-acre plot, along with the fee-simple ownership rights to a medical office building used for patient care and laboratory uses, that is 100% leased by Duke University Health System, Inc. (Moody’s Aa2). The newly constructed, Class A facility has over fourteen (14) years remaining on a fifteen (15) year base term with two (2), five (5) year options to renew. The lease features two (2.0%) percent annual rental increases, and a NN expense structure. The Property sits immediately off Interstate 85 at the intersection of US Highways 15 and 158 and NC 96, 25 miles northeast of Durham and 33 miles north of Raleigh. The Property lies within the Triangle North Granville business and industrial park, part of a state-certified, “ready for development” extension of the Research Triangle, for companies that want to locate or expand in the Research Triangle Region. The park qualifies for the highest-level (Tier 1) state jobs tax credit, which translates to $12,500 in tax credits for every job created by companies that locate in them. The park offers access to the skilled workforce, business-friendly climate and innovation that is the hallmark of the Research Triangle Region, home to The Research Triangle Park and three major research universities (Duke University, N.C. State University and the University of North Carolina at Chapel Hill). Furthermore, the Property is surrounded by vital, growing industries housed in state-of-the-art facilities, such as Revlon’s 900,000 SF manufacturing facility, its largest worldwide. Oxford affords both easy access to metropolitan amenities and a village atmosphere. Duke University Health employs more than 34,000 full-time employees, making it the largest employer in Durham County and the third-largest private employer in North Carolina.