4425 Ben Franklin Rd | Durham, NC 27704
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- LoopNet Team
4425 Ben Franklin Rd
Durham, NC 27704
Light Industrial Property For Sale
Investment Highlights
- Value-add opportunity to acquire a vacant flex/lab building in a city that is in an excellent position to recover from the pandemic.
- Ideally located in a well-established, mixed-use park including medical office, lab, flex, retail, apartments, and senior living.
- Positive market trajectory continues for flex/lab product with vacancy at 7.9% allowing a buyer to capitalize a strong life sciences market.
- Easy access to N Duke Street, quickly reaching other major highways like I-85, or downtown Durham in less than 10 minutes.
PROPERTY FACTS
| Property Type | Light Industrial | Year Built | 2000 |
| Property Subtype | R&D | Tenancy | Single |
| Building Class | B | Parking Ratio | 3.38/1,000 SF |
| Lot Size | 3.76 AC | Clear Ceiling Height | 12 ft |
| Rentable Building Area | 40,540 SF | Level Access Doors | 1 |
| Number of Floors | 2 |
| Property Type | Light Industrial |
| Property Subtype | R&D |
| Building Class | B |
| Lot Size | 3.76 AC |
| Rentable Building Area | 40,540 SF |
| Number of Floors | 2 |
| Year Built | 2000 |
| Tenancy | Single |
| Parking Ratio | 3.38/1,000 SF |
| Clear Ceiling Height | 12 ft |
| Level Access Doors | 1 |
Amenities
- Bio-Tech/ Lab Space
- Bus Route
- Signage
- Wet Lab
Utilities
- Gas - Natural
- Water - City
PROPERTY TAXES
| Parcel Number | 172232 | Improvements Assessment | £5,990,737 |
| Land Assessment | £662,251 | Total Assessment | £6,652,988 |
PROPERTY TAXES
Parcel Number
172232
Land Assessment
£662,251
Improvements Assessment
£5,990,737
Total Assessment
£6,652,988
zoning
| Zoning Code | OI-2 (Office & Institutional) |
| OI-2 (Office & Institutional) |
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