Facebook Pixel 320 & 380 East Pettigrew Street Durham, NC | 308 East Pettigrew…
Office • Sold
Best Use
Office
  • 87,416 sf
  • 3.76 acres
City
Photo of Durham
Durham
County
Photo of Durham
Durham

Property Details

Listing Details

  • List Price
    $27,250,000
  • Analysis

    Sale Price $27,250,000 ÷ 87,416 SF GBA = $311.73 per SF of GBA

  • Address
    308 East Pettigrew Street, Durham, NC 27701
  • City
    Durham
  • County
    Durham
  • Parcel #
    103367 & 103372
  • Listing Agent(s)
  • Status
    Closed
  • Closed Date
    7/20/2018
  • Data Source
    Pickett Sprouse Commercial Real Estate
  • Listing ID
    76134

Notes

The properties included in the portfolio are listed below: 302 E Pettigrew St-The Prizery: 14,484 SF 302 E Pettigrew St-Dibrell Warehouse: 52,118 SF 303 S Roxboro St-Receiving Room: 20,814 SF The properties were fully leased at the time of sale. The buyer reported a 6.85% in-place cap rate which derived a $1,866,625 NOI.

Information deemed reliable but not guaranteed to be accurate. © Pickett Sprouse Commercial Real Estate. All rights reserved.