Property Details
- Best UseOffice
- SF87,416 sf
- Acres3.76 acres
- Building Year1905
- ZoningDD-C
- Attachments
Listing Details
- List Price$27,250,000
- Analysis
Sale Price $27,250,000 ÷ 87,416 SF GBA = $311.73 per SF of GBA
- Address308 East Pettigrew Street, Durham, NC 27701
- CityDurham
- CountyDurham
- Parcel #103367 & 103372
- Listing Agent(s)
- StatusClosed
- Closed Date7/20/2018
- Data SourcePickett Sprouse Commercial Real Estate
- Listing ID76134
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.