1105 Main StDurham, NC 27701

  • Office properties
  • 5,956 SF
For Lease
$30/SF/YR View listing

Property Details for 1105 Main St

Year built
2019
Property size (Sq ft)
5,956 SF
Property type
Office properties
APN
227430
APU
227430

Description

This exceptional retail space, located at 1105 W Main St in Durham, NC 27701, offers 2,695 square feet of prime commercial real estate within The Bartlett, a newly constructed (2019) building. The Bartlett is a 64,400 square foot mixed-use development featuring a striking modern design incorporating brick, metal, and wood elements, reflecting the aesthetic of the nearby Brightleaf district. The space is ideal for a single-tenant occupant and benefits from floor-to-ceiling glass windows, providing excellent natural light and visibility. The building's sustainable features, including solar panels on parking canopies that power common areas, contribute to an environmentally conscious environment. This location provides easy access to the energy and vibrancy of Durham, offering a unique opportunity for a business seeking a contemporary and sustainable space in a thriving urban setting. The property is a single-tenant space within a larger building, offering a blend of modern design and eco-conscious features. This is a rare opportunity to establish a presence in a highly desirable Durham location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,424,313
    6.5%
    $1,314,751
    7%
    $1,220,840
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,367,140
    Geo Method
    $1,367,140
  • Alternative Use

    Use
    Valuation
    Residential
    $1,630,291
    Hospitality
    $1,493,338
    Educational
    $1,242,439
    Medical
    $1,285,169
    Retail
    $1,932,684
1105 Main St, Durham, North Carolina

Location Insight

City
Durham
County
Durham
State
North Carolina
Latitude
36.0012
Longitude
-78.9119
CBSA code
20500
CBSA name
DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,583
-
$878,529
$878,529
-
-
$878,529
$878,529

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