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2828 Croasdaile Drive
Durham, NC 27705
Asking Price
$5.75M
Asset Type
Medical Office Office
Class
Class B
What's Special
Office | 66,563 SqFt <ul><li>Move-in ready and divisible space (6,461 sf - 55,974 sf)</li><li>Two desirable full floor opportunities (both demisable).</li><li>One with open floor plan, large conference room, shower facilities and balconies; the other configured for offices and classrooms with demountable wall systems.</li><li>Partially leased by Corning Incorporated (10,589 sf)</li><li>Extensive renovations under current ownership including lobby and first floor restrooms</li><li>Branding opportunities with bu
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NOI
$80,000
Cap Rate
1.39%
DSCR
0.23
Underwater
Cash-on-Cash
-15.15%
Monthly Payment
$28,447.863
Annual Cash Flow
$-261,374.352
