640 Meadowlands Dr

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640 Meadowlands Dr

Hillsborough, NC 27278
Asking Price
$4.80M
Asset Type
Office
Class
Class B

What's Special

640 Meadowlands Drive is situated in Hillsborough, North Carolina, within a professional business park setting characterized by landscaped grounds and quiet surroundings. The property is located near the intersection of Highway 86 and I-40, providing direct regional access to Durham, Chapel Hill, and the broader Research Triangle area. Nearby amenities include various retail centers, grocery stores, and dining options within a short drive. The location offers ample on-site parking and accessible transit routes, balancing a suburban atmosphere with proximity to major transportation corridors. The asset is well-suited for professional services, administrative headquarters, or medical office use. Its floor plan and tranquil setting fit the needs of legal firms, accounting practices, or healthcare consultants requiring private workspaces and client meeting areas. Typical tenants for this location include established local businesses or regional satellite offices seeking a functional environment outside of high-density urban centers. The property’s configuration supports flexible layouts for both collaborative teams and individual offices, catering to organizations focused on productivity and accessibility for a regional workforce.

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NOI
$80,000
Cap Rate
1.67%
DSCR
0.28
Underwater
Cash-on-Cash
-14.23%
Monthly Payment
$23,747.781
Annual Cash Flow
$-204,973.372

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