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1201 South Briggs Avenue


1201 South Briggs Avenue, Durham, NC 27703

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  • Property Type Office - General Office
  • Property Size 26,936 SF
  • Lot Size 4.52 Acre
  • Parking Spaces Avail. 113
  • Parking Ratio 4.20/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 2006


  • City Durham, NC
  • Neighborhood North Carolina Central University
  • Zip Code 27703
  • Market Raleigh Durham


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  • Registered Owner


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Market Trends

Average Actual Rents in Durham

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Asking Rents in Durham Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $25.76
  • 2020 Office Vacancy Rate 15.82%
  • 2020 Office Completions (SF) 363,540

Durham Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $301.74
  • 2020 Office Sales Volume $922.6M
  • 2020 Number of Transactions 9
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  • Base Tax $52,305
  • Market Value* $4,105,944
  • Assessed Value $4,105,944

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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 1201 South Briggs Avenue?

1201 South Briggs Avenue totals 26,936 square feet.

When was this property built?

1201 South Briggs Avenue was built in 2006.

What is the market value for 1201 South Briggs Avenue?

The market value* for 1201 South Briggs Avenue in 2021 was $4,105,944.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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