Map of Property

3508 Tricenter Blvd

Off-Market

3508 Tricenter Blvd, Durham, NC 27713

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 272,282 SF
  • Lot Size 14.68 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1987

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 28 Feb, 2020
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Durham

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Durham Office Market

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

  • 2022 Avg. Asking Rent $27.26
  • 2022 Office Vacancy Rate 21.89%
  • 2022 Office Completions (SF) 828,971

Durham Office Sales Trends

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

  • 2022 Avg. Price per SF $296.09
  • Y-o-Y Avg. PpSF Change 13.69%
  • 2022 Office Sales Volume $499.7M
  • 2022 Number of Transactions 15
View more Durham market trends

Location

Getting Around

  • Walk Score ®

    3/100 Car-Dependent

  • Transit Score ®

    23/100 Minimal Transit

  • Bike Score ®

    33/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Durham, NC
  • Neighborhood Wynterfield
  • Zip Code 27713
  • Market Raleigh Durham

Points of Interest

  • Durham

    4.68 miles

  • Zone 1: Prearranged Services

    6.61 miles

  • Zone 4: Limos

    6.62 miles

  • Kangaroo Express

    0.18 miles

  • BP

    0.20 miles

  • Circle K

    0.24 miles

  • Marathon

    1.42 miles

  • Kangaroo

    1.66 miles

  • Barnes Service Station

    1.74 miles

  • Town 'N' Country

    1.90 miles

  • BP

    2.17 miles

  • Family Fare

    2.17 miles

  • Circle K

    2.22 miles

  • American Tobacco Trail Parking

    3.09 miles

  • Fidelity Investments Parking Deck

    3.53 miles

  • East Parking Deck

    4.31 miles

  • South Parking Deck

    4.32 miles

  • Church Street Garage

    4.38 miles

  • Corcoran Street Garage and Lot

    4.50 miles

  • North Parking Deck

    4.52 miles

  • Chapel Hill Street Garage

    4.54 miles

  • Morgan-Rigsbee Garage

    4.61 miles

  • Durham Centre Garage

    4.70 miles

  • Bojangles'

    1.46 miles

  • Waffle House

    1.71 miles

  • Baba Ghannouj Bistro

    2.04 miles

  • Taco Bell

    2.11 miles

  • Pizza Hut

    2.11 miles

  • Arby's

    2.12 miles

  • Chick-fil-A

    2.14 miles

  • Captain D's

    2.16 miles

  • William's Gourmet Kitchen

    2.17 miles

  • Hardee's

    2.22 miles

  • Halgo European Deli

    2.11 miles

  • Food Lion

    2.44 miles

  • Harris Teeter

    3.20 miles

  • Sprouts Farmers Market

    3.38 miles

  • Roses

    3.51 miles

  • Macy's

    3.60 miles

  • Sears

    3.67 miles

  • Nordstrom

    3.70 miles

  • The Streets at Southpoint

    3.79 miles

  • Belk

    3.80 miles

  • Durham Fire Station Number 12

    1.37 miles

  • Durham Fire Station Number 4

    1.63 miles

  • Walgreens

    2.18 miles

  • Durham Police Department Substation 4

    2.28 miles

  • Durham Fire Station Number 13

    2.28 miles

  • CVS/pharmacy

    2.40 miles

  • Durham County Fire & Rescue Station 82

    2.80 miles

  • Parkwood Volunteer Fire Department

    2.98 miles

  • Duke Health Center at Southpoint

    3.33 miles

  • Lincoln Community Health Center

    3.43 miles

Frequently Asked Questions

What is the total square footage of 3508 Tricenter Blvd?

3508 Tricenter Blvd totals 272,282 square feet.

When was this property built?

3508 Tricenter Blvd was built in 1987.

When was 3508 Tricenter Blvd last sold?

3508 Tricenter Blvd was last sold on 28 Feb, 2020.

What is the property tax for 3508 Tricenter Blvd?

The property tax for 3508 Tricenter Blvd in 2023-2024 was $198,613.

What is the market value for 3508 Tricenter Blvd?

The market value* for 3508 Tricenter Blvd in 2023-2024 was $15,162,524.
*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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