- For Sale $6,265,000
- Property Type Office
- Property Size 30,648 SF
- Cap Rate % 7
- # of Floors 3
- Date Updated May 15, 2026
Description
Forest Creek is a well-positioned office building investment opportunity strategically located at the intersection of NC Highway 55 and I-40 on the western border of Research Triangle Park(RTP). The 30,648-square-foot, three-story building features modern finishes and professional amenities and is currently 90%* occupied. The property benefits from strong operating fundamentals and a diversified, creditworthy tenant roster spanning the healthcare, education, and nonprofit sectors. The property generates $438,475 in annual net operating income (NOI) at a weighted average lease rate of $22.72 per square foot, which is $2-$5 PSF below the immediate office submarket. Seller to provide full 12-month rent credit for vacant suite
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Contacts
York Properties
Location
Located at 4220 NC Highway 55, Durham, NC 27713, this property is part of the Copper Creek neighborhood and Raleigh Durham market.
York Properties