4220 NC Highway 55

4220 NC Highway 55, Durham, NC 27713

Property Information

  • 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 

Contacts

Judson McMillan

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.

Contact Listing Broker
Judson McMillan

York Properties

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