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Kitt Creek Office Park
Off-Market
5302 State Highway 55, Durham, NC 27713
This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.
- Property Type Office - General Office
- Property Size 60,000 SF
- Lot Size 30.24 Acre
- Parking Spaces Avail. 240
- Parking Ratio 4.00/ 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 2003
False
Location
- City Durham, NC
- Neighborhood Parkwood
- Zip Code 27713
- Market Raleigh Durham
Contacts
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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 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
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.
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
Tax
- Market Value* $3
- Assessed Value $3
Find more tax info, including assessment history and abatements, on CommercialEdge
*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 Kitt Creek Office Park?
Kitt Creek Office Park totals 60,000 square feet.
When was this property built?
Kitt Creek Office Park was built in 2003.
What is the market value for Kitt Creek Office Park?
The market value* for Kitt Creek Office Park in 2021 was $3.
*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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