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114 South Buchanan Blvd, Durham, NC 27701
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- Property Type Office - General Office
- Property Size 200,000 SF
- Lot Size 5.72 Acre
- Parking Spaces Avail. 420
- Parking Ratio 2.10/ 1,000 SF
- Property Tenancy Owner Occupied
- LEED Certified Silver
- Building Class B
- Year Built 2011
- City Durham, NC
- Neighborhood Duke East Campus
- Zip Code 27701
- Market Raleigh Durham
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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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
- Base Tax $429,631
- Market Value* $33,725,666
- Assessed Value $33,725,666
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 Smith Warehouse?
Smith Warehouse totals 200,000 square feet.
When was this property built?
Smith Warehouse was built in 2011.
What is the market value for Smith Warehouse?
The market value* for Smith Warehouse in 2021 was $33,725,666.
*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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