For Sale
For Sale
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Overview
Property is located in Durham’s exclusive Treyburn Corporate Park, a 5,300-acre corporate park, country club, and residential area in northeastern Durham. Real Estate Associates, as exclusive listing agent, is pleased to present for lease or for sale, 5201 International Drive, a ±28.2 acre campus in Durham’s exclusive Treyburn Corporate Park. The property consists of two buildings—a vacant ±11,700 SF office and lab building, which is available for lease immediately, and a ±28,650 SF high bay industrial building currently utilized by the owner, ThermoChem Recovery International (TRI), Inc. TRI will sign a 10-year initial term lease with a new owner for the warehouse at a market rate of $4.50/SF, triple net. The undeveloped portion of the property has been test fit by a local engineer to show additional development potential, including the ability to construct a flex/warehouse building of approximately 28,125 SF, or an additional office building of 29,575 SF. Treyburn Corporate Park is home to multinational companies including bioMerieux, AW North Carolina, Corning, Cormetech and Merck, serving as a hub for advanced manufacturing, biopharmaceuticals and materials science.
For Lease
5201 International Drive
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Time on Market
about 4 years
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Space ID
1915265
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Presented By
Real Estate AssociatesCarey GreeneGary Kramling
Property Details
Property is located in Durham’s exclusive Treyburn Corporate Park, a 5,300-acre corporate park, country club, and residential area in northeastern Durham. Real Estate Associates, as exclusive listing agent, is pleased to present for lease or for sale, 5201 International Drive, a ±28.2 acre campus in Durham’s exclusive Treyburn Corporate Park. The property consists of two buildings—a vacant ±11,700 SF office and lab building, which is available for lease immediately, and a ±28,650 SF high bay industrial building currently utilized by the owner, ThermoChem Recovery International (TRI), Inc. TRI will sign a 10-year initial term lease with a new owner for the warehouse at a market rate of $4.50/SF, triple net. The undeveloped portion of the property has been test fit by a local engineer to show additional development potential, including the ability to construct a flex/warehouse building of approximately 28,125 SF, or an additional office building of 29,575 SF. Treyburn Corporate Park is home to multinational companies including bioMerieux, AW North Carolina, Corning, Cormetech and Merck, serving as a hub for advanced manufacturing, biopharmaceuticals and materials science.
- Property TypeOffice
- Submarket
- Sale Price$3,450,000
- Total Building Size11,700RSF
- Total Available11,700RSF
- Largest Contiguous11,700RSF
- Building ClassB
- Sale StatusAvailable
- Property ID2133412