Small Office Portfolio @ High Traffic Location
Office | 5,220 SqFt
Marketing description
2117 and 2121 Guess Road consist of two (2) highly purposeful, single story buildings that have been beautifully renovated and maintained by the owner. Both buildings feature immaculate, fully turnkey interiors following substantial renovations completed in 2022, with consistent, high-quality finishes throughout the portfolio.
2117 Guess Road consists of +/- 2,070 square feet with multiple offices, conference room, restroom and storage. The 0.46 acre parcel is split zoned with the building 3150 square foot building sitting on CN: Commercial Neighborhood zoning, while the parking lot is O&I: Office/Institutional.
2121 Guess Road consist of +/- 3,150 square feet with offices along the window line, meeting rooms, restrooms, storage and a very nice kitchen area. The 0.26 acre parcel is zoned O&I: Office/Institutional.
The two freestanding buildings are ideally suited for an owner user with consumer and administrative operations or seeking to attract tenant cash flow in the adjacent building. The variable zoning provides for a multitude of uses that can immediately serve the occupant and the community.
Link to Offering Memorandum: https://drive.google.com/file/d/11sJynTLzTKKzlIM2_JeTyRpmD-MYuaW_/view
Investment highlights
- Prime Location with Built-In Demand - This dual-parcel opportunity represents a strategic acquisition in one of Durham's most resilient and evolving commercial corridors. Situated on a prime intersection just south of I-85, these properties benefit from high-visibility frontage along a primary thoroughfare that serves as a critical artery between the established North Durham residential neighborhoods and the bustling Duke University and Medical Center campuses.
- Turnkey Assets with Minimal Capital Needs - Investing offers a premier, risk-mitigated entry into the Durham market through a pair of truly turnkey assets. Unlike typical commercial offerings that require immediate oversight or heavy tenant improvement allowances, both buildings underwent a comprehensive, high-quality renovation in 2022. This total modernization ensures minimal capital needs for the foreseeable future, as the high-end, consistent finishes across both interiors provide a cohesive, "Class A" feel that is ready for immediate occupancy.
- Flexibility Today, Upside Tomorrow - For the savvy investor or owner-user, this is a true plug-and-play opportunity; the heavy lifting of construction and interior design has already been executed, significantly reducing lease-up friction and protecting your internal rate of return (IRR). Complemented by strong parking ratios—a rare and valuable commodity in Durham's tightening corridors—these assets are perfectly positioned to attract high-credit tenants who prioritize modern aesthetics and ease of access. By eliminating the burden of near-term capital expenditures, this acquisition allows you to focus entirely on growth and stabilized cash flow in one of the Research Triangle's most active submarkets.
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