www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33692267
33692266

3621 Lyckan Parkway, Durham, NC 27707

KG
NC 191602
Avison Young - Raleigh Durham
Listed by Avison Young - Raleigh Durham
Unpriced
0 days on market
Updated 0 days ago

3621 Lyckan Parkway

Details
APN 137005
Property Type Office
Sub Type Medical Office
Square Footage 12,000
Tenancy Vacant
Year Built 2004
Stories 2
Acreage 1.370
Zoning OI (Office and Institutional)
Parking Spaces 62 spaces
Parking Per SqFt 5.17
Investment Type Value Add

Office | 12,000 SqFt

Marketing description

Avison Young is pleased to present the opportunity to acquire a 12,000-square-foot, two-story office building in Durham, North Carolina. Offered in partial shell condition with key infrastructure already in place, the property provides a unique balance of flexibility and cost efficiency. Unlike fully built-out office properties that may require extensive demolition and reconfiguration, this asset allows users and investors to customize the interior to their specific needs while benefiting from existing building systems and improvements that can help reduce development timelines and costs.

Positioned to accommodate a variety of office and medical uses, the property offers exceptional flexibility for owner-occupants, healthcare providers, and investors alike. Strong visibility, ample parking, and a layout suitable for medical conversion make the building well-suited for primary care practices, specialty medical users, dental offices, professional service firms, and technology companies seeking long-term occupancy solutions through ownership.

For investors, the property presents a compelling value-add opportunity to complete the build-out and lease space to medical or professional office tenants in one of the Triangle's most desirable and growing submarkets. With continued demand for quality office and medical space throughout Durham, the asset offers significant potential to create long-term value through strategic redevelopment and leasing.

The combination of existing infrastructure, customization potential, and location within a strong office and healthcare market positions this property as a rare opportunity for buyers seeking flexibility, efficiency, and future upside.

Investment highlights

  • Address 3621 Lyckan Parkway
  • City, State, Zip code Durham, NC 27707
  • Building SF ±12,000 SF
  • Lot Size ±1.37 acres
  • Year Built 2004
  • Surface Parking 62 spaces
  • Parcel ID 137005
  • Zoning OI (Office and Institutional)
  • County Durham County
  • Market Raleigh/Durham
  • Submarket South Durham
  • Sale Price Contact Broker for Pricing

Listing Contacts

KG
NC 191602
Avison Young - Raleigh Durham
Listed by Avison Young - Raleigh Durham

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
OI MixedMixed UseOffice And Institutional
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 94 uses
View all 94 uses
Last updated Mar 12, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591