555 Mangum | Durham, NC_Imóvel à venda
555 Mangum | Durham, NC_Imóvel à venda
555 S Mangum St, Durham, NC, 27701-4688, US

555 Mangum | Durham, NC

Descrição

Jones Lang Lasalle, a North Carolina licensed real estate broker (“JLL”), has been retained as the exclusive sales representative for 555 Mangum. 555 Mangum is a 62.5% leased, 251,464 SF, trophy office building located in Downtown Durham, providing corporations and their employees with an unmatched live, work, play environment.


The skyline shaping office tower features a diverse rent roll and 6.7 years of WALT, offering stability alongside near-term leasing upside. Furthermore, the offering includes an income producing parking facility featuring 812 spaces in total and allows for robust long term upside as the immediate area continues to densify driving outsized revenue growth for monthly contracts and transient parking uses. The ground level of 555 Mangum features over 18,000 SF of available street retail including three (3) retail suites in the building and two (2) nestled in the parking garage.


The asset, which is positioned at the intersection of S Mangum Street, and the Durham Freeway, is surrounded by the Durham Bulls Athletic Stadium, chef driven restaurants, lively nightlife options, and a large concentration of multifamily and residential uses occupied primarily by high income, talented tech workers and millennials. It also boasts a rooftop restaurant and bar opening Q2 2025 overlooking the city. 555 Mangum represents a generational opportunity to establish scale in one of the most fundamentally attractive urban nodes in the world.

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Atributos

Área de construção bruta
23.362 m²
Ocupação
62,5%
Ano de construção
2020
WAULT
6.7 anos

Mídia

Destaques do investimento

  • Generational core offering in Durham's most coveted location
  • Highly accessible location with unmatched visibility
  • discount to replacement cost
  • Market leading Class A construction, on-site amenities
  • Dynamic CBD Location
  • Collaborative, stem-based ecosystem
  • Robust parking upside
555 Mangum | Durham, NC 4_Imóvel à venda
555 Mangum | Durham, NC 4_Imóvel à venda

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555 Mangum | Durham, NC (0 Propriedades)

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Última atualização
22 de abr de 2025