4407 SILICON DRIVE RESEARCH TRIANGLE PARK, NORTH CAROLINA OFFICE BUILDING FOR SALE ±80,262 SF

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1 RESEARCH TRIANGLE PARK, NORTH CAROLINA ±80,262 SF

2 PROPERTY OVERVIEW Foundry Commercial is pleased to offer the rare opportunity to purchase the Pinnacle Park III office building which is located on 4407 Silicon Drive in Durham, North Carolina. The offering features one four-story Class B office building, totaling approximately 80,262 gross square feet and corresponds with Durham County Parcel ID BRIER CREEK TO DURHAM & CHAPEL HILL The building is situated on 7.19 acres along Silicon Drive, off Chin Page Road approximately one mile north of the Interstate 40/South Miami Boulevard interchange, 6.4 miles northwest of the Raleigh-Durham International Airport, and in close proximity to I-540, Highway 54 and Highway 147. RALEIGH-DURHAM INTERNATIONAL AIRPORT 40 The project is being offered in as is condition without representation or warranties. 540 PRICING TO DOWNTOWN RALEIGH $6,000,000 $75.00 per square foot karl.hudson@

3 SILICON DRIVE

4 BUILDING FEATURES SQUARE FOOTAGE ±80,262 gross square feet YEAR BUILT 1989, renovated 2006 STORIES Four (4) ˆ EAST ENTRANCE AVERAGE FLOORPLATE ACREAGE PARKING RATIO ELEVATOR ROOF ELECTRICAL ±20,000 SF ±7.19 total acres 4.58/1,000 SF (366 total spaces) One (1), 2500 lb. passenger elevator provides access to all four floors and one freight elevator Ballasted rubber membrane Robust 1600 amps electrical service, 3 Phase ˆ SHELL SPACE READY FOR BUILD OUT INTERIOR DOCKS SPRINKLER Restrooms on each floor have been renovated and interior office demolition is completed and ready for new interior construction Two (2) dock-high loading doors at the south end of the building Wet system UTILITIES Water and sewer provided by City of Durham Electricity provided by Duke Energy Natural Gas provided by PSNC ZONING IL (Light Industrial) within the City of Durham karl.hudson@

5 AS BUILT FLOORPLANS FLOOR ONE 20,000 SF FLOOR TWO 20,000 SF

6 AS BUILT FLOORPLANS FLOOR THREE 20,000 SF FLOOR FOUR 20,000 SF

7 TEST FIT EXAMPLE Floor One 20,000 gross square feet

8 OFFICE BUILDING SALE COMPS The 4407 Silicon Drive building is attractively priced compared to some recent office building sales within the RTP Submarket and it s one of the few office properties available for purchase. SALE PRICE PRICE/SF SALE DATE PARADIGM PARK I & II 2222 & 2224 NC 54 DURHAM, NC $16,200,000 May LABORATORY DRIVE DURHAM, NC $5,215, STIRRUP CREEK DRIVE DURHAM, NC $10,948, TW ALEXANDER DRIVE RESEARCH TRIANGLE PARK, NC $1,950,000 LOCATION 1 3 TO DURHAM & CHAPEL HILL BRIER CREEK $108.85/SF RALEIGH-DURHAM INTERNATIONAL AIRPORT $93.18/SF Dec $82.94/SF Nov $89.73/SF TO DOWNTOWN RALEIGH 4 Sept karl.hudson@

9 DRIVE TIME MAP The 4407 buildings central location within the Research Triangle Park submarket gives employers access to 95% of the workforce in the Raleigh, Durham, Cary and Chapel Hill areas. 30 MINUTES DRIVE TIME POPULATION (2018) 1,394,017 PROJECTED POPULATION (2023) 1,537,503 MEDIAN HH INCOME (2018) $80,346 LABOR POPULATION (AGE 16 & OVER) 1,115,462 SOURCE: SITES USA