The Village Shopping
For Sale
Contact for pricing
1000 N Miami Blvd, Durham, NC 27703
Four-building retail center with an established supermarket anchor and a broad mix of national and regional tenants.
Property Size212,996 SF
Days on Market22
Property Features for 1000 N Miami Blvd
General Information
Standard status
Active
Size
212,996 SF
Property subtype
Shopping Strip
Additional Details
Anchor Co-Tenants
Tropicana Supermarket
Amenities
Grocery Anchored Retail | Infill Position | WALT: 4.8 Years | 4+% CAGR
Mark-to-Market Leasing Potential: 43-Percent of the leased square footage has no renewal options
57-Percent of Gross Income from National/Regional Brands: Family Dollar, Aaron's Rents, DaVita Dialysis, CitiTrends, Maxway, US Post Office
Within Two (2) Miles of Downtown Durham with +/- $2.65 Billion in Recent Capital Investments
Four (4) Buildings | Two (2) Parcels Totaling +/- 20 Acres
Strong Grocery Sales + Recent 10-Year Lease Extension with Tropicana Supermarket
Recent Leasing Momentum: New 10-Year Lease with Fishing Point Healthcare
Building Details
Building Size
212,996 SF
Year Built
1959
Buildings
4
Tenancy
Multi
Listing Agency:
Marcus & Millichap | Charleston
(919) 674-1108
Listed By:
Andrew Margulies · License #License(s): NC: 264059, IL: 475.147606
(919) 674-1108
Source:
Marcusmillichap
Added: Aug 3
Changed: Aug 23
Last Checked: Aug 24 at 3:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Charleston
Investment Insights
Based on property information with market context.
The Village Shopping Center is a retail property spanning 212,996 square feet across four buildings and two parcels on nearly 20 acres. Tropicana Supermarket serves as the anchor and has completed a 10-year lease extension. The tenant roster includes Family Dollar, Aaron’s, DaVita Dialysis, Citi Trends, Maxway, and the U.S. Post Office, with national and regional brands accounting for 57% of gross income.
The property is located in Durham, North Carolina, approximately 0.5 miles from the I-885 interchange and two miles from Downtown Durham. Its multi-building configuration and established occupancy support a range of retail and service-oriented tenancy within a larger shopping center setting.
The property is located in Durham, North Carolina, approximately 0.5 miles from the I-885 interchange and two miles from Downtown Durham. Its multi-building configuration and established occupancy support a range of retail and service-oriented tenancy within a larger shopping center setting.
Key Highlights
- 212,996‑square‑foot retail center across four buildings and two parcels
- Nearly 20 acres in Durham, NC
- Tropicana Supermarket anchor with a 10‑year lease extension
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
84k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 43%
Apparel 5%
Electronics 3%
McDonald's
Dining
24,978 visits/mo
0.1 miles
Shell
Shops & Services
9,767 visits/mo
0.1 miles
Little Caesars Pizza
Dining
8,578 visits/mo
0.1 miles
Family Dollar
Shops & Services
7,230 visits/mo
0.3 miles
Maxway
Shops & Services
5,959 visits/mo
0.0 miles
Demographics for 27703, NC
61,539
Population
27,122
Households
2.3
Avg Household Size
36
Median Age
45%
College-Educated
88%
High-School Grad
49.1 sq mi
ZIP Area
1,253
Density / Sq Mi
$86,953
Median Household Income
$51,462
Median Earnings
$1,469
Median Rent
$340,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Four-building retail center with an established supermarket anchor and a broad mix of national and regional tenants.
Where is this shopping center located?
The property is located at 1000 N Miami Blvd Durham, NC.
What are key features of this property?
This property features: 212,996‑square‑foot retail center across four buildings and two parcels; Nearly 20 acres in Durham, NC; Tropicana Supermarket anchor with a 10‑year lease extension
