The Village Shopping
For Sale
Contact for pricing
1000 North Miami Boulevard, 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 Market13
Property Features for 1000 North Miami Boulevard
General Information
Standard status
Active
Size
212,996 SF
Total Parking Spaces
980
Property subtype
Retail
Occupancy
95%
Additional Details
Anchor Co-Tenants
Tropicana Supermarket
Building Details
Year Built
1959
Year Renovated
1988
Buildings
4
Stories
1
Units
27
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Raleigh
(843) 952-2222
Listed By:
Patrick Barratt · License #351056
Source:
Crexi
Added: Jul 28
Changed: Aug 8
Last Checked: Aug 9 at 12:25PM
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 - Raleigh
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
Current Use
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 North Miami Boulevard 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
