Durham Warehouse with Income
1111 Neville Street, Durham, NC 27701
New
Call to check price and availability
Urban industrial warehouse in Durham's evolving corridor with income.
Type:Industrial
Property size:
46,094 SFPrice / SF:
$134/SF- Added:
- May 26, 2026
- Days on Market:
- 4
- Last Refresh:
- May 27 at 8:22 am
Property Features for 1111 Neville Street
General Information
- Standard status
- Active
- Size
- 46,094 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1960
Listing agent Carey Greene License #NC 266741
Listing office SVN | Real Estate Associates (919) 287-2135
Listing date May 26, 2026
Source Crexi
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 SVN | Real Estate Associates
HighLights
- ±46,094 SF urban infill industrial warehouse in a rapidly developing Durham corridor.
- Approximately 23,000 SF leased long‑term to Counter Culture Coffee on a NNN lease with tiered rent and accelerated annual escalations, providing a strong income base.
- Opportunity for owner‑user occupancy or repositioning of remaining space due to short‑term leases.
- Adjacent to the City of Durham’s planned $42M redevelopment of East End and Long Meadow Parks.
- Located minutes from downtown Durham (±1.5 miles) and Duke University (±3.5 miles).
- Strong neighborhood home sales, often exceeding prices of $900,000.
Overview
The property at 1111 Neville Street is a ±46,094 SF urban infill industrial warehouse located in a rapidly evolving corridor of Durham. Approximately 23,000 SF is leased long-term to Counter Culture Coffee, as an anchor tenant, on a NNN lease featuring tiered rent and accelerated annual escalations, which provides a strong income base. The remaining space is occupied by multiple tenants with short-term leases, allowing for either owner-user occupancy or repositioning in the near term. The property is adjacent to the City of Durham’s planned $42M redevelopment of East End and Long Meadow Parks, which is expected to further enhance the area’s long-term growth trajectory. The surrounding neighborhood has seen home sale numbers often exceeding prices of $900,000. Located approximately 1.5 miles from downtown Durham and approximately 3.5 miles from Duke University, 1111 Neville is positioned for a buyer seeking an asset in the direct path of growth. The property is intended for use as a warehouse or industrial space.
Location Intelligence
Current Use by Public Records
Bookkeep Self Storage ...
Storage Facility
Triangle Converting Corporation
Warehouse & Storage
Bull City Designs
Production Facility
Carter Roofing Inc
Roofing Company
Similar Places Nearby
- Self Storage — 310 s dillard st, durham, nc 27701
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- Triangle Central Warehouse — 806 Ramseur St, Durham, NC 27701
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.8878039
- Latitude
- 35.996732
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Urban industrial warehouse in Durham's evolving corridor with income.
Where is this warehouse located?
The property is located at 1111 Neville Street Durham, NC.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: ±46,094 SF urban infill industrial warehouse in a rapidly developing Durham corridor.; Approximately 23,000 SF leased long‑term to Counter Culture Coffee on a NNN lease with tiered rent and accelerated annual escalations, providing a strong income base.; Opportunity for owner‑user occupancy or repositioning of remaining space due to short‑term leases.
