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Mixed-Use Redevelopment Opportunity
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University Dr & Shannon Rd Durham NC 27707 USA, Durham, NC 27707

Mixed-use redevelopment with main street setting.

Space Size1,332 SF - 1,700 SF
Days on Market296

Property Features for University Dr & Shannon Rd Durham NC 27707 USA

General Information

Standard status Active
Size 1,332 SF - 1,700 SF
Property subtype Retail

Spaces For Lease

at University Dr & Shannon Rd Durham NC 27707 USA Contact us

3-101

Size
1,700 SF
Type
Retail
Availability
Available
Contact us

3-103

Size
1,332 SF
Availability
Available
Contact us
Listing Agency: CBRE | Raleigh
Listed By: Matt Larson
Source: Cbre
Added: Nov 22, 2025 Changed: Sep 13 Last Checked: Sep 13 at 5:04AM

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 CBRE | Raleigh

Investment Insights

Based on property information with market context.

This property features a mixed-use redevelopment opportunity with over 300,000 square feet of space. It is situated in a vertically integrated, main street setting.

Key Highlights

  • 300,000+ sf mixed‑use redevelopment
  • Vertically integrated setting
  • Main street setting

Property Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

77
Businesses Nearby
Under-served
Demand for This Use

Demographics for 27707, NC

49,787
Population
23,528
Households
2.1
Avg Household Size
34
Median Age
57%
College-Educated
92%
High-School Grad
20.7 sq mi
ZIP Area
2,405
Density / Sq Mi
$72,432
Median Household Income
$45,803
Median Earnings
$1,364
Median Rent
$371,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Hope Valley Square 3710 Shannon Rd, Durham, NC 27707

Frequently Asked Questions

What type of property is this?
Shopping center - Mixed-use redevelopment with main street setting.
Where is this shopping center located?
The property is located at University Dr & Shannon Rd Durham NC 27707 USA Durham, NC.
What are key features of this property?
This property features: 300,000+ sf mixed‑use redevelopment; Vertically integrated setting; Main street setting
More about this property
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