Prime Retail Center in
For Lease
Contact for pricing
4215 University Drive, Durham, NC 27707
Retail center in a dominant area with strong demographics.
Space Size3,173 SF
Property Size161,186 SF
Days on Market1961
Property Features for 4215 University Drive
General Information
Standard status
Active
Size
3,173 SF
Total Parking Spaces
770
Property subtype
Retail
Building Details
Building Size
161,186 SF
Year Built
1983
Tenancy
Multiple
Spaces For Lease
at 4215 University Drive Contact us- Size
- 3,173 SF
- Type
- Retail
- Availability
- Active
Suite 6
Listing Agency:
Rivercrest Realty Associates LLC
Listed By:
Jimmy Conder · License #NC
Source:
Crexi
Added: Apr 9, 2021
Changed: Aug 14
Last Checked: Aug 21 at 3:55AM
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 Rivercrest Realty Associates LLC
Investment Insights
Based on property information with market context.
Parkway Plaza is a retail center situated on University Drive at Martin Luther King (MLK) Parkway in Durham, NC. The location is in a retail area with strong demographics. The market includes retailers such as Super Target, Petco, Ross Dress for Less and Sam's Club. The center has a mix of tenants, including At Home, The Fresh Market, Dollar Tree, AutoZone, Sally Beauty, Uptown Cheapskate and Unleashed. Multiple points of ingress and egress provide access to the center, which features a signalized entrance across from Westgate Drive. The property is located near the intersection of University Drive and Martin Luther King, Jr. Parkway, in proximity to Hwy 15-501 (Durham-Chapel Hill Blvd) & I-40. Traffic counts on University Drive average 12,500 vehicles per day and 15,300 vehicles per day on MLK Jr. Parkway. No internet cafes.
Key Highlights
- Prime retail center location on University Drive at Martin Luther King (MLK) Parkway in Durham, NC.
- Located in a dominant retail area with strong demographics.
- Multiple points of ingress and egress provide easy access.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,311
Businesses Nearby
467k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Superstores 26%
Shops & Services 22%
Groceries 11%
Sam's Club
Superstores
119,599 visits/mo
0.3 miles
Chick-fil-A
Dining
53,674 visits/mo
0.4 miles
Harris Teeter
Groceries
38,583 visits/mo
0.2 miles
Sam's Club Gas Station
Shops & Services
28,615 visits/mo
0.4 miles
Cook Out
Dining
26,938 visits/mo
0.4 miles
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
Questions? Ask Rey
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Similar Off Market Nearby
- Hope Valley Square — 3710 Shannon Rd, Durham, NC 27707
- Commons at University Place — 1823 Martin Luther King Jr Pkwy, Durham, NC 27707
- Coinstar Kiosk | Bitcoin ATM — Harris Teeter, 1817 ML King Jr. Pkwy, 1817 Martin Luther King Jr Pkwy Ste A, Durham, NC 27707
- Westgate Shopping Center — 3400 Westgate Dr, Durham, NC 27707
- Parkway Plaza II — 4201 University Dr, Durham, NC 27707
Frequently Asked Questions
What type of property is this?
Shopping center - Retail center in a dominant area with strong demographics.
Where is this shopping center located?
The property is located at 4215 University Drive Durham, NC.
What are key features of this property?
This property features: Prime retail center location on University Drive at Martin Luther King (MLK) Parkway in Durham, NC.; Located in a dominant retail area with strong demographics.; Multiple points of ingress and egress provide easy access.
