Automotive Retail
5412 S Miami Blvd Durham, NC 27703
5412 S Miami Blvd, Durham, NC, 27703
$2,650,745
For Sale
$2,650,745
Leased 6,534 SF automotive-oriented facility on 1.75 acres with corridor visibility along S Miami Boulevard.
Property Size6,534 SF
Lot Size1.75 Acres
Price / SF$405.68
Days on Market32
Property Features for 5412 S Miami Blvd
General Information
- Standard status
- Active
- Size
- 6,534 SF
- Lot size
- 1.75 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2004
Listing Agency
(919) 576-2501
Listed by
Moss Withers · License #262680
(919) 576-2501
Source
Lee-associates
Added: Jun 17 Checked: Jul 17 at 3:37 am
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 Moss Withers
Investment Insights
Based on property information with market context.
This 6,534 SF automotive-oriented facility sits on a 1.75-acre parcel. The property is currently leased, with base rent effective July 17, 2026 at $164,346 ($25.15/SF). The lease is in place through July 31, 2033, and includes 3% annual rent escalations, along with three additional five-year renewal options.
Located in Durham, NC, the site benefits from corridor visibility on S Miami Boulevard, with reported traffic of approximately 18,500 VPD. Zoning is listed as CC (Commercial Center) in the City of Durham / Durham County. The package also includes PIN 0747451208.
For buyers seeking an income-producing commercial asset, the property is positioned as a long-term leased offering with defined rent growth through the existing escalations and multiple renewal opportunities. With substantial land area and visibility along S Miami Boulevard, the site may also support flexible operational planning under the CC zoning designation, subject to applicable approvals.
Located in Durham, NC, the site benefits from corridor visibility on S Miami Boulevard, with reported traffic of approximately 18,500 VPD. Zoning is listed as CC (Commercial Center) in the City of Durham / Durham County. The package also includes PIN 0747451208.
For buyers seeking an income-producing commercial asset, the property is positioned as a long-term leased offering with defined rent growth through the existing escalations and multiple renewal opportunities. With substantial land area and visibility along S Miami Boulevard, the site may also support flexible operational planning under the CC zoning designation, subject to applicable approvals.
Key Highlights
- 6,534 SF commercial facility built in 2004 on a 1.75‑acre parcel in Durham, NC
- $164,346 in base rent effective July 17, 2026 ($25.15/SF) with a stated 6.20% CAP rate
- Lease in place through July 31, 2033 with three additional five‑year renewal options and ~7 years remaining term
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.9k | $20.04 |
| − Vacancy | −$7.6k | −$1.16 |
| EGI | $123.3k | $18.88 |
| − OpEx | −$37.0k | −$5.66 |
| NOI | $86.3k | $13.21 |
6,534 SF · lease $20.04/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.23M
$1.08M – $1.44M
NOI $86,343 @ 7.0% cap · market cap 3.26%
Second Best
Retail
$1.08M
$941.6K – $1.26M
NOI $75,330 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,693 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Atlantic Tire & Service
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Fuch's Lubricants — 430 Davis Dr, Morrisville, NC 27560, United States
- Atlantic Tire & Service — 5412 S Miami Blvd, Durham, NC 27703
FAQs
What type of property is this?
Auto shop - Leased 6,534 SF automotive-oriented facility on 1.75 acres with corridor visibility along S Miami Boulevard.
Where is this auto shop located?
The property is located at 5412 S Miami Blvd Durham, NC.
What is the asking price?
The asking price for this property is $2,650,745.
What are key features of this property?
This property features: 6,534 SF commercial facility built in 2004 on a 1.75‑acre parcel in Durham, NC; $164,346 in base rent effective July 17, 2026 ($25.15/SF) with a stated 6.20% CAP rate; Lease in place through July 31, 2033 with three additional five‑year renewal options and ~7 years remaining term
