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Retail Salon-Style Suite
For Lease
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413 East Chapel Hill st, Durham, NC 27701

Retail bay with salon build-out, high ceilings, and exposed brick walls on a modified gross lease structure.

Space SizeContact for details
Property Size18,270 SF
Days on Market50

Property Features for 413 East Chapel Hill st

General Information

Standard status Active
Size 18,270 SF
Property subtype Retail

Building Details

Building Size 18,270 SF
Year Built 1950
Listing Agency:
Listed By: Ian Niedel
Source: Maverickpartners
Added: Jun 25 Changed: Aug 10 Last Checked: Aug 13 at 5:20AM

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 Ian Niedel

Investment Insights

Based on property information with market context.

A 1,474 sf retail bay is available for rent and is currently built out as a successful salon. The space features high ceilings and a bright, loft-style feel, with hardwood floors and exposed brick walls.

The suite is offered on a modified gross lease with taxes and insurance listed as $3.50/sf. Utilities are commonly metered and billed by the landlord, while the tenant is responsible for interior janitorial.

Best suited for service-oriented businesses or office users seeking a retail presence, based on the existing salon-oriented improvements and street-level retail configuration.

Key Highlights

  • 1,474 SF retail bay available for rent, currently built out as a salon
  • Modified gross lease structure: Taxes and Insurance are $3.50/SF
  • Utilities are commonly metered and billed by the landlord; tenant responsible for interior janitorial

Property Analytics

Current Use

Lumina Studio Loft (Bike/Boat/Book/etc) Store Redhead Hemp (Bike/Boat/Book/etc) Store Playworld Building Supply

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Veterinary Clinic Home Appliance Store Dental Office Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

3,076
Businesses Nearby
9k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 83% Beauty & Spa 17%
Food Mart Shops & Services
2,869 visits/mo 0.5 miles
Truist Shops & Services
2,310 visits/mo 0.5 miles
Rock Paper Scissors Beauty & Spa
1,491 visits/mo 0.1 miles
Mr. Tire Shops & Services
1,263 visits/mo 0.0 miles
US Storage Centers Shops & Services
939 visits/mo 0.1 miles

Demographics for 27701, NC

25,208
Population
13,409
Households
1.9
Avg Household Size
34
Median Age
50%
College-Educated
85%
High-School Grad
5.2 sq mi
ZIP Area
4,848
Density / Sq Mi
$66,852
Median Household Income
$47,681
Median Earnings
$1,279
Median Rent
$457,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Retail bay with salon build-out, high ceilings, and exposed brick walls on a modified gross lease structure.
Where is this storefront property located?
The property is located at 413 East Chapel Hill st Durham, NC.
What are key features of this property?
This property features: 1,474 SF retail bay available for rent, currently built out as a salon; Modified gross lease structure: Taxes and Insurance are $3.50/SF; Utilities are commonly metered and billed by the landlord; tenant responsible for interior janitorial
More about this property
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