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Ground-Floor Retail Space
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311 Liggett Street, Durham, NC 27701

Street-level commercial space integrated into a 2023 multifamily development with a dining terrace, signage opportunities, and customer parking.

Space SizeContact for details
Property Size5,729 SF
Days on Market68

Property Features for 311 Liggett Street

General Information

Standard status Active
Size 5,729 SF
Property subtype Retail
Lease Type NNN

Lease Terms

Lease Rate $28.75 /USD/SF/YR
Rent per SF/Year $28.75

Additional Details

Space Use Retail

Amenities

outdoor dining terrace
signage opportunities

Building Details

Building Size 5,729 SF
Year Built 2023
Stories 6
Listing Agency: Maverick Partners
Listed By: Bruce Alexander · License #NC #253943
Source: Maverickpartners
Added: Jun 25 Changed: Aug 30 Last Checked: Aug 30 at 10:54PM

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 Maverick Partners

Investment Insights

Based on property information with market context.

This retail component occupies the ground floor of a six-story multifamily building completed in 2023. The development contains 263 apartment units and includes an outdoor dining terrace with seating, customer parking, and opportunities for signage and branding. The retail space is fully leased.

The property is at 311 Liggett Street in Durham’s Innovation District, positioned along the Durham Belt Line Trail. Its setting within a multifamily development and connection to the trail provide a defined physical context for the retail component. The building was developed by Greystar.

Key Highlights

  • Ground‑floor retail within a six‑story multifamily building
  • Multifamily development includes 263 apartment units
  • Outdoor dining terrace with ample seating

Property Analytics

Current Use

Beckon Real Estate Agency CYCLEBAR Gym & Fitness Center

Suggested Use

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

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

NNN (Triple Net)
Lease Type
$4.31 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,594
Businesses Nearby
33k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 76% Hotels & Casinos 12% Dining 8% Beauty & Spa 4%
State Employees Credit Union Shops & Services
9,259 visits/mo 0.5 miles
Shell Shops & Services
8,858 visits/mo 0.4 miles
Residence Inn by Marriott Durham McPherson/Duke University Medical Center Area Hotels & Casinos
3,934 visits/mo 0.5 miles
Food Mart Shops & Services
2,869 visits/mo 0.3 miles
Jeni's Splendid Ice Creams Dining
2,524 visits/mo 0.3 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?
Retail space - Street-level commercial space integrated into a 2023 multifamily development with a dining terrace, signage opportunities, and customer parking.
Where is this retail space located?
The property is located at 311 Liggett Street Durham, NC.
What are key features of this property?
This property features: Ground‑floor retail within a six‑story multifamily building; Multifamily development includes 263 apartment units; Outdoor dining terrace with ample seating
More about this property
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