1715 Holloway St Durham, NC 27703

Building Details

Year Built

1973

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Listed by Johnny Wehmann · License #243062 Show Phone

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Added: Jun 2 Checked: Jul 19 at 5:38 am

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Investment Insights

Based on property information with market context.

This single-story, multi-tenant retail building is configured as a multi-tenant investment and includes an established 1,500 SF tenant in place through 2028, with a renewal option for continued occupancy and stability. The property is positioned on a high-visibility corner lot and is suited for buyers looking for straightforward, income-oriented retail ownership.

Located on Holloway Street in east Durham, the asset benefits from strong visibility with approximately 18,900 vehicles per day (NCDOT 2025). It also offers convenient access to key regional destinations, with downtown Durham about 2 miles away and Interstate 885 roughly 0.5 miles from the property.

For investors seeking a balance of current income and long-term hold potential, this retail corner building provides a solid starting point with a tenant already in place through 2028. The combination of location visibility and an existing lease structure may support a conservative approach to underwriting while maintaining flexibility through the renewal option.

Key Highlights

• Single‑story retail building built in 1973 on a high‑visibility corner lot
• Includes an in‑place tenant leasing 1,500 SF through 2028 with a renewal option
• Corner location on Holloway Street in east Durham, NC

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FAQs

What type of property is this?

Retail space - Single-story retail corner property with an in-place tenant through 2028, offering stable investment income.

Where is this retail space located?

The property is located at 1715 Holloway St Durham, NC.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: Single‑story retail building built in 1973 on a high‑visibility corner lot; Includes an in‑place tenant leasing 1,500 SF through 2028 with a renewal option; Corner location on Holloway Street in east Durham, NC