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Shopping Center with Fitness Anchor
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3103 Shannon Rd, Durham, NC 27707

A 16-tenant retail property pairs three buildings with a 30,000-square-foot O2 Fitness Signature Club.

Property Size66,210 SF
Lot Size8.13 Acres
Days on Market8

Property Features for 3103 Shannon Rd

General Information

Standard status Active
Size 66,210 SF
Lot size 8.13 Acres
Property subtype Retail

Additional Details

Anchor Co-Tenants O2 Fitness Signature Club

Amenities

mural art

Building Details

Year Built 2020
Buildings 3
Tenancy Multi
Listing Agency: Berkeley Capital Advisors Charlotte
Listed By: Devon Dykstra · License #NC 362567
Source: Crexi
Added: Sep 18 Changed: Sep 24 Last Checked: Sep 24 at 2:44PM

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 Berkeley Capital Advisors Charlotte

Investment Insights

Based on property information with market context.

Developed in 2020, this shopping center spans 8.13 acres and comprises three buildings with 66,210 square feet of retail space. The property has 16 tenants, including its 30,000-square-foot anchor, O2 Fitness Signature Club. More than 40,000 square feet of mural art by local, national, and international artists is incorporated across the property.

At 3103 Shannon Road in Durham, the center sits next to more than 1 million square feet of retail, including Super Target, Ross, and Best Buy. Duke University is 2.2 miles away, and Downtown Durham is 3.6 miles away. The property is also within a five-mile area with a population exceeding 193,000.

Key Highlights

  • 66,210 square feet across three buildings on 8.13 acres
  • 16 tenants, anchored by a 30,000‑square‑foot O2 Fitness Signature Club
  • Built in 2020

Property Analytics

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Current Use

Loop Nutrition Medical Clinic Renew Wellness Physician Happy + Hale Restaurant Renew Physiotherapy Durham ... Physician O2 Fitness Durham ... Gym & Fitness Center

Suggested Use

Top Pick HVAC Service Building Supply Parking Lot & Garage Grocery & Convenience Store Plumbing Service Big Box & Wholesale 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,519
Businesses Nearby
476k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 40% Superstores 25% Shops & Services 24% Groceries 3%
Sam's Club Superstores
119,599 visits/mo 0.2 miles
Chick-fil-A Dining
53,674 visits/mo 0.3 miles
McDonald's Dining
31,142 visits/mo 0.2 miles
Sam's Club Gas Station Shops & Services
28,615 visits/mo 0.1 miles
Cook Out Dining
26,938 visits/mo 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Shopping center - A 16-tenant retail property pairs three buildings with a 30,000-square-foot O2 Fitness Signature Club.
Where is this shopping center located?
The property is located at 3103 Shannon Rd Durham, NC.
What are key features of this property?
This property features: 66,210 square feet across three buildings on 8.13 acres; 16 tenants, anchored by a 30,000‑square‑foot O2 Fitness Signature Club; Built in 2020
More about this property
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