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Power Center with Office Space
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4120 University Dr, Durham, NC 27707

Office Depot building scheduled for lease availability in April 2027 within an established Durham retail center.

Space Size2,100 SF - 4,651 SF
Property Size109,590 SF
Days on Market92

Property Features for 4120 University Dr

General Information

Standard status Active
Size 2,100 SF - 4,651 SF
Net Rentable 30,600 SF
Property subtype Retail

Space & Availability

Available Space 30,600 SF
Contiguous Space 30,600 SF
Space Use Retail
Available From 2027-04

Site & Location

Anchor Co-Tenants Super Target, Sam's Club, Petco, Ross Dress for Less, Firestone, European Wax Center, Great Clips, GameStop, Modern Nails, Mattress Firm
Highway Access Yes

Building Details

Building Size 109,590 SF
Tenancy Multi

Spaces For Lease

at 4120 University Dr Contact us

2nd Gen Restaurant

Size
4,651 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

GameStop

Size
2,100 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Divaris Real Estate
Listed By: Charles S. Neil, CCIM · License #190580
Source: Divaris
Added: Jun 1 Changed: Aug 30 Last Checked: Aug 30 at 3:28PM

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 Divaris Real Estate

Investment Insights

Based on property information with market context.

South Square is a power center anchored by Super Target and Sam's Club, with additional national and service-oriented retailers including Petco, Ross Dress for Less, Firestone, European Wax Center, Great Clips, GameStop, Modern Nails, and Mattress Firm. The center includes a 30,600-square-foot Office Depot building scheduled to become available for lease in April 2027.

The property is located just off Martin Luther King Pkwy and US-501 in Durham. Retailer tenure provides an established operating history, with 70% of the retailers having operated at the property for 10 years or longer. The tenant mix combines large-format retail, specialty retail, automotive service, personal care, gaming, and home furnishings within the center.

Key Highlights

  • 30,600‑square‑foot Office Depot building available for lease in April 2027
  • Power center anchored by Super Target and Sam's Club
  • Additional co‑tenants include Petco, Ross Dress for Less, Firestone, and Mattress Firm

Property Analytics

Current Use

Bull City Solera ... Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Electrical Service Parking Lot & Garage Grocery & Convenience 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
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,394
Businesses Nearby
544k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 36% Superstores 22% Shops & Services 20% Groceries 10%
Sam's Club Superstores
119,599 visits/mo 0.2 miles
Chick-fil-A Dining
53,674 visits/mo 0.3 miles
Harris Teeter Groceries
38,583 visits/mo 0.3 miles
McDonald's Dining
31,142 visits/mo 0.4 miles
Sam's Club Gas Station Shops & Services
28,615 visits/mo 0.3 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

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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Similar Off Market Nearby

  • Hope Valley Square 3710 Shannon Rd, Durham, NC 27707
  • Commons at University Place 1823 Martin Luther King Jr Pkwy, Durham, NC 27707
  • Coinstar Kiosk | Bitcoin ATM Harris Teeter, 1817 ML King Jr. Pkwy, 1817 Martin Luther King Jr Pkwy Ste A, Durham, NC 27707
  • Parkway Plaza II 4201 University Dr, Durham, NC 27707
  • Westgate Shopping Center 3400 Westgate Dr, Durham, NC 27707

Frequently Asked Questions

What type of property is this?
Shopping center - Office Depot building scheduled for lease availability in April 2027 within an established Durham retail center.
Where is this shopping center located?
The property is located at 4120 University Dr Durham, NC.
What are key features of this property?
This property features: 30,600‑square‑foot Office Depot building available for lease in April 2027; Power center anchored by Super Target and Sam's Club; Additional co‑tenants include Petco, Ross Dress for Less, Firestone, and Mattress Firm
More about this property
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