Downtown Retail Space with
For Lease
$26 SF/Yr
500 East Main Street, Durham, NC 27701
Ground-floor retail in a 248-unit luxury apartment building with an outdoor dining terrace and structured customer parking.
Space Size2,527 SF - 4,246 SF
Property Size248,000 SF
Days on Market48
Property Features for 500 East Main Street
General Information
Standard status
Active
Size
2,527 SF - 4,246 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
248,000 SF
Spaces For Lease
at 500 East Main Street Contact us- Size
- 2,527 SF
- Type
- Street Retail
- Term
- Negotiable
500 East Main Street, Suite-A $26/SF/Yr
- Size
- 4,246 SF
- Type
- Street Retail
- Term
- Negotiable
500 East Main Street, Suite-B $26/SF/Yr
Listing Agency:
Maverick Partners
(919) 475-9907
Listed By:
Bruce Alexander · License #NC #253943
(919) 475-9907
Source:
Maverickpartners
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 11 at 6:49AM
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 ground-floor retail offering is located within a six-story luxury apartment building containing 248 units. The building is developed by Zom Living and is scheduled for delivery in Q3 of 2024. The retail space is positioned to support a range of uses, with the property being described as well-suited for food and beverage, health and beauty, fitness services, and soft retail goods. An outdoor dining terrace with ample seating is included, and the building offers a structured parking deck for customer access.
The site is centrally located in downtown Durham and sits prominently along East Main Street. The property is also described as being in close proximity to the Duke University campus.
For tenants seeking a high-footfall downtown setting within a new mixed-use development, this space offers a practical platform for consumer-facing concepts. The combination of ground-floor placement, outdoor seating, and structured customer parking is intended to support services and retail formats that benefit from visibility and street-level customer access. Tenant improvement allowances are also noted as part of the offering.
The site is centrally located in downtown Durham and sits prominently along East Main Street. The property is also described as being in close proximity to the Duke University campus.
For tenants seeking a high-footfall downtown setting within a new mixed-use development, this space offers a practical platform for consumer-facing concepts. The combination of ground-floor placement, outdoor seating, and structured customer parking is intended to support services and retail formats that benefit from visibility and street-level customer access. Tenant improvement allowances are also noted as part of the offering.
Key Highlights
- Ground‑floor retail in a six‑story luxury apartment building with 248 units
- Building delivery scheduled for Q3 2024 (retail on the ground floor)
- Outdoor dining terrace with ample seating
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,638
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Shops & Services 29%
Hotels & Casinos 17%
Beauty & Spa 10%
KFC
Dining
6,505 visits/mo
0.4 miles
SpringHill Suites by Marriott Durham City View
Hotels & Casinos
2,483 visits/mo
0.4 miles
Citgo
Shops & Services
2,373 visits/mo
0.5 miles
Rock Paper Scissors
Beauty & Spa
1,491 visits/mo
0.5 miles
Extra Space Storage
Shops & Services
996 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
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Frequently Asked Questions
What type of property is this?
Retail space - Ground-floor retail in a 248-unit luxury apartment building with an outdoor dining terrace and structured customer parking.
Where is this retail space located?
The property is located at 500 East Main Street Durham, NC.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Ground‑floor retail in a six‑story luxury apartment building with 248 units; Building delivery scheduled for Q3 2024 (retail on the ground floor); Outdoor dining terrace with ample seating
