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GeerHouse Ground-Floor Retail
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620 Foster Street, Durham, NC 27701

Ground-floor retail space with an outdoor dining terrace, structured parking, and signage opportunities.

Space SizeContact for details
Property Size13,320 SF
Days on Market67

Property Features for 620 Foster Street

General Information

Standard status Active
Size 13,320 SF
Property subtype Retail

Space & Availability

Floor Ground
Space Use Retail
Available From 2023-Q4

Amenities

outdoor dining terrace
structured parking
signage and branding opportunities

Building Details

Building Size 13,320 SF
Year Built 2023
Stories 9
Tenancy Multi
Listing Agency: Maverick Partners
Listed By: Bruce Alexander · License #NC #253943
Source: Maverickpartners
Added: Jun 25 Changed: Aug 30 Last Checked: Aug 30 at 1:46AM

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.

GeerHouse offers ground-floor retail space within a nine-story multifamily building containing 220 apartment units. The property was developed by Four Points and delivered in Q4 of 2023. The space includes an outdoor dining terrace with seating, while tenant improvement allowances and branding opportunities support a range of buildout concepts. Food and beverage operators and professional service users are identified as potential fits.

The property is at 620 Foster Street in Durham’s Central Park District, positioned above MotorCo Music Hall. Structured parking serves the building, with additional parking provided for retail customers. The combination of ground-level placement, terrace space, and customer parking supports a visible commercial presence within the multifamily setting.

Key Highlights

  • Ground‑floor retail space within a nine‑story multifamily building
  • 220 apartment units in the surrounding multifamily property
  • Outdoor dining terrace with ample seating

Property Analytics

Current Use

Geerhouse Apartment Complex

Suggested Use

Top Pick Big Box & Wholesale Store Dental Office Auto Parts Store Building Supply Veterinary Clinic Pharmacy

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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,257
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 77% Beauty & Spa 23%
Food Mart Shops & Services
2,869 visits/mo 0.2 miles
Rock Paper Scissors Beauty & Spa
1,491 visits/mo 0.4 miles
Mr. Tire Shops & Services
1,263 visits/mo 0.3 miles
US Storage Centers Shops & Services
939 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 - Ground-floor retail space with an outdoor dining terrace, structured parking, and signage opportunities.
Where is this retail space located?
The property is located at 620 Foster Street Durham, NC.
What are key features of this property?
This property features: Ground‑floor retail space within a nine‑story multifamily building; 220 apartment units in the surrounding multifamily property; Outdoor dining terrace with ample seating
More about this property
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