Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1000 Miami Blvd Durham, NC 27703

    Sponsored
    For Lease
    Contact for pricing

    Durham Retail Center - High Traffic Location

    Lot size:
    215,453 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    The Village, a thriving 215,453 square foot community center in Durham, NC, presents a compelling investment opportunity. Built in 1959 and renovated in 1988, this multi-tenant property boasts a prime location at the intersection of N. Miami Blvd and Holloway Street (Business Hwy 70 and NC 98), ensuring high visibility and accessibility. Ample parking is available with 963 spaces to accommodate shoppers and employees. The center is anchored by strong national and local tenants, including Aarons, the US Post Office, Maxway, Family Dollar, Sunny Beauty Supply, Citi Trends, Boost Mobile, H&R Block, and Subway, creating a diverse and well-established tenant mix. Located in Durham County, this property benefits from a robust local economy and significant foot traffic. The center's established presence and strong tenant occupancy make it an attractive investment for those seeking a stable and high-performing retail asset. This property offers a unique opportunity to acquire a well-positioned, established retail center in a growing market. The property is situated at 1000 N Miami Blvd, Durham, NC 27703.

    Property Features for 1000 Miami Blvd

    General Information

    Property type
    Community centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    215,453 SF

    Building Details

    Year Built/Renovated
    1959/1988

    Unit(s) available at that property

    Space
    Suite 111
    Size
    4,066 SF
    Space
    Suite 235
    Size
    8,488 SF
    Space
    Suite 613
    Size
    11,488 SF

    HighLights

    • Strong anchor tenants include Maxway and Tropicana Supermarket.
    • Tenants include Family Dollar, H&R Block, Citi Trends, and Sunny Beauty Supply.
    • The property features 215,453 square feet of gross leasable area (GLA), built in 1959 and renovated in 1988.
    • Ample parking is available with a 4.47 spaces per 1,000 square feet ratio.
    • High traffic counts are present, with 11,500 vehicles per day (VPD) on Holloway Street and 7,200 VPD on Miami Boulevard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. William Plonk, ... Geriatrician Premier Chiropractic Chiropractor Family Dollar Dollar Store Armstrong Dadson, NP Nurse Practitioner NC Phone Fixer Phone Repair Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.871529540053
    Latitude
    35.995115972138

    Nearby Similar for Lease

    • $29,460
      22,649 SF

      Prime Durham Office Space Available

      12,000 SF office space for lease in Durham, NC.
      5310 S Alston Ave, Durham, NC 27713
      View Details
    • $45,045
      2,145 SF

      Durham Office Space For Lease

      Flexible office unit with ample parking and recent upgrades.
      1906 A, Durham, NC 27713
      View Details
    • $36,000
      1,760 SF

      Office Suite with Private Offices

      Office suite featuring multiple private office spaces for rent.
      5315 Highgate Dr, Durham, NC 27713
      View Details
    • $18 SF/Yr
      Pending

      Prime Medical Office Space Available

      Versatile medical/office space in Durham's thriving North Duke corridor.
      2609 N Duke St Unit Bldg 300, Durham, NC 27704
      View Details
    • $3,500 /Mo
      2,000 SF

      Office Condo in Durham's Office Park

      Office condominium with private entrance in a convenient location.
      6 Consultant Pl, Durham, NC 27707
      View Details
    • $1,995 /Mo
      1,000 SF

      Office Space Near Universities

      Office space in Durham, close to amenities and universities.
      1804 Martin Luther King Junior Pkwy, Durham, NC 27707
      View Details
    • $3,232 /Mo
      1,168 SF

      Retail Space Near RTP

      Retail space in a vibrant neighborhood center near RTP.
      5125 Nc-55, Durham, NC 27713
      View Details
    • $2,250 /Mo
      1,890 SF

      Sprawling Townhome in Stellar Durham

      Light-filled townhome with high-end finishes, chef's kitchen, and private backyard.
      118 Brookview St, Durham, NC 27713
      View Details
    • $2,250 /Mo
      1,890 SF

      Sprawling Townhome in Stellar Durham

      Light-filled townhome with high-end finishes, chef's kitchen, and private backyard.
      118 Brookview St, Durham, NC 27713
      View Details
    • $1,950 /Mo

      Charming Townhome in Woodcroft

      3BR/2.5BA end-unit townhome in Durham's desirable Woodcroft neighborhood.
      7 Preakness Dr, Durham, NC 27713
      View Details
    • $23 SF/Yr
      4,769 SF

      Durham Medical/Office Building for Lease

      Freestanding 4,769 SF building suitable for medical or office use.
      110 E Carver St, Durham, NC 27704
      View Details
    • $26 SF/Yr
      35,378 SF

      Downtown Durham Historic Buildings

      Historic buildings in downtown Durham with retail and office spaces.
      102 City Hall Plz, Durham, NC 27701
      View Details

    FAQs

    What type of property is this?
    Community center - Durham Retail Center - High Traffic Location
    Where is this community center located?
    The property is located at 1000 Miami Blvd Durham, NC.
    What are key features of this property?
    This property features: Strong anchor tenants include Maxway and Tropicana Supermarket.; Tenants include Family Dollar, H&R Block, Citi Trends, and Sunny Beauty Supply.; The property features 215,453 square feet of gross leasable area (GLA), built in 1959 and renovated in 1988.
    Request Owner's contact information
    1000 Miami Blvd Durham, NC 27703
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1000 Miami Blvd
    Durham, NC 27703
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1000 Miami Blvd Durham, NC 27703
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.