901 E Trinity Ave, Durham, NC 27704
Vacant property in Durham with high visibility and strong potential.
- Added:
- Nov 17, 2025
- Days on Market:
- 231
- Last Refresh:
- May 12 at 9:38 pm
Property Features for 901 E Trinity Ave
General Information
- Standard status
- Active
- Size
- 2,640 SF
- Property subtype
- Retail, Mixed Use
Listing office CENTURY 21 Triangle Group (919) 302-3298
Listing date Nov 17, 2025
Source Crexi
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 CENTURY 21 Triangle Group
HighLights
- Prime location on a high‑traffic corridor ensures excellent visibility and strong demand.
- Tenant ready to sign a Double Net (NN) lease at $5,500/month for immediate cash flow.
- Suitable for both investors and owner‑users, offering maximum flexibility.
- Body‑shop‑ready facility, a scarce and desirable asset in Durham.
- Strong potential cap rate with minimal landlord responsibilities under the NN lease.
- Automotive and light industrial properties are in high demand.
Overview
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.4k | $24.00 |
| − Vacancy | −$6.3k | −$2.40 |
| EGI | $57.0k | $21.60 |
| − OpEx | −$21.4k | −$8.10 |
| NOI | $35.6k | $13.50 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.8831325
- Latitude
- 36.0077931