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    5125 Nc-55 Durham, NC 27713

    Sponsored
    For Lease
    $28 SF/Yr

    Last Available Retail Suite in Durham

    Lot size:
    9,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This 1,168 square foot retail space, located in Suite 103 of a 9,600 square foot strip center at 5125 NC-55 in Durham, NC 27713, presents a prime opportunity for businesses seeking high visibility and convenient access. Built in 2022, this property boasts a desirable location near the Research Triangle Park (RTP), ensuring high traffic and customer exposure. The space is ideal for a variety of uses, including boutiques, wellness studios, restaurants, or specialized dance studios. The zoning is CCD. The property sits on a 6.53-acre lot and offers ample parking with a ratio of 5.2 spaces per 1,000 square feet. The rental rate is $28.00 per square foot, plus $5.20 per square foot for taxes, insurance, and common area maintenance (TICAM). Easy access to I-40 provides unparalleled visibility and accessibility. Please note that tobacco, vape, and CBD products are not permitted. The APN is 231543.

    Property Features for 5125 Nc-55

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,600 SF
    Total Rate
    22400

    Building Details

    Year Built
    2022

    Unit(s) available at that property

    Space
    FLEX RETAIL SPACE - SUITE 103
    Size
    1,168 SF
    Rate per SF
    $28

    HighLights

    • 1,168 square feet of flexible retail space available for lease.
    • 9,612‑square‑foot neighborhood shopping center.
    • Prime location in the Research Triangle Park (RTP).
    • Abundant parking with a 5.2 spaces per 1,000 square feet ratio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.895495649471
    Latitude
    35.893977790576

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    FAQs

    What type of property is this?
    Neighborhood center - Last Available Retail Suite in Durham
    Where is this neighborhood center located?
    The property is located at 5125 Nc-55 Durham, NC.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: 1,168 square feet of flexible retail space available for lease.; 9,612-square-foot neighborhood shopping center.; Prime location in the Research Triangle Park (RTP).
    Request Owner's contact information
    5125 Nc-55 Durham, NC 27713
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    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
    5125 Nc-55 Durham, NC 27713
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