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

    3214 Hillsborough Rd Durham, NC 27705

    Sponsored
    For Lease
    Contact for pricing

    Durham retail center: high-traffic, flexible space.

    Lot size:
    71,652 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12-acre Durham County retail opportunity presents 71,652 square feet of space, currently vacant at 65,956 square feet. The property, formerly a Coca-Cola bottling warehouse, is slated for transformation into a Class-A mixed-use development, offering a unique chance to be part of a vibrant, upscale project. Spaces are divisible down to 4,760 square feet, with a maximum contiguous space of 23,296 square feet, providing flexibility for various retail concepts. The location boasts unparalleled accessibility, situated just one mile from Duke University's main campus and hospital, ensuring high visibility and foot traffic. Hillsborough Road's impressive traffic counts of 23,000 and 15,000 vehicles per day (VPD) further enhance the property's appeal. The surrounding area demonstrates strong demographics, with a daytime population of 351,377 within a 15-minute drive and an average household income of $99,150. This prime location offers an exceptional opportunity for businesses seeking high visibility and a strong customer base in a rapidly growing area. The property's size and flexible layout cater to a wide range of retail uses, making it an ideal investment for discerning businesses.

    Property Features for 3214 Hillsborough Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    71,652 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    9,800 SF

    HighLights

    • 12‑acre site.
    • 71,652 square feet of retail space.
    • One mile from Duke University main campus and hospital.
    • Hillsborough Road traffic counts: 23,000 and 15,000 vehicles per day (VPD).
    • 351,377 daytime population within a 15‑minute drive.
    • Average household income within a 15‑minute drive: $99,150.
    Property Profile Location Intelligence

    Current Use by Public Records

    Durham Coca-Cola Bottling ... Beverage Distributor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -78.9434819
    Latitude
    36.0192156

    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?
    Retail property - Durham retail center: high-traffic, flexible space.
    Where is this retail property located?
    The property is located at 3214 Hillsborough Rd Durham, NC.
    What are key features of this property?
    This property features: 12-acre site.; 71,652 square feet of retail space.; One mile from Duke University main campus and hospital.
    Request Owner's contact information
    3214 Hillsborough Rd Durham, NC 27705
    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.
    3214 Hillsborough Rd
    Durham, NC 27705
    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
    3214 Hillsborough Rd Durham, NC 27705
    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.