Property profile

5318 New Hope Cmns Dr Durham, NC 27707

OFF-MARKET
Retail properties & Spaces
3,600 SF
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Property summary

AI-generated overview

This exceptional retail property, known as Indigo Corners, presents a unique opportunity for businesses seeking a prominent location in Durham, North Carolina. Situated at 5318 New Hope Commons Drive, zip code 27707, this multi-tenant retail space offers a total of 3,600 square feet, currently entirely vacant and ready for immediate occupancy. The property is classified as a shop within the retail sector and is located in Durham County. The entire 3,600 square feet is available for lease, providing ample space for a variety of retail concepts. This presents a blank canvas for a business to create a customized retail environment. The property's address offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. The precise latitude and longitude coordinates are 35.9555506, -78.9934835. This is an ideal opportunity for a business looking to establish or expand its presence in a thriving Durham market. The property's size and location make it suitable for a wide range of retail uses. Interested parties are encouraged to inquire further to explore the possibilities this exceptional space offers. The property is ready for immediate occupancy.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,600 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5318 New Hope Cmns Dr Durham, NC 27707
Durham metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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