Property summary
New Hope Commons presents a unique opportunity within a thriving Durham County power center. This established retail property boasts a total of 408,065 square feet and offers a single, immediately available suite measuring 900 square feet. Ideal for a variety of commercial uses, the space is particularly well-suited for businesses catering to the affluent and highly educated demographics of Durham and Chapel Hill. The property's strategic location within New Hope Commons ensures high visibility and accessibility, benefiting from ample parking with 2,126 spaces available for customers and employees. The existing tenant mix within the larger center creates a synergistic environment, fostering a strong customer base. This 900 square foot space represents a chance to establish or expand a business in a prime location within a well-established and successful retail center. The property is categorized as a commercial space, previously used as a hair salon, offering flexibility for various commercial ventures. The substantial size of the overall center, coupled with the available parking, ensures a comfortable and convenient shopping experience for patrons. This is an exceptional opportunity to secure a retail space in a high-demand area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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