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    OFF-MARKET
    Neighborhood centers

    4311 Miami Blvd, Durham, NC 27703

    3,952 SF
    Property ID
    Property summary
    AI-generated overview

    This 5,404 square foot retail strip center, located at the intersection of Highway 54 and Miami Boulevard, presents a unique opportunity. The property, currently fully vacant at 3,952 square feet, boasts exceptional road visibility and is situated at the gateway to the Research Triangle Park, a major employment hub. Benefit from strong demographics, with an estimated 141,213 residents and an average household income of $140,560 within a 5-mile radius (2023 estimates). The center's strategic location ensures high traffic volume and exposure, enhanced by its proximity to popular restaurants. This prime retail space offers significant potential for businesses seeking a high-traffic location within a thriving community. The property is classified as a multi-tenant retail strip center in Durham County, North Carolina. The entire 3,952 square feet is available for lease, providing a blank canvas for a variety of retail concepts. This is an exceptional opportunity to establish a presence in a high-growth area with a strong consumer base. The property's visibility and location within the Research Triangle Park make it an ideal choice for businesses seeking maximum exposure and access to a large workforce.

    Property profile
    Verified
    Property type Neighborhood centers
    Total area 3,952 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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