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    OFF-MARKET
    Retail properties & Spaces

    54 Hwy 751 & Hwy, Durham, NC 27707

    81,327 SF
    Property ID
    Property summary
    AI-generated overview

    Hope Valley Commons offers a prime retail or restaurant space in the thriving Durham, NC market. This upscale shopping center boasts 81,327 square feet of total building space, currently featuring 1,400 square feet of immediately available space. Located at the intersection of Hwy 751 and Hwy 54, this property benefits from exceptional visibility and convenient access for customers. The center is anchored by a Harris Teeter grocery store, ensuring consistent foot traffic and a strong customer base. Its strategic location provides easy access to Interstate 40 and The Streets at Southpoint, further enhancing its appeal. The property serves a densely populated trade area characterized by a high concentration of highly educated households, presenting a significant opportunity for businesses seeking a strong customer demographic. Ample parking is available with 283 spaces to accommodate shoppers and employees. This Durham County property, situated at zip code 27707, presents a rare chance to establish a presence in a successful and well-established shopping center. The available space is ideal for a variety of retail or restaurant concepts seeking a vibrant and accessible location. This is a multi-tenant property offering a strong investment opportunity in a high-growth area.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 81,327 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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