54 Hwy 751 & Hwy, Durham, NC 27707
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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