Property profile

54 Hwy 751 & Hwy Durham, NC 27707

OFF-MARKET
Retail properties & Spaces
81,327 SF
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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

Location

54 Hwy 751 & Hwy Durham, NC 27707
Durham metro
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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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