2105 Hwy 54 Durham, NC 27713
Triangle Village is a single-story, 36,216 square foot retail center situated in Durham County's Research Triangle submarket. Built in 1990, this property boasts 220 parking spaces and is conveniently located at the intersection of NC-54 Hwy and NC-55 Hwy, experiencing high daily traffic volume of nearly 60,000 vehicles. Currently, 3,720 square feet of retail space is available for lease. The center enjoys a prime location next to I-40 and adjacent to the Research Triangle Park, benefiting from a strong daytime population; over 12,600 people reside within a 1-mile radius, and 72,500 within 3 miles. Established tenants include CarMedix, Precision Tune, and Colonial Tire, providing a stable and attractive environment for new businesses. The property sits on 4.42 acres of land and is zoned SC. The building features no elevators. This presents a unique opportunity for businesses seeking high visibility and access to a substantial customer base in a thriving commercial area. The property's strategic location and existing tenant mix offer significant potential for growth and return on investment. The available space provides flexibility for a variety of retail uses.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.