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    OFF-MARKET
    Retail properties & Spaces

    5324 New Hope Commons Dr, Durham, NC 27707

    11,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2,350 square foot retail space is located at 5324 New Hope Commons Drive in Durham, North Carolina, within the bustling Durham/Chapel Hill market. Situated in Durham County, zip code 27707, this property offers a prime opportunity for businesses seeking high visibility and convenient access. The entire building encompasses 11,000 square feet, with the available space previously used as a karate studio. This adaptable space is perfect for a variety of retail uses and is immediately available. The minimum divisible space is 2,350 square feet, matching the currently vacant area. The property is classified as retail, with a subtype of retail or assembly, and is suitable for multiple tenants. Its location in a high-traffic area ensures significant foot traffic and exposure, making it an ideal location for businesses looking to establish a strong presence in the vibrant Durham market. The property's address is easily accessible and offers ample parking for customers and employees. This is a rare opportunity to secure a well-located retail space in a thriving commercial area. Contact us today to schedule a viewing and explore the possibilities.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 11,000 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
    Current use
    Occupant on record · Public records
    • Carolina Karate Academy, LLC Sports School
    • CoinFlip Bitcoin ATM Financial Advisor
    • Paris Nail Bar Nail Salon
    • Mattress Firm Indigo Corners Furniture & Home Goods
    • Frenchies Modern Nail Care Durham Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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