5324 New Hope Commons Dr, Durham, NC 27707
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.
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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.