Property profile

0 Latta Rd And Guess Rd Durham, NC 27712

OFF-MARKET
Retail properties & Spaces
55,000 SF
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Property summary

AI-generated overview

This exceptional retail center in Durham, North Carolina, offers 55,000 square feet of prime retail and restaurant space situated on a 10.57-acre lot. The property is conveniently located at the intersection of Latta Road and Guess Road, in Durham County, zip code 27712. Currently, there are 12,850 square feet of vacant space available, offering multiple tenancy opportunities. Units range from a minimum of 1,700 square feet to a maximum contiguous space of 2,720 square feet, with a total of eight spaces available. This development boasts a strong anchor tenant, Publix Super Market, ensuring high foot traffic and visibility for all tenants. The property's strategic location and established anchor tenant make it an ideal investment opportunity for businesses seeking high-traffic exposure in a thriving Durham community. The property is classified as retail, with multiple tenancy options available. The minimum divisible space is 1,700 square feet. This is a remarkable opportunity to establish or expand your business in a vibrant and growing market. The property's size and location provide significant potential for long-term growth and profitability.

Property profile

Verified
Property type Retail properties & Spaces
Total area 55,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Latta Rd And Guess Rd Durham, NC 27712
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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