Property profile

4600 Durham-Chapel Hl Blvd Durham, NC 27707

OFF-MARKET
Retail properties & Spaces
143,000 SF 13.2 ac lot
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Property summary

AI-generated overview

Oak Creek Village offers a prime retail opportunity in Durham County. This 143,000 square foot multi-tenant retail center sits on 13.2 acres of land with prominent US Highway 15-501 frontage, ensuring exceptional visibility and high foot traffic. The property boasts a strong tenant mix, anchored by established retailers TJ Maxx and Jo-Ann Fabrics, creating a significant draw for shoppers. Currently, one 2,400 square foot space is available for lease. The center is strategically located to serve the affluent and educated residents of Southwest Durham and Chapel Hill. Surrounding the property is a diverse mix of national big-box stores, junior box retailers, restaurants, and other retail businesses, creating a vibrant and thriving commercial environment. The property underwent renovations in 2018, ensuring modern and updated facilities. This location provides unparalleled access to a substantial consumer base within a densely populated and prosperous area. The available space presents a unique opportunity for businesses seeking high visibility and a strong customer base in a well-established retail center. The property's size and location make it ideal for a variety of retail uses, including restaurants.

Property profile

Verified
Property type Retail properties & Spaces
Total area 143,000 SF
Lot 13.2 ac (574,992 SF)

Cap rate & NOI

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

Location

4600 Durham-Chapel Hl Blvd 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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