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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2816 Erwin Rd Durham, NC 27705

118,000 SF
Property ID
Property summary
AI-generated overview

This exceptional Class A retail property, Erwin Terrace I, presents a prime opportunity for discerning businesses seeking a high-visibility location in Durham, North Carolina. Situated at 2816 Erwin Rd, this corner space offers 1,716 square feet of immediately available space within a larger 118,000 square foot complex. The property boasts a desirable multiple tenancy arrangement, ensuring a vibrant and diverse commercial environment. The building itself is one of two on the site, providing ample space and potential for expansion or synergy with neighboring businesses. Ample parking is available for both tenants and customers, encompassing both surface and structured options, ensuring convenient access for all. Located in Durham County, zip code 27705, this property benefits from excellent visibility and accessibility, making it an ideal location for a variety of retail ventures. The property's classification as a Class A building signifies its high-quality construction, modern amenities, and desirable location within the thriving Durham market. This is a rare opportunity to secure a prominent retail space in a highly sought-after area. The 1,716 square foot space is ready for immediate occupancy. Contact us today to learn more about this exceptional retail opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Total area 118,000 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
  • Heavenly Buffaloes Restaurant
  • Erwin Terrace Apartment Building
  • Pho & Poke House Restaurant
  • Community Pharmacy Pharmacy
  • Edward Jones - Financial Advisor: Allen B Parker, CFP®|CIMA®|CEPA® Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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