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    OFF-MARKET
    Power centers

    3616 Witherspoon Blvd, Durham, NC 27707

    160,942 SF
    Property ID
    Property summary
    AI-generated overview

    Patterson Place, a thriving power center in Durham, NC, offers a prime retail opportunity. This 160,942 square foot property boasts ample onsite parking and is strategically located at 3616 Witherspoon Blvd, Durham, NC 27707. Currently, there is one vacant suite totaling 1,378 square feet available for lease. The center enjoys a strong tenant mix, anchored by well-established national brands including Boot Barn, Designer Shoe Warehouse, PetSmart, Total Wine, Home Depot, and Kohl's, ensuring high foot traffic and visibility. This location benefits from its proximity to a diverse mix of office, medical, and residential developments, creating a robust customer base. The property's power center format provides excellent accessibility and convenient parking for shoppers. The available space presents a unique chance to establish or expand a retail business in a high-demand area of Durham County. This is an exceptional opportunity to capitalize on the established success of this premier retail destination. The property's location and strong anchor tenants make it an attractive investment for businesses seeking high visibility and a thriving customer base. The available space is ready for immediate occupancy.

    Property profile
    Verified
    Property type Power centers
    Total area 160,942 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
    • Sherwin-Williams Paint Store Hardware & Home Improvement Building Supply
    • KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
    • Patterson Place Shopping Center & Mall
    • Spirit Halloween (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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