1515 N Pointe Dr Durham, NC 27705
For Lease
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North Pointe Shopping Center offers a premier retail opportunity in North Durham. This bustling shopping center boasts 117,906 square feet of space and is anchored by major retailers including Burlington Coat Factory, Harris Teeter, Costco, Home Depot, and PetSmart, ensuring high foot traffic and brand recognition. Strategically located near the I-85 and Guess Road interchange, the center benefits from exceptional visibility to over 104,000 vehicles daily. Its proximity to Downtown Durham, Duke University, and Duke Hospital – Durham County's largest employer – provides access to a dense concentration of residents and highly-paid professionals. A 10-minute drive-time population of 122,606 further underscores the significant market potential. Currently, Suite 128, a 7,300 square foot space, is available for lease beginning April 2025. The current tenant will occupy the space until that date. This presents a unique opportunity to secure a prominent location within a thriving retail environment. Please note that the space is currently occupied; do not disturb the current tenant during business hours. This is a multi-tenant property offering excellent visibility and access to a strong consumer base.
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Ross Dress for Less Department Store
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new fashions Clothing Store
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55 Gallon Drums Durham Big Box & Wholesale Store Factory
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Burlington Clothing & Fashion Store
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Amazon Locker - Indication Postal Service Courier Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CG(D) · Durham, NCDurham. Always verify with local authorities before improvements.
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.