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1000 Miami BlvdDurham, NC 27703

Durham Retail Center - High Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
117
The Village, a thriving 215,453 square foot community center in Durham, NC, presents a compelling investment opportunity. Built in 1959 and renovated in 1988, this multi-tenant property boasts a prime location at the intersection of N. Miami Blvd and Holloway Street (Business Hwy 70 and NC 98), ensuring high visibility and accessibility. Ample parking is available with 963 spaces to accommodate shoppers and employees. The center is anchored by strong national and local tenants, including Aarons, the US Post Office, Maxway, Family Dollar, Sunny Beauty Supply, Citi Trends, Boost Mobile, H&R Block, and Subway, creating a diverse and well-established tenant mix. Located in Durham County, this property benefits from a robust local economy and significant foot traffic. The center's established presence and strong tenant occupancy make it an attractive investment for those seeking a stable and high-performing retail asset. This property offers a unique opportunity to acquire a well-positioned, established retail center in a growing market. The property is situated at 1000 N Miami Blvd, Durham, NC 27703.

Highlights

  • Strong anchor tenants include Maxway and Tropicana Supermarket.
  • Tenants include Family Dollar, H&R Block, Citi Trends, and Sunny Beauty Supply.
  • The property features 215,453 square feet of gross leasable area (GLA), built in 1959 and renovated in 1988.
  • Ample parking is available with a 4.47 spaces per 1,000 square feet ratio.
  • High traffic counts are present, with 11,500 vehicles per day (VPD) on Holloway Street and 7,200 VPD on Miami Boulevard.

Property Details for 1000 Miami Blvd

Property type
Community centers, Retail properties
RSF (Rentable sq. ft)
215,453 SF
Year Built/Renovated
1959/1988

Unit(s) available at that property

Space
Suite 111
Size
4,066 SF
Space
Suite 235
Size
8,488 SF
Space
Suite 613
Size
11,488 SF

Location Insight

City
Durham
County
Durham
State
North Carolina
Latitude
35.995115972138
Longitude
-78.871529540053
1000 Miami Blvd, Durham, North Carolina

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1000 Miami Blvd
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