For Lease
$40/SF/YR

501 Washington StDurham, NC 27701

Prime Durham retail, restaurant space. Six suites available.

Overview

Added:
Dec 11, 2024
Days on market:
125
The Shops at Wye Apartments offers exceptional retail and restaurant opportunities in the vibrant city of Durham, North Carolina. This two-building complex, completed in Q3 2024, boasts a total of 310,000 square feet, with six available commercial suites ranging from 1,745 to 4,325 contiguous square feet. Currently, 16,961 square feet of retail space is vacant and ready for immediate occupancy. Located at 501 Washington St, Durham, NC 27701, this ground-floor retail space is ideally situated within a six-story, multifamily development, providing high foot traffic and visibility. The complex features 383 parking spaces for convenient customer access. The building's modern design and prime location make it perfect for a variety of businesses, including cocktail bars, pubs, boutique fitness studios, restaurants, and urban markets. This is a unique opportunity to establish a presence in a thriving Durham community within a newly constructed building. The property is situated in Durham County and offers a total of six suites across two buildings, each six stories high. The minimum divisible space is 1,745 square feet, while the maximum contiguous space available is 4,325 square feet.

Highlights

  • Located in the heart of Downtown Durham.
  • Across the street from the Historic Durham Athletic Park.
  • Prominently situated along the Durham Belt Line Trail.
  • Excellent signage and branding opportunities.
  • Features outdoor dining terraces and gathering spaces.
  • Abundant parking with 383 spaces available.

Property Details for 501 Washington St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
310,000 SF
Year Built
2024
Buildings
2
Stories
6

Unit(s) available at that property

Space
501 Washington Street, Unit B-1
Size
2,782 SF
Rate per SF
$40
Space
501 Washington Street, Unit C-1
Size
2,008 SF
Rate per SF
$40
Space
501 Washington Street, Unit C-2
Size
2,990 SF
Rate per SF
$40
Space
501 Washington Street, Unit C-3
Size
4,325 SF
Rate per SF
$40
Space
501 Washington Street, Unit A-2
Size
3,111 SF
Rate per SF
$40
Space
501 Washington Street, Unit A-1
Size
1,745 SF
Rate per SF
$40

Location Insight

City
Durham
County
Durham
State
North Carolina
Latitude
36.0028243
Longitude
-78.904117
501 Washington St, Durham, North Carolina

FAQs

What type of property is this?
Retail property - Prime Durham retail, restaurant space. Six suites available.
Where is the retail property located?
The property is located at 501 Washington St Durham, NC.
What is the lease rate?
The lease rate is $40/SF/YR.
What are key features of this property?
This property features: Located in the heart of Downtown Durham.; Across the street from the Historic Durham Athletic Park.; Prominently situated along the Durham Belt Line Trail.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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501 Washington St
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