1810 Martin Luther King Jr PkwyDurham, NC 27707

This exceptional value-add opportunity presents a 16,650 square foot multi-tenant retail shopping center situated on a 1.53-acre lot in Durham, North Carolina. Built in 1995, the property boasts a prime location near major retailers such as Target, Sam's Club, Harris Teeter, At Home, Fresh Market, and Chick-fil-A, ensuring high visibility and foot traffic. The center features three drive-in bays with roll-up doors, offering versatile space for various retail or flex uses. Two units include interior mezzanines and back bays, adding to the functional flexibility. Currently operating at 95% occupancy, with over 50% of the gross leasable area having five years remaining on the lease, plus two five-year options, this property provides immediate cash flow and significant future upside potential. The Commercial Center (CC) zoning allows for multiple uses, enhancing its long-term value. Located in a high-growth area with a median household income exceeding $129,165 within a three-mile radius, this shopping center represents a compelling investment in a thriving market. The property is conveniently located just five miles from downtown Durham. This is a rare opportunity to acquire a well-positioned, income-producing asset with substantial growth potential. The asking price is $2,550,000.