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1114 W NC 54 Hwy
Durham, NC 27707
Advance Auto Parts · Retail Property For Sale

Investment Highlights

  • Over Five Years Remaining on Corporate-Guaranteed Lease with Advance Auto Parts
  • 142,771 Residents within a Five-Mile Radius - Raleigh / Durham MSA
  • Signalized Hard Corner Location Visible to 26,500 Cars per Day
  • Five Percent Rental Increases Occurring in Each Renewal Option Period
  • Growing Durham Trade Area - Households and Population Projected to Increase Roughly Nine Percent within a Three-Mile Radius by 2027
  • Average Household Income Exceeds $129,000 in the Immediate Area

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.94 AC
Zoning
CG(D)
Parking
40 Spaces (5.71 Spaces per 1,000 SF Leased)
Frontage
375’ on Nc Highway 54 Hwy

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

Property Taxes

Property Taxes

Parcel Number
135709
Land Assessment
$1,401,595
Improvements Assessment
$907,626
Total Assessment
$2,309,221
  • Listing ID: 28193546

  • Date on Market: 4/10/2023

  • Last Updated:

  • Address: 1114 W NC 54 Hwy, Durham, NC 27707

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