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Executive Summary
The building is well suited for owner-users or investors seeking high-quality flex space with strong retail potential. Its standalone configuration, dedicated on-site parking, and visibility in a rapidly growing corridor distinguish it from competing multi-tenant or constrained flex assets. The site supports a wide range of commercial uses, from showroom and light industrial to service-oriented retail, medical, or experiential concepts.
Located in a booming submarket fueled by RTP employment growth and regional in-migration, the property offers both immediate functionality and long-term upside. Opportunities to acquire clean, adaptable flex assets with retail optionality and parking—this close to RTP and I-40—are increasingly scarce.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This versatile flex property offers a balanced configuration of office/retail and conditioned warehouse space, making it ideal for a wide range of business operations. The front portion of the building features approximately 3,018 SF of finished office or retail space with modern interiors, open layouts, and private rooms suitable for client-facing functions or administrative work. The rear section includes a 3,000 SF conditioned warehouse with a clear ceiling height ranging from 9’3” to 12’7” and an 8’ x 8’ roll-up door, providing efficient storage and distribution capabilities. The property is equipped with 3-phase power, supporting light industrial or specialized equipment needs. Ample on-site parking with 37 spaces enhances accessibility for staff and visitors. This flexible layout is well-suited for medical, office, retail, research and development, or logistics users seeking a strategic location in Durham’s thriving business corridor.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 6,018 SF | Retail | - | Now |
1st Floor
| Size |
| 6,018 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 6,018 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
This versatile flex property offers a balanced configuration of office/retail and conditioned warehouse space, making it ideal for a wide range of business operations. The front portion of the building features approximately 3,018 SF of finished office or retail space with modern interiors, open layouts, and private rooms suitable for client-facing functions or administrative work. The rear section includes a 3,000 SF conditioned warehouse with a clear ceiling height ranging from 9’3” to 12’7” and an 8’ x 8’ roll-up door, providing efficient storage and distribution capabilities. The property is equipped with 3-phase power, supporting light industrial or specialized equipment needs. Ample on-site parking with 37 spaces enhances accessibility for staff and visitors. This flexible layout is well-suited for medical, office, retail, research and development, or logistics users seeking a strategic location in Durham’s thriving business corridor.
Nearby Major Retailers
Property Taxes
| Parcel Number | 157201 | Improvements Assessment | $447,762 |
| Land Assessment | $427,500 | Total Assessment | $875,262 |
Property Taxes
Presented by
1612 Carpenter Fletcher Rd
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