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1712 Nc-54 Hwy E
Durham, NC 27713
Retail Property For Sale
Investment Highlights
- Attractive Long-Term Lease Extension - Recently constructed new 10-Year term with roughly 9 years remaining
- Updated Third Party Reports - Clear Title, Clean Environmental, & newly constructed ALTA Survey allows prospective Buyer’s to save on due diligence
- Immense Population Growth – The city of Durham has seen an estimated 22% increase in population over the past decade alone
- Passive Lease Structure - Tenant is responsible for Taxes, Insurance, Parking Lot, and HVAC Systems, making this an ideal 1031 property for investors
- NC’s Research Triangle – Located just minutes away from the one of the nation’s most affordable metro markets
- Proven Track record of Corporate Success – Headquartered out of Rochester NY Monro Muffler has over 1,250+ locations nationwide
Property Facts
Property Type
Retail
Property Subtype
Building Size
8,834 SF
Building Class
C
Year Built
1994
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
4.33 AC
Zoning
CN
Parking
30 Spaces (3.4 Spaces per 1,000 SF Leased)
Frontage
100’ on Nc-54 Hwy
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 153895 | Improvements Assessment | $609,266 |
| Land Assessment | $1,153,250 | Total Assessment | $1,762,516 |
Property Taxes
Parcel Number
153895
Land Assessment
$1,153,250
Improvements Assessment
$609,266
Total Assessment
$1,762,516
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