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Rockwood Bldg 2514 University Dr 896 SF of Retail Space Available in Durham, NC 27707
Highlights
- Prime location along University Drive with strong daily traffic counts.
- Surrounded by popular local businesses and a growing residential base.
- Flexible layout suitable for a variety of retail or service uses.
- Excellent visibility and signage opportunities for maximum exposure.
- Convenient access to major roads and regional connectivity via I-40.
- Strong area demographics and proven commercial corridor.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 896 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $17,920 /YR $1,493 /MO | TBD |
1st Floor
Street-front retail suite with excellent visibility. Located on a high-traffic corridor with 7,000 cars/day on University Drive and 10,000 cars/day on Durham-Chapel Hill Blvd. Open floor plan with 10-foot ceilings and abundant natural light. Ideal for boutique retail, personal services, or small professional offices.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Rockwood Bldg
- Tenant
- Description
- US Locations
- Reach
- Ardas LLC
- Public Administration
- 1
- -
- CarpetsPlus
- Floor Covering
- 305
- National
- Catherine D. Ray General Dentistry
- Health Care and Social Assistance
- 1
- -
- Dyer's Custom Tailoring
- Unisex Apparel
- 1
- -
- Miel Bonbons Patisserie
- Manufacturing
- 1
- -
- Nanas
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| Ardas LLC | Public Administration | 1 | - |
| CarpetsPlus | Floor Covering | 305 | National |
| Catherine D. Ray General Dentistry | Health Care and Social Assistance | 1 | - |
| Dyer's Custom Tailoring | Unisex Apparel | 1 | - |
| Miel Bonbons Patisserie | Manufacturing | 1 | - |
| Nanas | Restaurant | 1 | - |
Property Facts
| Total Space Available | 896 SF | Gross Leasable Area | 13,204 SF |
| Property Type | Retail | Year Built | 1987 |
| Property Subtype | Restaurant | Parking Ratio | 3.33/1,000 SF |
| Total Space Available | 896 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 13,204 SF |
| Year Built | 1987 |
| Parking Ratio | 3.33/1,000 SF |
About the Property
This highly visible retail suite offers a prime leasing opportunity along the bustling University Drive corridor in Durham. Positioned in a well-established commercial area, the property benefits from strong vehicle and foot traffic, ensuring consistent exposure for businesses. The surrounding neighborhood features a dense residential population and a diverse mix of local businesses, creating a steady flow of potential customers throughout the day. The space features an efficient open layout, ideal for boutique retailers, personal service providers, or small professional offices seeking a prominent street-front presence without excess square footage. Large storefront windows provide excellent natural light and visibility, while the convenient location offers easy access to major thoroughfares, including Durham-Chapel Hill Boulevard and I-40. With a proven commercial setting, strong area demographics, and proximity to popular dining and retail destinations, this property presents an exceptional opportunity for businesses looking to enhance their visibility and attract a loyal customer base.
- Bus Line
- Pylon Sign
- Restaurant
- Signage
Nearby Major Retailers
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Rockwood Bldg | 2514 University Dr
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