Share This Listing

Message

951 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Ample Parking.

Executive Summary

Willowdaile Shopping Center is a 93,048 square foot neighborhood shopping center that is currently 80% occupied and anchored by Ollie's Discount Outlet. Tenancy in the center includes other national tenants such as Starbucks, H&R Block, State Farm, and Family Dollar. Ollies and Starbucks both rank in the top 10% of store performance based on data from Placer.ai, indicating strong demand for the center and putting a new owner in a strong position to increase rents and grow NOI.
This property is a true value-add opportunity, providing an investor the ability to improve performance in multiple
categories:
Improve occupancy from the current 80% to the market average of 96%.
Mark to market in-place rents of $13.68 per square foot to the market average of $17 per square foot for older centers.
Potential to renovate and elevate the property to full market value rates in the upper $20s per square foot.
Target returns of mid teens cash-on-cash and IRR in the mid 20% range
Call for offers: Monday, October 13, 2025

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
93,217 SF
Building Class
B
Year Built
1986
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.24
Lot Size
8.88 AC
Zoning
CC - Commercial
Parking
272 Spaces (2.92 Spaces per 1,000 SF Leased)

Amenities

  • Banking
  • Bus Line
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Body Games
  • Services
  • -
  • -
  • Triple Net
  • -
  • Bricks and Minifigs
  • Retailer
  • -
  • -
  • Triple Net
  • -
  • Finance and Insurance
  • -
  • -
  • -
  • -

Edward Jones began in the early 1920s as a brokerage firm founded by Edward D. Jones Sr. and built around a client-first approach that emphasized suitable investments and personal relationships. The firm operates with a branch-office model across North America and serves individual investors and small businesses through financial advisors who provide personalized guidance. Edward Jones offers investment products, financial planning, retirement accounts, education savings, insurance, annuities, and advisory services. The firm maintains a large advisory network and a broad client base, demonstrating continued scale in wealth management and related financial services.

  • Services
  • -
  • -
  • Triple Net
  • -

Our motto is E.G.O. which means “Experience a Gentleman’s Oasis,” because in a world that can be stressful to say the least every man should have an oasis where he can escape the rigors of life and enjoy the camaraderie of colleagues and friends in an atmosphere that is both manly and therapeutic. We stand on a tall legacy of barbershops that have been pillars in the community by teaching young men how to shake a man’s hand, providing a place for men to network, and being a place to celebrate the milestones of life such as graduation, marriage, and promotion. We gladly take part in this legacy.

  • Educational Services
  • -
  • -
  • -
  • Nov 2014

Encore Academy of Dance has built a reputation for excellence in dance education. Our students have become some of the finest young dancers in the country, going on to train at such programs as the University of the North Carolina School of the Arts, Virginia School of the Arts, Atlanta Ballet, North Carolina Dance Theatre and the American Dance Festival. Our instructors have trained and performed with some of the most prestigious dance programs available, including the University of the North Carolina School of the Arts, Pennsylvania Ballet, Pacific Northwest Ballet, the Hungarian National Ballet, the American Dance Festival, New York’s Steps and Broadway Dance Center.

  • Retailer
  • -
  • -
  • -
  • Apr 2021

Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -

H&R Block was founded in 1955 by brothers Henry and Richard Bloch, beginning as a tax return preparation business. The company now provides global tax preparation services, financial products, and small-business solutions through retail offices, digital channels, and mobile applications, including Spruce, Block Advisors, and Wave. H&R Block's offerings span in-person tax help, online and mobile tax software, refund and identity-related services, and business tools such as payroll, bookkeeping, advisory, and payment processing.

  • Italian Pizzeria Restaurant
  • Accommodation and Food Services
  • -
  • -
  • -
  • -
  • Ollie's Bargain Outlet
  • Retailer
  • -
  • -
  • Triple Net
  • Aug 2036
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Nov 2025

Thank you for visiting their website. They look forward to meeting you! They have three wonderful dentists and a contagiously friendly and knowledgeable staff. Their goal is to exceed your expectations both in quality and experience! Their purpose is to serve their patients with compassion, excellence and value. They understand that you have personal needs and concerns and look forward to addressing them with you. They are here to help you and yours enjoy a lifetime of complete dental health. New patients are welcome and they offer same day emergency dental service. They are here to serve our community, not only through the best dental care possible, but also by being of a caring, positive, and enjoyable place to visit. Come see why they have “Love all, serve all” on their wall!

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Body Games Services - - Triple Net -
Bricks and Minifigs Retailer - - Triple Net -
Finance and Insurance - - - -
Services - - Triple Net -
Educational Services - - - Nov 2014
Retailer - - - Apr 2021
Professional, Scientific, and Technical Services - - - -
Italian Pizzeria Restaurant Accommodation and Food Services - - - -
Ollie's Bargain Outlet Retailer - - Triple Net Aug 2036
Health Care and Social Assistance - - - Nov 2025
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Starbucks
Harris Teeter
Food Lion

Property Taxes

Property Taxes

Parcel Number
173349
Land Assessment
$3,240,748
Improvements Assessment
$6,305,042
Total Assessment
$9,545,790
  • Listing ID: 37444450

  • Date on Market: 8/27/2025

  • Last Updated:

  • Address: 3823 Guess Rd, Durham, NC 27705

Contact the Sale Advisor

Willowdaile | 3823 Guess Rd

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}