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Greenwood Commons Shopping Center 5410 NC Hwy 55 1,550 - 3,352 SF of Retail Space Available in Durham, NC 27713
Highlights
- Abundant on-site parking, with the new Family Fare gas station adding additional customer draw
- Recent renovations include fresh paint, new parking lot, and updated signage
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste N | 1,550 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste Suite X | 1,802 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
5410 NC Hwy 55 - 1st Floor - Ste N
This ±1,550 SF in-line suite is currently vacant and available for lease. Tenant Improvement Allowances (TIA) may be available for qualifying tenants. Storefront signage opportunity available directly above the suite.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
5410 NC Hwy 55 - 1st Floor - Ste Suite X
Available on May 1, 2026, Suite X is a ±1,820 SF second-generation restaurant space. Tenant Improvement Allowances (TIA) may be available for qualified tenants. The location of the suite is undisclosed at this time. Contact broker for more info.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Central Air and Heating
- Private Restrooms
- Freezer Space
- Corner Space
- Wheelchair Accessible
- Second-generation restaurant space
- Abundant natural light
- Counter service + hood vent/cook top areas
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.
Site Plan
Property Facts
| Total Space Available | 3,352 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 61,631 SF |
| Parking | 259 Spaces | Total Land Area | 8.79 AC |
| Stores | 26 | Year Built | 1988 |
| Center Properties | 2 |
| Total Space Available | 3,352 SF |
| Center Type | Neighborhood Center |
| Parking | 259 Spaces |
| Stores | 26 |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 61,631 SF |
| Total Land Area | 8.79 AC |
| Year Built | 1988 |
About the Property
Owned and managed by SVN | REA, Greenwood Commons is a ±71,839 SF center ideally positioned just minutes from I-40 and adjacent to Research Triangle Park (RTP). The site benefits from high visibility and steady traffic (±28,000 per day) at a signalized intersection. Anchored by established restaurants and retailers - including a brewery, fitness studio, coffee shop, and more - the center draws consistent foot traffic from nearby neighborhoods and RTP commuters, with recent renovations providing a move-in-ready opportunity in a vibrant, growing community. Currently available on May 1, 2026 is a ±1,820 SF second-gen restaurant space. The location of the suite is undisclosed at this time. Tenant Improvement Allowances (TIA) may be available for qualified tenants. Contact broker for info.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
Greenwood Commons Shopping Center | 5410 NC Hwy 55
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