Auto Body & Paint Shop Durham 901 E Trinity Ave 2,640 SF Retail Building Durham, NC 27701 $650,000 ($246.21/SF) 9.46% Cap Rate

Exceptional investment opportunity in Durham’s growing commercial market. The property is leased to an auto body shop tenant under a 5-year lease generating $5,500/month ($66,000 annually) with 3% annual rent increases. Tenant is responsible for utilities, landscaping, janitorial, trash service, and general day-to-day maintenance, while the landlord maintains responsibility for major structural components including the roof, foundation, and exterior walls. Automotive and light industrial properties remain in high demand throughout Durham, making this a strong cash-flow opportunity with long-term upside potential.
Automotive and light industrial properties remain in high demand throughout Durham, making this a strong cash-flow opportunity with long-term upside potential.
Buyer to verify all information. There is a fence encroachment located along the right side of the property, which the seller is willing to relocate. Additionally, there is a storage structure located at the rear of the property that encroaches onto adjacent city property. To the seller’s knowledge, there have been no issues with the city or neighboring properties regarding these items. The pavement was installed by the seller without a permit, resulting in an estimated cost savings of approximately $45,000. Per seller, no permit was required for the paving work completed.