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1000 N Miami Blvd
Durham, NC 27703
The Village Shopping Center · Retail Property For Sale
·
213,632 SF Total


Investment Highlights
- Grocery Anchored Retail | Infill Position | WALT: 4.8 Years | 4+% CAGR
- 57-Percent of Gross Income from National/Regional Brands: Family Dollar, Aaron’s Rents, DaVita Dialysis, CitiTrends, Maxway, US Post Office
- Four (4) Buildings | Two (2) Parcels Totaling +/- 20 Acres
- Mark-to-Market Leasing Potential: 43-Percent of the leased square footage has no renewal options
- Within Two (2) Miles of Downtown Durham with +/- $2.65 Billion in Recent Capital Investments
- Strong Grocery Sales + Recent 10-Year Lease Extension with Tropicana Supermarket
Executive Summary
The Village Shopping Center is a multi-building retail investment opportunity located at 1000 & 1100 N Miami Blvd in Durham, North Carolina. The property consists of four buildings situated on approximately 20.09 acres across two parcels and is anchored by Tropicana Supermarket. The center benefits from a diverse tenant mix that includes national and regional tenants such as Family Dollar, Aaron's, DaVita Kidney Care, Citi Trends, the United States Postal Service, and other neighborhood-serving retailers and service providers.
The asset is approximately 95% leased and benefits from recent leasing activity, including new long-term leases with Fishing Point Healthcare and a recent lease extension with Tropicana Supermarket. The property's configuration includes multiple buildings, extensive parking, and frontage along North Miami Boulevard and Holloway Street, supporting visibility and accessibility for tenants and customers. Approximately 43% of the leased square footage reportedly has no remaining renewal options, creating future leasing flexibility and potential value enhancement opportunities. The combination of established tenancy, infill location, redevelopment optionality, and proximity to Downtown Durham positions the property as a significant retail investment within a growing market.
The asset is approximately 95% leased and benefits from recent leasing activity, including new long-term leases with Fishing Point Healthcare and a recent lease extension with Tropicana Supermarket. The property's configuration includes multiple buildings, extensive parking, and frontage along North Miami Boulevard and Holloway Street, supporting visibility and accessibility for tenants and customers. Approximately 43% of the leased square footage reportedly has no remaining renewal options, creating future leasing flexibility and potential value enhancement opportunities. The combination of established tenancy, infill location, redevelopment optionality, and proximity to Downtown Durham positions the property as a significant retail investment within a growing market.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 213,632 SF |
| Number of Properties | 4 | Total Land Area | 20.00 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 213,632 SF |
| Total Land Area | 20.00 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Village Shopping Center
1000 N Miami Blvd, Durham, NC 27703 |
Retail | 101,817 SF | 1959 | - |
|
The Village
1001 N Miami Blvd, Durham, NC 27703 |
Retail | 79,767 SF | 1959 | - |
|
The Village
1100 N Miami Blvd, Durham, NC 27703 |
Retail | 28,246 SF | 1959 | - |
| 1000 N Miami Blvd, Durham, NC 27703 | Retail | 3,802 SF | 1959 | - |
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