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The Village Shopping Center 4 Retail Properties in Durham, NC
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
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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Contacts
-
Andrew Margulies -
Ashley Estrada -
Harrison Creason -
Patrick Barratt -
Marcus & Millichap
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