Shopping Strip
3205 University Dr
3205 University Dr, Durham, NC 27707
Listing Price: $3,150,000
Investment Overview
Marcus & Millichap is pleased to present for sale an 11,896 square foot multi-tenant retail strip located in Durham, North Carolina. The subject property was constructed in 1967 and recently went through some capital improvements including new HVAC for the Grocery, Breezeway Lights, parking seal and strip, paint and landscaping. The property is 100% leased.
3205 University Dr
Investment Highlights
- 11,896-SF Multi-Tenant Strip Retail Center in Raleigh/Durham MSA
- South Durham Location Near New Development Projects
- Adjacent 1-Acre Land Parcel Available to Purchase (Not Included in Price)
- Recent Capital Improvements: New HVAC in Grocery, Breezeway Lights, Parking Seal and Stripe, Paint, Landscaping
- Five (5) Total Tenants | 53 Parking Spaces
- Domino's Pizza #2 Location in 30-Mile Radius* | Near Duke University
- High Median Household Income in 1-3 Mile Radius
- Appx 1-Mile 1,000,000 Sq Ft of Retail and 1,800 Apartment Units
Listing Price: $3,150,000
Investment Highlights
- 11,896-SF Multi-Tenant Strip Retail Center in Raleigh/Durham MSA
- South Durham Location Near New Development Projects
- Adjacent 1-Acre Land Parcel Available to Purchase (Not Included in Price)
- Recent Capital Improvements: New HVAC in Grocery, Breezeway Lights, Parking Seal and Stripe, Paint, Landscaping
- Five (5) Total Tenants | 53 Parking Spaces
- Domino's Pizza #2 Location in 30-Mile Radius* | Near Duke University
- High Median Household Income in 1-3 Mile Radius
- Appx 1-Mile 1,000,000 Sq Ft of Retail and 1,800 Apartment Units
Investment Overview
Marcus & Millichap is pleased to present for sale an 11,896 square foot multi-tenant retail strip located in Durham, North Carolina. The subject property was constructed in 1967 and recently went through some capital improvements including new HVAC for the Grocery, Breezeway Lights, parking seal and strip, paint and landscaping. The property is 100% leased.
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