for lease | harris teeter opening 2019 durham festival …€¦ · anchored by harris teeter,...

3457 HILLSBOROUGH ROAD | DURHAM, NC 27705

FOR LEASE | HARRIS TEETER OPENING 2019

Durham Festival Center

www.cbre.us/raleigh

© 2019 CB Richard Ellis-Raleigh, LLC, a Delaware limited liability company. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any

projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your

advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

CONTACT US

Reagan Crabtree, CCIM

Senior Vice President+1 919 831 [email protected]

Cristi Greene

Senior Associate+1 919 831 [email protected]

RENOVATIONS UNDERWAY

www.cbre.us/raleigh




PROPERTY INFO

Anchored by Harris Teeter, Durham Festival Center is a 134,290 SF shopping center located in the heart of Durham.

+ Tenant roster comprised of strong national credit tenants along with many well-established local and regional tenants

+ Positioned near the intersection of Highway 501 and Highway 147 with excellent visibility on Hillsborough Road

+ Located just one mile from Duke University Main Campus and Hospital

2018 Demographics

1 Mile 3 Miles 5 Miles

Population 10,934 69,735 159,287

Households 5,200 29,844 63,844

Average HH Income $52,810 $71,156 $67,394

Daytime Population 16,666 106,086 201,351

www.cbre.us/raleigh



Durham Festival Center DURHAM FESTIVAL CENTER

11

NO. TENANT SF EXP RATE

100 Kroger 59,970 08/31/20 $7.20 110 Available 8,305 - -120 Cricket Cellular 1,324 12/31/17 $17.00 130 Shanghai Restaurant 3,040 09/30/16 $21.00 140 Dollar General 10,287 07/31/17 $9.00 150 Millenium Sports Gym 16,215 06/30/19 $10.21200 Japan Express 3,000 08/31/19 $19.00 210 Hancock Fabrics 11,100 11/30/17 $8.23 220 SunTrust 1,818 02/28/20 $21.37230 La Vaquita Restaurante 1,200 02/28/17 $22.95 300 Snow White Cleaners 1,200 01/31/20 $19.47 310 Available 4,479 - -320 K Nails 1,600 11/30/20 $18.00 330 Available 1,029 - -340 Miracle Ear 1,205 06/30/17 $20.00 350 Falco’s Italian Pizzeria 1,561 08/31/20 $23.50360 Durham Tobacco 1,302 12/31/16 $20.16 370 Available 1,244 - -380 Glidden Professional Paints 1,941 03/31/17 $21.25900 Dunkin Donuts 2,470 07/31/25 $28.50 925 Kroger Gas Station - 08/31/20 $2,083/moATM SunTrust ATM ATM 10/31/19 $900/mo

Total SF 134,290Total Available SF 15,057

% Occupied 89%

SITE P LAN

Hillsborough Rd. / US Hwy 7026,000 AADT

US

Hw

y 15-501 B

y-Pass

59,0

00

AA

DT

LaSalle St.

300

320

340350360

230

200

150 140 130

120

110

100

925KROGER

FUEL PAD

900

310

370 (Not Included)

330

380

220

210

Suite # Tenant SF100 Harris Teeter 59,970110 Pet Supplies Plus 8,305120 Cricket Cellular 1,324130 Shanghai Restaurant 3,040140 Dollar General 10,287150 Millenium Sports Gym 16,215200 Japan Express 3,000210 AVAILABLE 11,100220 Jersey Mike’s 1,818

230 Michoacan Mexican Restaurant 1,200

300 Snow White Cleaners 1,200310 Rockin’ Rolls 4,479320 Bella Nail Bar 1,600

330 Noor & Noor Eyebrow Threading 1,029

340 Miracle Ear 1,205350 Italian Pizzeria 1,561360 Durham Tobacco 1,302

370/380 SunTrust 3,185900 Dunkin Donuts 2,470925 Kroger Gas Station -ATM SunTrust ATM ATM

Coming Soon

www.cbre.us/raleigh




© 2016 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified byeither CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such stepsas the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced. Layout ID:L07 MapId:3706296

DURHAM FESTIVAL CENTER DURHAM, NC

DURHAM FESTIVAL CENTER

DUKE UNIVERSITY MAIN CAMPUS14,600 Students

DUKE UNIVERSITY HOSPITAL943 Beds

for lease | harris teeter opening 2019 durham festival …€¦ · anchored by harris teeter,...

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