Proposed Grocery Anchored Development in the Heart of Apex
- ±75,000 SF grocery anchored retail development centrally located just half a mile east of I-540 in a booming Apex growth corridor
- Prime shop space and outparcel opportunities with flexible demise scenarios and ability to accommodate drive-thru users
- Signalized access along S Salem Street with ample surface parking and prominent signage opportunities along a major commuter route
- Located at the entrance to Depot 499, a new 200-acre master-planned community by Lennar consisting of 650 townhomes and adjacent to two new luxury multi-family developments with over 900 units
- Surrounded by new developments including a 92-acre Town of Apex Park and Pleasant Plains, a recently delivered Wake County elementary school
Prime Retail Opportunity for Lease in the Heart of Chapel Hill
- ±1,800 SF retail space situated along iconic Franklin Street, Chapel Hill’s main thoroughfare known for its high pedestrian traffic and vibrant energy
- Direct access to a dense, affluent population, including University of North Carolina’s (UNC) students, faculty, residents, and visitors
- Prominent frontage along Franklin Street, providing an excellent signage opportunity and visibility to both vehicle and foot traffic
- Neighboring national brands and local establishments create a dynamic retail environment
- Steps from one of the country’s largest and most prestigious universities, driving passerby traffic and brand awareness
- Open, flexible space layout is adaptable for a variety of retail, service, or boutique food and beverage concepts
Retail and Creative Office Opportunities within Walking Distance of Downtown Durham
Located in close proximity to the heart of Downtown Durham, 949 Washington is walkable to numerous retail amenities and serves over 16,000 residents within a one-mile radius. Directly in the path of progress, the addition of the Durham Rail Trail and Ellerbee Creek Trail will further drive development to this corridor. The property offers a unique opportunity to be immediately connected to and integrated with the city’s thriving and rapid growth.
- ±33,000 SF adaptive reuse building with flexible floor plans and demise scenarios
- Significant outdoor patio areas offer a versatile space for food and beverage users
- Premier corner space with two-story ceilings, mezzanine, and large outdoor seating area
- Highly visible along Washington Street with 128 surface parking spaces (3.4 / 1,000 ratio)
- Located along the Durham Rail Trail (slated to start construction in 2026), a planned 1.8-mile walking and bike trail that will become an artery for foot traffic through the city
- Within walking distance of 50+ food & beverage establishments including Motorco, Geer Street Garden, and Cocoa Cinnamon
- Easily accessible to I-85 and the Durham Freeway (Hwy 147)
Positioned at the corner of Hillsborough Road and Hale Street in Durham, the property currently consists of two freestanding buildings totaling 3,524 SF on a total of 0.304 acres.
- 2408 Hillsborough Road – 3,024 SF
- 2500 Hillsborough Road – 500 SF
Property Highlights
- Opportunity to renovate and repurpose structures to create unique retail space
- Willing to consider ground lease structure for ideal end user
- Onsite parking lot serving property
- Strong surrounding existing residential population and positioned directly across the street from Alta Rutherford, a new 336-unit development
- Ideally located within close proximity to the Shops at Erwin Mill, a Harris Teeter anchored mixed-use project, and the highly walkable Ninth Street District
- Exceptional daytime population located less than one mile from Duke University Main Campus and Hospital
Strategically located and highly visible along Ramsey Street, one of Fayetteville’s major thoroughfares, River Landing presents a unique opportunity for retailers to capture market share in one of Fayetteville’s well-established retail corridors. Given its location, the center is easily accessible and benefits from the area’s strong market drivers, including nearby Methodist University and Fort Liberty military base.
- Positioned at the signalized intersection of Ramsey Street (38,000 VPD) and Law Road (17,500 VPD)
- Large parking field with multiple access points on Ramsey Street and Law Road
- Co-tenants include Dollar Tree, It’s Fashion Metro, Total by Verizon, Metro by T-Mobile, and Cricket Wireless
- Area retailers include Lowe’s Home Improvement, Walmart Supercenter, Chick-fil-A, Starbucks, Ross, Walgreens, and CVS, among others
Mixed-Use Development in the Heart of Apex | Retail Space Available in a Booming Apex Growth Corridor
- 2,430 SF ground-floor retail space available at The Ballast on Salem, a 295-unit upscale multifamily community with initial units now delivered and full occupancy by Fall 2025
- Prominent signage opportunity along S Salem Street with ample surface parking
- Space includes a large, exclusive patio area and adjoining greenspace ideal for outdoor seating and activation
- Located at the entrance to Depot 499, a new 200-acre master-planned community by Lennar consisting of 650 townhomes
- Steps from a planned new grocery anchored retail development that will include ±40,000 SF of additional retail space
- Surrounded by new developments including an additional 600 upscale multifamily units, a 92-acre Town of Apex Park and Pleasant Plains, a recently delivered Wake County elementary school
- Located east of I-540 in Apex, one of South Wake County’s fastest-growing submarkets with strong connectivity and high visibility along a major commuter route
Anchored by Planet Fitness, Triangle Square is a well-established retail center located at the heavily traveled intersection of Highway 54 and Highway 55 (Apex Highway) in Durham, and is set to soon undergo a full façade renovation. Nearby Research Triangle Park, with its substantial workforce (375 companies and 60,000+ employees), and the new mixed-use development of HUB RTP, contribute significantly to the area’s vibrant daytime population.
- 1,040 SF inline retail space available
- Center will soon be undergoing a full façade renovation
- Large parking field with multiple access points along Highway 55
- Positioned at the signalized intersection of Highway 55 (31,500 VPD) and Highway 54 (20,000 VPD)
- Area retailers include O’Reilly Auto Parts, Walgreens, Starbucks, Food Lion, Dollar Tree, and several QSR users
Ground Floor Retail Space for Lease in Upscale Mixed-Use Development
Located along Hwy 54/Raleigh Road on the edge of The University of North Carolina campus, East 54 is an upscale mixed-use development consisting of luxury residential condominiums, office space and ground floor retail.
- One ±1,898 SF inline retail space remaining
- Located adjacent to Aloft Hotel, East 54 includes 184 luxury residential condominiums, 58 upscale apartments, and ±162,000 SF of office space
- Co-tenants include Hawthorne & Wood, Walgreens, First Watch, Woof Gang Bakery, Monkee’s, Olga’s Greek Kitchen, and HOTWORX
- Excellent visibility along NC-54 with over 44,500 VPD
- Close proximity to UNC-Chapel Hill campus and easily accessible to US-501 and l-40
Located in South Durham’s primary retail corridor off 15-501/Durham-Chapel Hill Blvd, New Hope Commons is a power shopping center with an excellent mix of national credit and big box retailers.
- ±23,248 SF anchor opportunity coming available February 2026
- 1,543 SF inline shop space available January 2026
- Co-tenants include Walmart, Burlington, Best Buy, Michaels, Marshalls, Old Navy, Barnes & Noble, and Ashley HomeStore
- 49,500 VPD on Durham-Chapel Hill Blvd
- Prime retail node with easy access to I-40
Anchored by Harris Teeter, Hope Valley Commons is located at the signalized intersection of Highway 54 and Garrett Road in South Durham just minutes from I-40 and The Streets at Southpoint. The center is surrounded by strong demographics with an average HH Income of over $140,000 within a one-mile radius.
- 1,600 SF inline retail space coming available
- Strong tenant mix comprised of regional and local users including Club Pilates, Marco’s Pizza and The Guys’ Place
- Located adjacent to the heavily traveled intersection of Hwy 751 & NC 54, the center benefits from excellent visibility and accessibility
- Surrounded by strong demographics with an average household income of over $149,000 within a five-minute drive time
