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
Well positioned at the heavily traveled intersection of Highway 54 and Highway 55 (Apex Highway) in Durham, Triangle Square is an established retail center currently anchored by Big Lots. 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 and 1,600 SF inline retail space available; ±35,200 SF future anchor opportunity
- 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
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
- ±12,125 SF junior anchor opportunity with an ample parking field available
- 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 $124,000 within a one-mile radius.
- Shop space availability:
– Suite 19 – 1,400 SF second generation endcap restaurant space
– Suite 15 – 1,400 SF second generation salon space; available May 2025
- 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 $147,000 within a five-minute drive time
Build to Suit/Ground Lease Opportunities – Please Call
Parcel Size – 2.23 AC
City of Durham
Durham Co. PIN – 0820-17-10-5796
Zoning – CG (Commercial General)
Frontage – 450’ +/- (MLK Jr. Parkway)
