Property City: Durham

949 Washington

Unique Opportunity with Surface Parking in Walkable Downtown Durham Location

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.

  • ±30,500 SF adaptive reuse building with flexible floor plans and demise scenarios for a variety of uses
  • Suites available ranging from 1,933 to 6,500 SF
  • Up to 6,475 SF endcap space with 1,136 SF covered patio plus ±3,000 SF outdoor area ideal for F&B users
  • Premier corner restaurant space with two-story ceilings, mezzanine, and ±900 SF covered patio
  • Highly visible along Washington Street with 128 surface parking spaces (3.4 / 1,000 ratio)
  • Estimated delivery Spring 2026
  • 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

 

Triangle Square

Anchored by Planet Fitness (opening in early 2026), Triangle Square is a well-established retail center located at the heavily traveled intersection of Highway 54 and Highway 55 (Apex Highway) in Durham. 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.

  • (2) 1,040 SF inline retail spaces available
  • Planned exterior upgrades and improvements
  • 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, Chipotle, and several QSR users

 

New Hope Commons

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.

  • 1,543 SF inline shop space available
  • Co-tenants include Walmart, Burlington, Best Buy, Michaels, Marshalls, Ashley, Old Navy, and Barnes & Noble
  • 49,500 VPD on Durham-Chapel Hill Blvd
  • Prime retail node with easy access to I-40

Hope Valley Commons

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