$730,000
About this home
Exceptional investment opportunity in Durham's thriving market. This property is secured with a tenant paying $5,500/month on a 5-year Double Net (NN) lease, delivering a 7.5% cap rate with no landlord responsibilities beyond structure. Automotive and light industrial spaces remain in high demand, and the scarcity of body shop-ready properties in Durham makes this asset highly attractive. Its prime location in a high-traffic corridor ensures excellent visibility, strong tenant demand, and long-term appreciation potential.
Property details
- MLS #
- 10068825
- Property type
- Mixed Use
- Subdivision
- N/A
- Status
- Active
- Days on market
- 601
- On market date
- January 2, 2025
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- 0.23 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 420
- Student:teacher ratio
- 10.2:1
- District
- Durham Public Schools
- Enrollment
- 420
- Student:teacher ratio
- 10.5:1
- District
- Durham Public Schools
- Enrollment
- 352
- Student:teacher ratio
- 14.1:1
- District
- Durham Public Schools
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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated July 18, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.