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
3457 HILLSBOROUGH ROAD | DURHAM, NC 27705
FOR LEASE | HARRIS TEETER OPENING 2019
Durham Festival Center
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
3457 HILLSBOROUGH ROAD | DURHAM, NC 27705
FOR LEASE | HARRIS TEETER OPENING 2019
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
3457 HILLSBOROUGH ROAD | DURHAM, NC 27705
FOR LEASE | HARRIS TEETER OPENING 2019
Durham Festival Center
© 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