Exchange on Erwin — Lease in Durham, NC

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Durham, NC 27705

Description

Duke Adjacent Mixed-Use Project Offering integrated retail and restaurant uses, Exchange on Erwin is a rare opportunity to lease in the Durham’s General Education and Medical corridor. The property features direct access to the luxury Flats on Exchange apartment community (265 units), adjoining office, and Duke University Hospital (over 11,000 employees). Additionally, the Property is within walking distance to Duke University (14,600 students) and the VA Hospital (3,400 employees). Durham has experienced a renaissance of growth in the last five years, with no end in sight. A thriving community abounding with a well-educated and creative demographics, Durham’s growth trajectory is continually positive.

Market Context

This retail in Durham, NC is listed for lease. It has been on the market for 195 days. Compare it against other retail listings for lease in Durham, NC — view the full market.

Estimated Market Rate

$4.80/SF/mo – $6.49/SF/mo

Mid: $5.65/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Based on comparable properties in similar markets rather than local sales.

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