901 E Trinity Avenue,Durham, NC 27704
Durham, NC 27704
Description
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.
Details
| MLS # | 10068825 |
|---|---|
| Listing Type | For Lease |
| Style | Mixed Use |
| Status | Active |
| Year | 1980 |
| Days On Site | 601 |
| Listing Provided By | Century 21 Triangle Group | Jose Cruz Labrada |
Features
| SQ Feet | 2,640 |
|---|---|
| Acreage | 0.23 |
Exterior
| Construction Materials | Stone |
|---|
Taxes
| Tax Assessed Value | 225000 |
|---|---|
| Tax Legal Description | PROP-GEER F C EST/BLK:05/ LT#31-32 PL:00005B-000106 |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27704 |
| Area | Durham |
| Listing VS Median (in 27704) | |
Price: $730,000 low | high Med: $332,990 sqft: 2,640 low | high Med: 1,749 $ / sqft: $277 low | high Med: $190 On site: 601 low | high Med: 90 | |
Market Activity 27704
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Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.
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Learn More About This Property
| State | NC |
|---|---|
| County | Durham |
| City | Durham |
| Zip Code | 27704 |
| Area | Durham |
| Listing VS Median (in 27704) | |
Price: $730,000 low | high Med: $332,990 sqft: 2,640 low | high Med: 1,749 $ / sqft: $277 low | high Med: $190 On site: 601 low | high Med: 90 | |
Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.
