919-287-2121
3601 Hillsborough Rd, Durham, NC for Sale
Auto Dealership - FOR SALE
1/25
null | Request Cap Rate

Jul '25


3601 Hillsborough Rd
Durham, NC 27705
American Village


HIGHLIGHTS

  • Features 10 drive-in doors, two loading docks, and one ramped drive-in door
  • High-visibility location along Hillsborough Road (±17,200 VPD)
  • Excellent accessibility and exposure in a predominantly retail corridor
  • Majority of building is owner-occupied (Hertz leases a portion on a month-to-month basis)
  • Rare opportunity for owner-users seeking industrial space in a retail setting
  • Subdivision required prior to closing (portion of the existing parcel is part of an adjacent property being retained by the seller)

OVERVIEW

3601 Hillsborough Road offers a rare opportunity to acquire a ±23,286 SF freestanding warehouse building on ±2.22 acres in a high-traffic corridor of Durham, NC. The majority of the building is currently occupied by the owner and used as an automotive service facility. A portion is leased on a month-to-month basis to Hertz for car rental operations. Hertz has expressed interest in renewing their lease, but the owner has intentionally left that option open to provide maximum flexibility for an owner-occupant buyer. What makes this property especially unique is its combination of true industrial utility with excellent visibility/access in a prominent retail corridor - a combination that's increasingly hard to find in infill markets like Durham. While the existing building provides strong functionality and flexibility, the site could also appeal to retail users or developers as a covered land play, given its strong location and frontage.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Cole Mill Rd

LAND ACRES

2.22 AC

LAND SF

96,703 SF

ZONING

IL

APN/PARCEL ID

124824

ASK ABOUT THIS PROPERTY

Seth JerniganSVN | Real Estate AssociatesMore Info
919-287-2121

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Seth JerniganSVN | Real Estate AssociatesMore Info
919-287-2121

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.