5412 S Miami Blvd - Auto Repair FOR SALE


Durham, NC 27703- RTP
$2,650,742 USD
919-576-2501
5412 S Miami Blvd, Durham, NC for Sale
$2,650,742 USD
Auto Repair - FOR SALE
1/3
null | 6.2% Cap Rate

5412 S Miami Blvd
Durham, NC 27703
RTP


HIGHLIGHTS

  • Direct Research Triangle Park adjacency — positioned at the doorstep of one of the nation's largest research and employment hubs
  • Strong corridor visibility on S Miami Boulevard — ±18,500 VPD with proximity to I-40/I-540, RDU Airport, and the Imperial Center business park
  • NNN lease through 2033 with 3% annual escalations — ~7 years remaining plus three 5-year renewal options
  • PE-backed tenant platform — Atlantic Tire operates within Goodturn Tire & Auto (~70 locations / ~35 brands), backed by Garnett Station Partners
  • E-commerce-resistant, essential-service use — needs-based automotive service
  • High-growth Durham life-sciences market — fueled by RTP, biotech expansion, and major employers (Duke, IQVIA, Biogen, Fidelity)

OVERVIEW

A 6,534 SF facility on a 1.75-acre parcel, producing $164,346 in base rent effective July 17, 2026 ($25.15/SF). Priced at $2,650,742, reflecting a 6.20% CAP rate, the asset offers inflation-resistant income through 3% annual escalations and strong positioning near one of the nation’s premier research and employment hubs. The site’s generous land area and corridor visibility add long-term flexibility and value. The property sits along S Miami Boulevard, a heavily traveled commercial corridor carrying approximately 18,500 vehicles per day, immediately adjacent to Research Triangle Park. The location draws significant daytime population and commuter traffic from one of the country’s largest concentrations of research and technology employment. Durham’s ongoing economic and population growth — fueled by RTP, life sciences expansion, and downtown redevelopment — continues to drive commercial demand along the corridor.

FOR SALE DETAILS

PRICE

$2,650,742 USD

PRICE/SF

$485 USD /SF

CAP RATE

6.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

CROSS STREETS

NC-54 Hwy

LAND ACRES

1.75 AC

LAND SF

76,230 SF

ZONING

CC

APN/PARCEL ID

197521

ASK ABOUT THIS PROPERTY

Moss WithersLee & AssociatesMore Info
919-576-2501

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Moss WithersLee & AssociatesMore Info
919-576-2501

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