901 E Trinity Ave - Auto Repair FOR SALE


Durham, NC 27701- Northeast Durham
$650,000 USD
919-302-3298
901 E Trinity Ave, Durham, NC for Sale
$650,000 USD
Auto Repair - FOR SALE
1/8
null | 9.46% Cap Rate

901 E Trinity Ave
Durham, NC 27701
Northeast Durham


HIGHLIGHTS

  • Tenant paying $5,500/month on a 5-year NN lease.
  • Prime high-traffic location with excellent visibility and access.

OVERVIEW

Exceptional investment opportunity in Durham’s growing commercial market. The property is leased to an auto body shop tenant under a 5-year lease generating $5,500/month ($66,000 annually) with 3% annual rent increases. Tenant is responsible for utilities, landscaping, janitorial, trash service, and general day-to-day maintenance, while the landlord maintains responsibility for major structural components including the roof, foundation, and exterior walls. Automotive and light industrial properties remain in high demand throughout Durham, making this a strong cash-flow opportunity with long-term upside potential. Automotive and light industrial properties remain in high demand throughout Durham, making this a strong cash-flow opportunity with long-term upside potential. Buyer to verify all information. There is a fence encroachment located along the right side of the property, which the seller is willing to relocate. Additionally, there is a storage structure located at the rear of the property that encroaches onto adjacent city property. To the seller’s knowledge, there have been no issues with the city or neighboring properties regarding these items. The pavement was installed by the seller without a permit, resulting in an estimated cost savings of approximately $45,000. Per seller, no permit was required for the paving work completed.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

9.46%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

901 E Trinity Ave, Durham, NC, 27704

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Dealership, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

CROSS STREETS

Avondale Dr

LAND ACRES

0.23 AC

LAND SF

10,193 SF

ZONING

LI

APN/PARCEL ID

109698

ASK ABOUT THIS PROPERTY

Pat FlanaganCentury 21 Commercial Triangle GroupMore Info
919-302-3298

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Pat FlanaganCentury 21 Commercial Triangle GroupMore Info
919-302-3298

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