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Investment Highlights
- Built in 1986, the buildings were renovated in 2011 and include a waiting area with private offices, garage/shop space, and 11 roll-up doors
- Direct access to US 70 with close proximity to I-85/I-885, connecting to downtown Durham and RTP
- Gas-pack heat or oil can be used by both tenants
- Front half of the property is zoned CG - upon adoption of the new Land Development Code (LDC), the entire property is proposed to be rezoned CH
Executive Summary
The property located at 1426 S. Miami Boulevard is a ±2.40-acre site with two commercial buildings, totaling ±22,998 SF. The improvements are utilized as automotive sales and service centers, Moaven Automotive and Gerber Collision & Glass. This sale also includes 1500 S. Miami Blvd, a ±0.2-acre fenced parking lot.
Property Facts
| Price | $8,147,205 CAD | Number of Properties | 2 |
| Price / SF | $354.26 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 22,998 SF |
| Status | Active | Total Land Area | 2.04 AC |
| Price | $8,147,205 CAD |
| Price / SF | $354.26 CAD / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 22,998 SF |
| Total Land Area | 2.04 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1500 S Miami Blvd, Durham, NC 27703 | Land | 0.20 AC | - | - |
|
Building 2
1426 S Miami Blvd, Durham, NC 27703 |
Retail | 22,998 SF | 1986 | - |
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1426 & 1500 S. Miami Boulevard
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