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For Sale

1426 & 1500 S. Miami Blvd, 1408 Marly Drive, Durham, NC for sale

1426 & 1500 S. Miami Blvd, 1408 Marly Drive,
Durham, NC 27703

Asset Snapshot

Offering Summary

Investment Overview

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.


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
  • Gas-pack heat or oil can be used by both tenants
  • Direct access to US 70 with close proximity to I-85/I-885, connecting to downtown Durham and RTP
  • The front half of the property is currently zoned CG - upon adoption of the new Land Development Code (LDC), the entire property is proposed to be rezoned CH

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Listing Syndicated From

Buildout
For Sale
$5,225,000
Asking Price