3601 Hillsborough Road

For Sale

3601 Hillsborough Road, Durham, NC 27705

This Durham property for sale is located at 3601 Hillsborough Road. Contact the listing broker for details on the current sale price for 3601 Hillsborough Road. 3601 Hillsborough Road is situated on a lot that is 2.22 acre in size.

Contacts

broker
Seth Jernigan, CCIM

SVN | Real Estate Associates

Property Details

  • Property Type Retail
  • Property Size 23,286 SF
  • Units 2
  • Lot Size 2.22 Acre
  • Date Updated Jun 2, 2025
This location is prime for retail and vehicle-related investors. Situated in the heart of Durham, NC, this area offers easy access to Duke University and Duke University Hospital, with quick access to US 15-501 and NC-147 (Durham Freeway). With local businesses, diverse dining options, and convenient access to major roads, this area presents a compelling investment opportunity for retail and vehicle-related ventures.3601 Hillsborough Road offers a rare opportunity to acquire a ±23,286 square foot freestanding warehouse building on approximately 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. Zoned IL (Industrial Light), the building is well suited for a wide range of industrial and commercial uses, including automotive, distribution, service trade, flex/showroom, or contractor operations. What makes this property especially unique is its combination of true industrial utility with excellent visibility and 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 location and frontage. The site will need to be subdivided prior to closing, as a portion of the existing parcel is part of an adjacent property being retained by the seller.
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Highlights

  • Excellent accessibility and exposure in a predominantly retail corridor
  • Hertz lease could be renewed for investment income or terminated for full owner occupancy
  • High-visibility location along Hillsborough Rd with strong traffic counts
  • 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, subject to buyer and seller approval
  • Surrounded by national retailers and service businesses
  • Zoned IL (Industrial Light) – flexible for warehouse, flex, service, and automotive uses

Getting around

  • 49/100

    Walk Score ®

  • 31/100

    Transit Score ®

  • 43/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Durham, NC
  • Neighborhood Waterford
  • Zip Code 27705
  • Market Raleigh Durham

Points of Interest

  • Durham

    3.19 miles

  • Red Ride Shuttle

    9.96 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Seth Jernigan, CCIM

SVN | Real Estate Associates

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