Parkway Plaza

For Lease

4215 University Drive, Durham, NC 27707

You can currently find 1 retail space(s) available for lease at Parkway Plaza. Designated use type for space listed here includes retail.

Space Available For Lease 1

Contacts

broker

Jimmy Conder, Leasing Agent

Rivercrest Realty

(919) 926-3115

broker

Mike Halloran, Property Manager

(919) 926-3118

Property Details

  • Property Type Retail - Community Center
  • Property Size 163,555 SF
  • Parking Spaces Avail. 782
  • Parking Ratio 4.78 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1983
  • Year Renovated 2009
  • Date Updated Apr 24, 2024
  1 Mile 3 Mile 5 Mile
Population 10,118 64,284 184,647
Avg HH Income ($) 95,871 113,663 108,878


Parkway Plaza is a prime retail center located on University Drive at Martin Luther King (MLK) Parkway in Durham, NC and in a dominant retail area with strong demographics. The market is home to many top-of-category retailers, including Super Target, Petco, Ross Dress for Less, Sam's Club, and Jo-Ann's Fabrics & Crafts. Join a diverse mix of tenants that include At Home, The Fresh Market, Auto Zone, The Athlete's Foot, Sally Beauty, Jimmy Johns and Dollar Tree. Multiple points of ingress and egress provide easy access to the center, which has a signalized entrance across from Westgate Drive.

Located near the intersection of University Drive and Martin Luther King, Jr. Parkway in close proximity to Hwy 15-501 (Durham-Chapel Hill Blvd) & I-40. Traffic counts on University Drive average 10,000 vehicles per day and 11,500 vehicles per day on MLK Jr. Parkway. No internet cafes.

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Highlights

  • Anchors: At Home, The Fresh Market
  • Key Tenants: Dollar Tree AutoZone, Sally Beauty
  • GLA: 161,186 SF
  • Year Built/Renovated 1983/2009
  • Parking Ratio: 4.78/1,000 SF
  • Parking Spaces: 770
  • Average Daily Traffic: 11,390 VPD - MLK Jr Pkwy
  • Average Daily Traffic: 9,411 VPD - University Drive

Attachments

Getting around

  • 62/100

    Walk Score ®

  • 35/100

    Transit Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Durham, NC
  • Neighborhood Valley Run
  • Zip Code 27707

Points of Interest

  • Durham

    3.78 miles

  • Red Ride Shuttle

    7.03 miles

  • Commons at University Place Local Fuel Center

    0.15 miles

  • Sam's Club

    0.40 miles

  • Daniel Bros Exxon

    0.63 miles

  • Hope Valley 66

    0.96 miles

  • John's Auto Service

    0.97 miles

  • BP

    1.01 miles

  • Town-N-Country

    1.06 miles

  • BP

    1.10 miles

  • Fast Food Mart

    1.12 miles

  • Shell

    1.14 miles

  • Patterson Place

    2.01 miles

  • Al Buehler Trail Main Parking

    2.25 miles

  • Science Drive Garage

    2.41 miles

  • Bryan Center Parking Garage

    2.85 miles

  • Nasher Museum Parking Lot

    3.04 miles

  • Duke Circle Parking Deck

    3.24 miles

  • Graduate Center Lot

    3.30 miles

  • H Lot

    3.39 miles

  • South Parking Deck

    3.57 miles

  • Smith Warehouse Parking Lot South

    3.61 miles

  • Twisted Noodles

    0.13 miles

  • Neo China

    0.17 miles

  • Bruegger's Bagels

    0.20 miles

  • Mi Perú Peruvian Cuisine

    0.21 miles

  • Jumbo China

    0.21 miles

  • Jersey Mike's Subs

    0.21 miles

  • El Rodeo Mexican Restaurant

    0.30 miles

  • Burger King

    0.31 miles

  • Cook Out

    0.36 miles

  • Chick-fil-A

    0.39 miles

  • The Fresh Market

    0.01 miles

  • Harris Teeter

    0.19 miles

  • Target

    0.26 miles

  • Ross

    0.28 miles

  • Li Ming's Global Mart

    0.37 miles

  • Spice Bazaar

    0.39 miles

  • Kohl's

    2.06 miles

  • Marshalls

    2.25 miles

  • Walmart Supercenter

    2.36 miles

  • Food Lion

    2.45 miles

4215 University Drive Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    4215 University Drive is located in Valley Run, which is home to a total of 1 listing(s). The rent for retail space at 4215 University Drive is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.

  • The property includes 3,173 square feet of retail space for lease. Of this total, 3,173 square feet are Retail.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    For car-travelling customers, 4215 University Drive has a parking ratio of 4.78 / 1,000 SF, offering 782 parking spaces. The size of the space, the quality of the build, special attributes, as well as overall upkeep and property rating can also influence the going rate. For instance, properties that were renovated or rehabilitated more recently bring greater value to tenants.

    4215 University Drive was last renovated in 2009.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Valley Run is 34. The average household income here is $61,923 per year.

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

Jimmy Conder, Leasing Agent

Rivercrest Realty

(919) 926-3115

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