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1823 MARTIN LUTHER KING JR PARKWAY | DURHAM, NC 27707 FOR LEASE Commons at University Place © 2019 CB Richard Ellis-Raleigh, LLC, a Delaware limited liability company. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CONTACT US Tiffany Barrier, CCIM Senior Vice President +1 919 831 8257 [email protected] Matt Larson Senior Vice President +1 919 831 8268 [email protected]

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  • 1823 MARTIN LUTHER KING JR PARKWAY | DURHAM, NC 27707

    FOR LEASE

    Commons at University Place

    © 2019 CB Richard Ellis-Raleigh, LLC, a Delaware limited liability company. This information has been obtained from sources believed reliable. We have not verified it and make no

    guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation

    of the property to determine to your satisfaction the suitability of the property for your needs.

    CONTACT US

    Tiffany Barrier, CCIM

    Senior Vice President+1 919 831 [email protected]

    Matt Larson

    Senior Vice President+1 919 831 [email protected]

  • 1823 MARTIN LUTHER KING JR PARKWAY | DURHAM, NC 27707

    FOR LEASE

    Commons at University Place

    PROPERTY OVERVIEW

    Commons at University Place has recently undergone a significant renovation including improved monument and tenant signage, upgraded façade, interior and exterior renovations to Harris Teeter, and the planned addition of a Harris Teeter gas station. These extensive renovations, and Harris Teeter’s long term commitment to the property, provide a premier neighborhood destination in the South Durham market.

    + Strategically centered three miles from both I-40 and Duke University

    + High surrounding daytime population

    + Prime retail node with easy access to I-85 and strong surrounding demographics

    2018 Demographics

    1 Mile 3 Miles 5 Miles

    Population 9,445 60,837 178,491

    Households 4,498 26,159 75,373

    Average HH Income $68,468 $92,156 $81,887

    Daytime Population 14,315 58,111 220,979

  • 1823 MARTIN LUTHER KING JR PARKWAY | DURHAM, NC 27707

    FOR LEASE

    Commons at University Place

    Suite # Tenant SF

    1813 Randy’s Place 1,3491815 Supercuts 1,3001817 Harris Teeter 57,851

    1821-A Hand & Stone Spa 4,6751821-B Avance Primary Care 4,6851827 Natural Nail Salon 1,3001829 Cookie Cutters 1,3001833 Bruegger’s Bagels 2,6491835 Jersey Mike’s 1,3491837 AVAILABLE 1,3001839 Jumbo China 1,3001841 Orangetheory Fitness 2,649

    TOTAL 81,707 SF

    Fuel Station(Under

    Construction)

    1821-A 1821-B

  • 1823 MARTIN LUTHER KING JR PARKWAY | DURHAM, NC 27707

    FOR LEASE

    Commons at University Place

    © 2016 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified byeither CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such stepsas the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced. Layout ID:L07 MapId:4207684

    COMMONS AT UNIVERSITY PLACE DURHAM, NC

    New Hope Commons

    Oakcreek Village

    Patterson Place

    Parkway PlazaUniversity Hill

    46,000 C

    PD

    Hope Valley

    23,000 CPD

    55,00

    0 CPD

    Commons at University Place

    South Square