About the market
Space Available
Located just 5 miles from Downtown Durham and twenty miles from Downtown Raleigh, this mixed-use development is ideally situated between two of the fastest-growing cities in North Carolina.
The site is part of Research Triangle Park, which consists of 11+ million SF of office/research and 7+ million SF of industrial/distribution. With over 264 research companies and more than 50,000 high-tech workers, the local area has quickly become one of the largest newly-developed employment areas in the country.
Road improvements are in place and expected to promote economic development for this area, improving access between Durham, Research Triangle Park and Raleigh-Durham International Airport.
Within 5 miles of the site, there are over 159,000 people with average HHI incomes nearly $90,000. There are several new multifamily and single-family residential developments, with more planned and under construction.
Demographics
2020 Estimated Population
| Radius | Total Population | Daytime Population |
|---|---|---|
| 1 mile | 3,721 | 3,569 |
| 3 mile | 39,153 | 27,317 |
| 5 mile | 159,642 | 92,488 |
2020 Estimated Household Income
| Radius | Average HHI | Median HHI |
|---|---|---|
| 1 mile | $75,471 | $50,476 |
| 3 mile | $79,270 | $67,839 |
| 5 mile | $89,550 | $66,254 |
Contact Us
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