Danziger_Property for Sale
Danziger_Property for Sale
3425 Southwest Durham Drive, Durham, NC, 27707, US

Danziger

Asset Description

Jones Lang LaSalle, a North Carolina licensed real estate broker, has been retained as the exclusive sales representative for The Danziger Multifamily Tract (the “Property” or “Site”), a 13.89-acre development opportunity located in the South Durham, 15-501 Corridor. Situated directly adjacent to power center Patterson Place anchored by Duke Medical Plaza, the property offers walkable access to restaurants, shops, and more. The site is less than a mile from the interchange of the prominent thoroughfares of I-40 and US 15-501 providing excellent accessibility to the burgeoning South Durham submarket as well as major grocer’s Wegmans, Whole Foods, Trader Joe’s, Target and Sam’s Club all within 3 miles. Given its positioning along 15-501, the site is 12 minutes to the Research Triangle, a high-tech research and development hub that is home to over 60,000 employees. The Property qualifies for unlimited maximum units/acre due to the Affordable Housing Dwelling Units density bonus, which provides a valuable opportunity for a developer to establish a strong presence in one of the Triangle’s hottest corridors.

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Attributes

Land area gross
13.89 acres

Media

Investment Highlights

  • Immediate Connectivity to 15-501 and Interstate 40
  • Walkable to restaurants, shops, and more
  • Minutes from Numerous Major Grocers
  • No Maximum Units/Acre with Affordable Housing Dwelling Units Density Bonus
  • High Demand Multifamily Corridor

Contact brokers

Danziger (0 Properties)

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Last updated
16 Apr 2024