Family Office Briefing on research byLee & Associates·Jan 28, 2025
2024 Q4 Durham, NC - Retail
Durham retail market experiences declining net absorption and rising vacancy in Q4 2024 — family offices should consider co-GP opportunities with disciplined operators.
Retail2024
Key Metrics
| Metric | Value |
|---|---|
| Net Absorption | -83,224SF |
| Vacancy Rate | 2.28% |
| Average NNN Asking Rate | $24.91PSF |
| Sale Price | $247PSF |
| Cap Rate | 8.33% |
| Under Construction | 217,770SF |
Metrics extracted from the source report and independently fact-checked. Method →
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