Licensed North Carolina Real Estate Broker — Affiliated with G Brokerage

Sell Your Commercial Property in Durham, NC

Durham's transformation from a tobacco manufacturing city into a nationally recognized innovation hub has fundamentally reshaped its commercial real estate landscape. The American Tobacco Campus, Duke University's expanding research footprint, and a surge of biotech and healthcare companies have created a market where well-positioned commercial properties attract sophisticated buyers from across the country. Whether you own warehouse space being eyed for adaptive reuse, a medical office near Duke Hospital, or a retail property in the revitalized downtown, Durham's growth trajectory puts sellers in a strong negotiating position.

No upfront feesConfidential process$500K - $10M+ properties
2x
Dual Expertise
Business broker + CRE advisor. Most brokers only do one.
90
Day Avg. to Offer
Well-priced properties with strong financials attract fast offers.
$0
Upfront Cost
Success-based fees only. You pay nothing until your property sells.
Market Intelligence

Durham Commercial Real Estate Market

Durham's commercial real estate market has undergone a dramatic transformation over the past decade, driven by Duke University's $12 billion economic impact, the expansion of biotech and pharmaceutical companies, and a cultural renaissance that has made downtown Durham one of the most vibrant in the Southeast. The city's innovation ecosystem — spanning Duke's research campus, the American Tobacco Historic District, and a growing cluster of venture-backed startups — creates differentiated demand that distinguishes Durham from typical mid-size markets.

Industrial properties in Durham face strong demand from two directions: traditional warehouse and distribution tenants along I-85 and NC-147, and creative/adaptive reuse developers converting legacy manufacturing space into office, lab, and mixed-use projects. This dual demand compresses vacancy and creates pricing opportunities for sellers, particularly those owning properties with architectural character or proximity to Duke's campus. Retail along Ninth Street, Brightleaf Square, and the expanding South Durham corridor benefits from a highly educated, high-spending population.

The convergence of Duke Health's expansion, biotech company growth, and startup activity has made Durham's medical office and life sciences real estate among the most competitive asset classes in the Triangle. Properties near Duke Hospital, the Durham VA Medical Center, or the Research Triangle Park periphery attract national healthcare REITs and institutional investors. For sellers across all asset classes, Durham's story — a city reinventing itself around innovation — resonates powerfully with buyers seeking long-term growth exposure.

310,000+
Population
2.0% annually
Annual Growth
62000
Median Income
0.033
Unemployment
Major Employers: Duke University, Duke Health, IBM, Fidelity Investments, IQVIA
Economic Drivers: Healthcare, Biotech, Technology, Education, Arts & Culture
What's Selling

Top Property Types in Durham

01

Office & Life Sciences

Durham's proximity to Duke University and Research Triangle Park creates unique demand for life sciences, lab, and flex space that few mid-size markets can match. Biotech firms, pharmaceutical companies, and university research spinoffs compete for properties that can accommodate specialized laboratory buildouts. Buildings with appropriate HVAC, power infrastructure, and loading dock access command significant premiums, particularly within a 10-minute drive of Duke's campus.

02

Retail & Restaurant

Duke Health System is the largest employer in Durham, and its ongoing expansion drives sustained demand for medical office space throughout the city. Properties within the Duke Hospital campus orbit — including Erwin Road, Trent Drive, and the growing Southpoint medical corridor — benefit from captive physician demand and Duke's referral network. Multi-specialty medical buildings with long-term leases attract both local investors and national healthcare REITs.

03

Industrial & Flex

Durham's cultural renaissance has made its downtown and surrounding neighborhoods — Ninth Street, Brightleaf, American Tobacco, and Walltown — highly attractive for retail and restaurant investment. The city's educated, affluent population supports independent restaurants, specialty retail, and experiential concepts that generate premium rents. Adaptive reuse properties in historic buildings command particular buyer interest, combining architectural character with walkable urban locations.

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Market Data

Durham Cap Rate Ranges

Property TypeTypical Cap Rate
Industrial5.5% - 7.5%
Retail5.5% - 8.0%
Office6.0% - 8.5%
Mixed-Use5.5% - 7.5%
NNN Lease4.5% - 6.5%

Cap rates in Durham reflect strong demand driven by Duke University, healthcare, and the life sciences sector. Downtown properties command premium pricing.

Your Advisor

Why Durham Property Owners Work With John Salony

Dual Expertise

Most CRE agents don't understand business valuations. Most business brokers don't do real estate. John does both, giving you a complete picture of your property's value.

No Wasted Time

Pre-qualified buyers. Realistic pricing from day one. Clean financials and marketing materials that attract serious offers, not tire-kickers.

Confidential Process

Your tenants, employees, and competitors won't know you're selling until you're ready. Every step is managed with discretion.

Success-Based Fee

You pay nothing upfront. John's fee is earned only when your property sells. Your interests are fully aligned.

Common Questions

Selling Commercial Property in Durham

Office and life sciences properties lead Durham's market, followed by downtown retail and restaurant space. Mixed-use developments near American Tobacco and the Durham Bulls Athletic Park also attract investor interest.
Most commercial property sales in Durham take 3 to 9 months from listing to closing. Downtown and Duke-adjacent properties often attract competitive offers from multiple buyers.
Durham's cap rates reflect the city's emergence as an innovation economy hub. Life sciences and flex properties trade at 5.5% to 7.0%, with Duke-adjacent locations at the tighter end. Medical office ranges from 5.5% to 7.0%, driven by Duke Health's expansion. Downtown retail in high-traffic areas like Ninth Street trades at 5.0% to 7.0%. Industrial along I-85 ranges from 6.0% to 7.5%. General office varies significantly based on proximity to Duke and downtown amenities.
Yes — Durham's buyer pool includes private equity firms, healthcare systems, and university-affiliated entities that frequently acquire both businesses and real estate in combined transactions. This is particularly common with medical practices, laboratory services, and food service businesses near Duke's campus. John Salony structures these combined deals with sale-leaseback options that let you extract real estate value while maintaining business continuity.
Durham's innovation economy is accelerating. Duke University continues expanding its research campus, biotech companies are leasing space faster than developers can build it, and the downtown cultural scene attracts national media attention that brings new residents and businesses. Commercial property values have appreciated meaningfully over the past five years, and the market's growth trajectory suggests continued strength. A confidential consultation will give you a clear picture of your Durham property's current value and optimal timing for a sale.
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Licensed NC Real Estate Broker #302735 | Affiliated with G Brokerage Commercial Real Estate Inc.
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