Berkeley Capital Advisors - Property Details

Rob Carter
704.379.1982 Office
704.379.1988 Fax
carter@berkeleycap.com

Alex Quarrier
704.714.2365 Office
704.379.1988 Fax
quarrier@berkeleycap.com

David Webb
704.379.1967 Office
704.379.1988 Fax
webb@berkeleycap.com

Oxford Commons

OFFERING SUMMARY

Berkeley Capital Advisors is very pleased to present this offering summary for Oxford Commons. The 208,484 SF shopping center is Food Lion anchored and located in Durham, North Carolina. The Center boasts a recent Food Lion renovation, 5 access points from 4 different streets and is located less than one mile from two different Durham hospitals.

SUBMARKET OVERVIEW

Durham is the 5th largest city in North Carolina and is the county seat of Durham County. It is home to the University of North Carolina and Duke University. Within a 5 mile radius around the Center the 2010 population estimate was 129,355.

DEMOGRAPHICS

	1 mile	3 mile	5 mile
2015 Population Projection	5,938	49,035	138,489
2010 Estimate	5,493	45,806	129,355
Growth 2010-2015	8.10%	7.05%	7.06%
Growth 2000-2010	14.75%	11.28%	12.32%
2010 Average Household Income	$41,803	$47,382	$50,004

OFFERING MEMORANDUM & FILES

The offering memorandum and other files for this property requires that you complete a simple onetime registration. Please start by entering your email address

Map/Directions

Name:

Oxford Commons

Size:

208,484 SF

Address:

3500 North Roxboro Street

Market:

Durham, North Carolina

Year Delivered:

1990

Parking:

871 Spaces

Land Size:

26.9 Acres

Anchors:

Food Lion and Burlington Coat Factory

Pro Forma NOI:

$965,415

Existing NOI:

$682,520

Anchor Tenants

Lease Expiration

Square Feet

Food Lion

10/19/2015

30,690

Burlington Coat Factory

08/31/2017

79,454

NET OPERATING INCOME

$682,520

CAP RATE

OFFERING PRICE

Unpriced

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