Durham, NC – April 17, 2026 – Orion Investment Real Estate is pleased to announce the successful sale of NAPA Auto, a single-tenant, net-leased retail property located at 3785 Guess Road in Durham, North Carolina 27705. The ±8,001-square-foot building, situated on approximately ±51,401 square feet of land, sold for $1,470,000 to Skate Investments NC, LLC.
The seller of the property was Ventures III LLC. Built in 1996, the property is 100 percent occupied by a NAPA Auto Parts on a long term, triple net (NNN) lease, providing a stable income stream with minimal landlord responsibilities. The asset generates an annual net operating income (NOI) of approximately $95,000, offering the buyer an attractive, cash-flowing investment in a strong infill Durham location.
“This was the second NAPA I helped my client purchase in the past two years,” Miner said. “My client likes the tenant and the location, which is what attracted them to this property,” Miner continued.
The transaction closed on April 17, 2026. Brian Pfohl with CBRE represented the seller, WAS Ventures III LLC, and Nick Miner, CCIM, with Orion Investment Real Estate represented the
buyer, Skate Investments NC, LLC.
For more information about this sale or to inquire about other opportunities, please contact Nick Miner, CCIM, at ORION Investment Real Estate.
