PHDevelopers acquired the retail building located at 4010 Durham Chapel Hill Blvd. in Durham, NC, from a private investor for $1.73 million, or nearly $250 per square foot.
The former O'Charley’s restaurant location is scheduled to be demolished later this year.
Bill Boyd of Boyd Brokerage Associates represented the seller.
Please CoStar COMPS #3059954 for more information on this transaction.