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Does anyone know when something is going to move in to the old Harris Teeter on Highway 54 in Durham (Homestead Market)? I walked over for lunch at the Mediterranean restaurant today and when I saw the old sign in the window saying Harris Teeter would be closing, I hadn't realized it's already been three years that it's vacant! Isn't this odd to have no action after all this time?
Publix: (perhaps the most obvious guess) would fit almost perfectly in this spot. It's also across the street from a Kroger that does pretty good.
If Publix gets this building, they're likely going to gut it or tear it down
Lowe's Foods: (see description for Publix) although I think it would be a little less likely than Publix since they never invested much in Durham stores even when they were here.
Whole Foods: I don't know what metrics they use, but they could use a second Durham location here. Only thing is, it's about halfway between the (soon to open) West Cary store and the Chapel Hill store. It would also be odd seeing a Whole Foods and a Roses in the same shopping center.
Walmart Neighborhood Market: Because they'll try to put them anywhere, even if it doesn't make any sense location wise. It's a little oversized compared to the stores built from scratch, but it's still workable.
Non-Grocery:
Planet Fitness:
This particular chain likes to subdivide old supermarkets. As a matter of fact, the location that opened at Northgate is also in part of an old HT. If not, I can see another gym opening up here or Fitness World relocating from next door.
Hobby Lobby
It would be slightly undersized compared to a store that is scratch built, but Hobby Lobby is another chain that likes to set up shop in vacant supermarket spaces. Michael's is the only other artstore in the immediate are, so I can see Hobby Lobby siphoning business from them.
IMO, a few things that work against the spot at Homestead Market are (relative) lack of visibility, and the terribly lit parking lot (Not necessarily a fan of Sodium Vapor lights being used at a shopping center)
Off topic: Anyone remember when A&W used to be next-door to the old HT, or when McDonald's used to be at Woodcroft where KFC/Taco Bell are at now. ECKERD was also next-door, but closed shortly after the locations at 54/751 and Fayetteville/Woodcroft opened.
Does anyone know when something is going to move in to the old Harris Teeter on Highway 54 in Durham (Homestead Market)? I walked over for lunch at the Mediterranean restaurant today and when I saw the old sign in the window saying Harris Teeter would be closing, I hadn't realized it's already been three years that it's vacant! Isn't this odd to have no action after all this time?
Publix: (perhaps the most obvious guess) would fit almost perfectly in this spot. It's also across the street from a Kroger that does pretty good.
If Publix gets this building, they're likely going to gut it or tear it down
Walmart Neighborhood Market: Because they'll try to put them anywhere, even if it doesn't make any sense location wise. It's a little oversized compared to the stores built from scratch, but it's still workable.
Non-Grocery:
Hobby Lobby
It would be slightly undersized compared to a store that is scratch built, but Hobby Lobby is another chain that likes to set up shop in vacant supermarket spaces. Michael's is the only other artstore in the immediate are, so I can see Hobby Lobby siphoning business from them.
Aa far as I know, Walmart and Publix have always built their stores new from the ground up. The building seems ripe for a Hobby Lobby to me.
Publix: (perhaps the most obvious guess) would fit almost perfectly in this spot. It's also across the street from a Kroger that does pretty good.
If Publix gets this building, they're likely going to gut it or tear it down
Lowe's Foods: (see description for Publix) although I think it would be a little less likely than Publix since they never invested much in Durham stores even when they were here.
Whole Foods: I don't know what metrics they use, but they could use a second Durham location here. Only thing is, it's about halfway between the (soon to open) West Cary store and the Chapel Hill store. It would also be odd seeing a Whole Foods and a Roses in the same shopping center.
Walmart Neighborhood Market: Because they'll try to put them anywhere, even if it doesn't make any sense location wise. It's a little oversized compared to the stores built from scratch, but it's still workable.
Random theory time...
I don't think you'll see a grocer in that space anytime soon. It'll likely be a non-grocer tenant if anything. I have the sneaking suspicion that Harris Teeter (or its parent Kroger) are still riding out the old lease on the vacant space and have just not cared enough or found a takeover tenant for it. Since Kroger is across the street and the company owns a Harris Teeter down the road, they don't really need (want) another grocer there.
When the HT moved down the street they could have done the numbers or their old lease on the vacant space could have been structured in a way that afforded them the means to do this, which appeased the overall landlord.
It's my running theory anyways. I could be 100% wrong.
Not exactly. That store opened in 2008. This store closed in 2014. It was closed following Kroger's purchase of Harris Teeter because it is across the street from a Kroger.
I don't think you'll see a grocer in that space anytime soon. It'll likely be a non-grocer tenant if anything. I have the sneaking suspicion that Harris Teeter (or its parent Kroger) are still riding out the old lease on the vacant space and have just not cared enough or found a takeover tenant for it. Since Kroger is across the street and the company owns a Harris Teeter down the road, they don't really need (want) another grocer there.
When the HT moved down the street they could have done the numbers or their old lease on the vacant space could have been structured in a way that afforded them the means to do this, which appeased the overall landlord.
It's my running theory anyways. I could be 100% wrong.
Aa far as I know, Walmart and Publix have always built their stores new from the ground up. The building seems ripe for a Hobby Lobby to me.
Publix can either build new stores from the ground up, or they can gut existing buildings and renovate the interior to their standards. They've done this with a couple of Bi-Lo stores in Charlotte, and also the former Lowe's Foods in Cary
2/3 of the Walmart Neighborhood Markets in this area were previously occupied by another Supermarket. The third store was originally supposed to be a supermarket as well, but the supermarket left the market before the store even finished construction.
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