Power Center

New Hope Commons (Durham, NC)

New Hope Commons (Durham, NC) is a 466,910 SF Power Center at Chapel Hill Blvd. & I-40, Durham, NC, USA, owned by Kimco Realty Corporation, with 19 tenants including Walmart USA, Ashley Furniture Industries Inc, and Going Going Gone!. In the last 24 months it recorded 2 openings and 2 closings. The 10-minute drive-time population is 42,454 with a median household income of $81,807, according to Brandmarch.

Open-air·19 stores across 466,910 SF·Chapel Hill Blvd. & I-40, Durham, NC, USA·Website

Recent Activity in Last 24 months

Dates shown here are when each event was detected. Actual event may have occurred up to 30 days earlier. Next digest sends Sunday.

Opened
Going Going Gone!5422 New Hope Commons Drive
Opened ~Oct 2025
Closed
Dick's Sporting Goods5422 New Hope Commons Drive
Closed ~Sep 2025
Closed
Spirit Halloween5402 New Hope Commons Drive · Ii
Closed ~Aug 2025

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Locations · Growth Trajectory

No change since Q4 2024

Steady tenants · 2 opens, 2 closes

About New Hope Commons (Durham, NC)

New Hope Commons is a 408,065 SF power shopping center in Durham, NC near Chapel Hill and I-40, owned and managed by Kimco Realty. The center features major retailers including Walmart Supercenter, Best Buy, Barnes & Noble, Marshalls, and Michaels, serving the affluent Durham-Chapel Hill market with 49,500 VPD on Durham-Chapel Hill Boulevard.

Owners

Kimco Realty Corporation

Demographics

Property Report

A ready-to-share PDF covering the market and similar centers nearby, trade area demographics and segments, key tenants and brand mix, recent openings and closings with nearby activity, and leasing contacts. Add a comparison to include a page against a brand or another property.

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News

Tenant Mix by Category

19 brands across 16 categories

Clothing - Family/Unisex
3 (15.8%)
Discount Stores
2 (10.5%)
Communications
1 (5.3%)
Computers + Consumer Electronics
1 (5.3%)
Cosmetics + Beauty Supplies
1 (5.3%)
Crafts, Toys, and Hobbies
1 (5.3%)
Furnishings
1 (5.3%)
Mass Merchant
1 (5.3%)
Restaurant - Casual
1 (5.3%)
Restaurant - Fast Casual
1 (5.3%)
Restaurant - QSR/Fast Food
1 (5.3%)
Sports + Recreation
1 (5.3%)
Tax Services
1 (5.3%)
Books
1 (5.3%)
Vitamins, Nutrition, and Supplements
1 (5.3%)
Clothing - Mens
1 (5.3%)

All Tenants

Walmart USA
Walmart USA
Mass MerchantN/A
Ashley Furniture Industries Inc
Ashley Furniture Industries Inc
FurnishingsN/A
Go
Going Going Gone!
Sports + RecreationNov 2025
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See the full tenant roster and category breakdown

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