At one new Wal-Mart, there are signs proclaiming a forthcoming grand opening, just past the middle of June.
At another, older store, all signs point to closure, and a large hole looming inside an aging shopping center.
First, the new store: the Wal-Mart SuperCenter under construction off of I-85 at Glenn School Road now has an opening date of June 17 listed in signs posted to its door. Hiring for the store continues in an adjacent retail pad within the newly-constructed strip center.
On the flip side, the closure of the Roxboro Rd. Wal-Mart is apparently a done deal, as has been hinted at for a while (including comments on the last post we had on the subject, in which Durham blogger Joe noted some signs directing customers to Glenn School Rd.)
If you've been itching for a chance to open a big box retail store where a Wal-Mart used to be, the 120,000 sq. ft. site where Wal-Mart sits today right next to Durham Regional Hospital is on the market for just $2.95 million. From the LoopNet property description:
The property provides a unique opportunity for an investor or end-user to acquire an infill big box property with high barriers to entry adjacent to a regional shopping center and Durham Regional Hospital.
For what it's worth, the Wal-Mart strip center, which has found itself looking rather tired and dated, was only built in 1990. While there are some creative efforts to repurpose these large, windowless spaces -- from courthouses to libraries to go-kart tracks -- the typical meme is for one of these suckers to sit vacant for as long as it takes for the rest of the center to go bust, then to tear the whole darned thing back down and start over again.