DOWNTOWN DURHAM RETAIL SPACE FOR LEASE...• 15,116 SF of street front retail bordering Mangum...

DOWNTOWN DURHAM RETAIL SPACE FOR LEASE

____105 W. MORGAN STREETDURHAM, NC 27701

1001 Wade Avenue, Suite 300, Raleigh, NC 27605trademarkproperties.com • 919.782.5552

COMING SOON: AN INDIAN RESTAURANT & SWEETS BY SHAYDA

105 W. MORGAN STREETDURHAM, NC 27701

The information contained herein was obtained from sources believed reliable; however, TradeMark Properties makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice.

VIJAY K. SHAH, CCIM [email protected] 919.645.1425 direct 919.812.0964 mobile


LEASE RATE$25.00/SF, NNN$3.00/SF TICAM (2020 Est.)

TENANT IMPROVEMENT ALLOWANCE$40.00/SF Cold dark shell delivery

DOWNTOWN DURHAMRETAIL SPACE FOR LEASE

AREA HIGHLIGHTS

• Located in the heart of Downtown Durham

• Walking distance to the hottest attractions including the Durham Bulls Athletic Park, the award winning Durham Performing Arts Center, and numerous well-established local restaurants and bars

• Easy access to US 15-501, NC-147 (Durham Freeway), and the Downtown Durham Loop

• 15 minutes from Raleigh-Durham International Airport, Research Triangle Park, and Chapel Hill

• Strategically located between two of Downtown Durham’s most vibrant districts - City Center and Central Park

• Walk Score: 92 - Walker’s Paradise (www.walkscore.com)

PROPERTY HIGHLIGHTS

• 15,116 SF of street front retail bordering Mangum Street, W. Morgan Street, and Rigsbee Avenue

• Parking deck houses 5,324 SF for the City of Durham Parking Administration

• The mixed-use project consists of 665 parking spaces atop premiere street front retail

• Allocated retail parking will be available for hourly or monthly rates paid to the City of Durham

• Flexible floor plans that can be demised

• Significant outdoor seating opportunities available

• The building’s exterior features artwork from local artists selected by the community

• Grade change allows for ceiling heights with the ability to accommodate a mezzanine level in select spaces

• Shared grease trap on-site

• Owned by the City of Durham






S T R E E T P A R K I N G

STRE E T P

AR

K I NG

STAIRS

STAIRSELEVATOR

S T R E E T P A R K I NG

S T R E E T P A R K I N G

PARKIN

GEN

TRAN

CE

PARKINGENTRANCE

SUITE 104TRANSPORTATION

OFFICE

421 N. MANGUM

ADA RAMP

SUITE 106

SUITE 100 INDIAN

RESTAURANT

LEGENDG = GREASE TRAP

G

G

G

LEASED

G

SUITE 105SWEETS BY

SHAYDA

LEASED SUITE 103

SUITE 102

SUITE 101

SUITE SF AVAILABILITY

100 2,998 SF Indian Restaurant

101 3,383 SF Available


103 883 SF Available

104 5,324 SF City of Durham Transportation Office

105 1,200 SF Sweets By Shayda


421 N. Mangum 971 SF Available






W MORGAN STREET

W MORGAN STREET

RIGSBEE A

VENU

ERIG

SBEE AVEN

UE

MANGUM STREETMANGUM STREET

CITY OF DURHAM OFFICES

SUITE 1064,000 SF

SUITE 1013,383 SF

SUITE 1021,681 SF

SUITE 103883 SF

NN





CITY OF DURHAM

Consistent with the its strategic plan, it is the policy of the City of Durham to provide equal opportunities for underutilized firms owned by minorities and women doing business in the City’s contracting marketplace. The Office of Economic and Workforce Development may provide economic development incentives to eligible projects that support and assist in the creation, retention or expansion of businesses in Durham and broaden employment opportunities for residents throughout the city.

1 MILE 3 MILES 5 MILES

Estimated Population (2018) 16,092 101,753 191,828

Estimated Total Businesses (2018) 1,451 5,670 8,679

Estimated Daytime Population (2018) 28,807 140,892 228,286

Average Household Income (2018) $50,287 $56,832 $69,257

DEMOGRAPHICS






9

12

43

87

6

19

20

21

22

24

25

27

26

SITESITEW. MORGAN STREET

W. MORGAN STREET

US

70 N. MANGUM S

TREET

N. MANGUM S

TREET

DURHAM FREEWAY

DURHAM FREEWAY

S. M

ANG

UM

STR

EET

S. M

ANG

UM

STR

EET

RIGSBEE AVENUE

RIGSBEE AVENUE

RAMSEUR STREET

RAMSEUR STREET10,000 AADT

10,000 AADT

64,000 AADT64,000 AADT

523

RESTAURANTS & BARS1 Dashi2 Rue Cler3 Fullsteam Brewery4 The Pit5 Gonza Tacos y Tequila6 Mellow Mushroom7 Moe’s Southwest Grill8 Tobacco Road Sports Cafe

HOTELS9 Aloft Durham Downtown - 134 rooms

10 21c Museum Hotel - 91 rooms w/ retail11 Marriott City Center Hotel - 190 rooms12 The Durham Hotel - 53 rooms with w/ retail

ATTRACTIONS13 Durham Yoga Company14 Historic Durham Athletic Park15 Durham Convention Center16 Durham Performing Arts Center (DPAC)17 Durham Bulls Athletic Park18 American Tobacco Campus19 American Tobacco Amphitheater20 American Tobacco Future Campus

OFFICE, RESIDENTIAL & MIXED-USE21 Whetstone Apartments - 204 residential units

22 West Village - 609 residential units and 104,000 SF office and retail space

23 Durham Innovation District (Durham ID)

24 Liberty Warehouse Apartments - 264 residential units with ground floor retail

25 One City Center - 139 residential units and over 130,000 SF of office space with ground floor retail

26 555 Mangum - 400 residential units and 240,000 SF of Class A office and ground floor retail

27 The Mark at Durham One - 305 residential units

18

17

16

15

14

13

11

10

12

FOSTER STREET

FOSTER STREET

BLACKWELL STREET

BLACKWELL STREET

ROXB

ORO

STR

EET

ROXB

ORO

STR

EET

147

147

PETTIGREW STREET

PETTIGREW STREET






BEST CITIES FOR MILLENNIALS IN THE U.S.

-Growella

#1

CITIES WHERE A PAYCHECK STRETCHES THE FARTHEST

-Forbes

#3FOODIEST SMALL TOWN

-Bon Appetite

#1

MOST EDUCATED CITIES IN NC

-Yahoo Finance

#1TOP UP AND COMING TECH HOTSPOTS

-Livability.Com

#4

AMERICA’S LEADING CREATIVE CLASS METROS

- CityLab.Com

#1

AMERICA’S FASTEST GROWING METRO AREAS

- Forbes.Com

#2

BEST PLACES FOR BLACK OWNED BUSINESSES

-NerdWallet

#5

2018’S BEST LARGE CITIES TO START A BUSINESS

-WalletHub.Com

#5


DOWNTOWN DURHAM RETAIL SPACE FOR LEASE...• 15,116 SF of street front retail bordering Mangum...

Documents

Transcript of DOWNTOWN DURHAM RETAIL SPACE FOR LEASE...• 15,116 SF of street front retail bordering Mangum...