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111 W Main St 896 - 4,137 SF of Office/Retail Space Available in Durham, NC 27701
HIGHLIGHTS
- Vibrant location in the heart of Downtown Durham
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Basement, Ste 001 | 2,291 SF | 1 Year | $20.00 /SF/YR $1.67 /SF/MO $45,820 /YR $3,818 /MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 200 | 896-1,846 SF | 1 Year | $25.00 /SF/YR $2.08 /SF/MO $46,150 /YR $3,846 /MO | Triple Net (NNN) |
Basement, Ste 001
Open basement with one large office and restroom.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
2nd Floor, Ste 200
Office space with five private offices, two restrooms and panoramic windows overlooking W Main St.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Open Floor Plan Layout
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 4,137 SF | Gross Leasable Area | 7,374 SF |
| Min. Divisible | 896 SF | Year Built | 1893 |
| Property Type | Retail | Parking Ratio | 0.81/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 4,137 SF |
| Min. Divisible | 896 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,374 SF |
| Year Built | 1893 |
| Parking Ratio | 0.81/1,000 SF |
ABOUT THE PROPERTY
Vibrant location in the heart of Downtown Durham with one of the district's most recognizable historic facades. Currently built out as office (open space, private offices, and conference rooms) but C3 zoning allows for a variety of uses. Monthly parking is available directly behind the building in city lot. Basement suite features open floorplan with private restroom and shower, perfect for a fitness business or similar.
- 24 Hour Access
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
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111 W Main St
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