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2nd Floor Suite at 401 E. Chapel Hill Street 401 E Chapel Hill St
3,000 SF of Office Space Available in Durham, NC 27701
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 3,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
2nd Floor
SVN | Real Estate Associates is pleased to offer for lease the second floor suite at 401 E. Chapel Hill Street in downtown Durham, NC. This approximately 3,000 SF space features a beautiful corner presence at the intersection of Rigsbee Avenue and is located above long-established French restaurant, Rue Cler. The space is currently a turnkey office with a mix of open and private areas, making it ideal for a business looking for collaborative space in the heart of downtown.
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Space is in Excellent Condition
- Private entrance on Rigsbee Ave
- Bright and open floor plan
- Located in the City Center District
- Fully renovated historic building
- Adjacent to a public parking deck
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 FOR 401 E Chapel Hill St , Durham, NC 27701
| Property Type | Retail | Gross Leasable Area | 6,170 SF |
| Property Subtype | Storefront Retail/Office | Year Built/Renovated | 1922/2010 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 6,170 SF |
| Year Built/Renovated | 1922/2010 |
About the Property
This approximately 6,150 SF, mixed-use building has a beautiful corner presence at the intersection of Rigsbee Ave in one of downtown’s main hubs of food, beverage, and entertainment. The street level space is leased to the long-established French restaurant, Rue Cler, a tenant since 2013, while the second floor turnkey office space is currently vacant.
- Bus Line
- Signage
- Signalized Intersection
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Carey Greene -
Shara Nejad -
SVN | Real Estate Associates
Presented by
2nd Floor Suite at 401 E. Chapel Hill Street | 401 E Chapel Hill St
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