The Rigsbee

For Lease

318 W. Corporation St., Durham, NC 27701

You can currently find 1 retail space(s) available for lease at The Rigsbee. Designated use type for space listed here includes street retail. Current retail listings at this property total 1,900 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at The Rigsbee.

Space Available For Lease 1

Contacts

broker

Derek Mangum

Maverick Partners

(919) 819-9223

Property Details

  • Property Type Retail - Street Retail
  • Property Size 65,000 SF
  • Units 1
  • Lot Size 0.5 Acre
  • Property Tenancy Single Tenant
  • Year Built 2023
  • Date Updated Apr 25, 2024
Dynamic location in the bustling Central Park District of downtown Durham.Elmwood Development is under construction on The Rigsbee at 318 W. Corporation St. The mixed-use project will feature 1,900 RSF of street retail space in a luxury 82-apartment building. The highly visible and trafficked corner of Rigsbee Ave. and Corporation St. sets the tone for a dynamic retail experience. Amenity-dense Central Park district welcomes all to a variety of work, live, and play options. Users are invited to add to the aesthetic with exciting and innovative concepts. F&B uses will be limited to non-ventilated, non-grease trap concepts and will have 275 SF of exterior terrace seating area. Delivery for The Rigsbee is slated for Q3 2023. The Rental rate is $32.00/SF NNN with TICAM estimated at $5 - $6/SF. Cold Shell delivery, TIA negotiable.

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Highlights

  • Luxury Mixed-Use Apartment Building with Street Level Retail
  • Corner retail space for maximum exposure along Rigsbee Ave. and Corporation St.
  • Outdoor Seating Available
  • Cold Shell Delivery, TIA Negotiable

Getting around

  • 95/100

    Walk Score ®

  • 59/100

    Transit Score ®

  • 71/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Durham, NC
  • Neighborhood Old North Durham
  • Zip Code 27701
  • Market Raleigh Durham

Points of Interest

  • Durham

    0.50 miles

  • Trinty Food Mart #4

    0.24 miles

  • Family Fare

    0.62 miles

  • Shell

    0.63 miles

  • Handi-Foods

    0.83 miles

  • Carolina Food Mart

    0.94 miles

  • Gazelle

    1.02 miles

  • Caroco

    1.05 miles

  • BP

    1.09 miles

  • Speedway

    1.15 miles

  • Amoco

    1.15 miles

  • Morgan-Rigsbee Garage

    0.31 miles

  • Durham Centre Garage

    0.33 miles

  • Chapel Hill Street Garage

    0.38 miles

  • Corcoran Street Garage and Lot

    0.48 miles

  • Church Street Garage

    0.55 miles

  • North Parking Deck

    0.56 miles

  • East Parking Deck

    0.67 miles

  • South Parking Deck

    0.78 miles

  • Epworth Parking Lot

    0.80 miles

  • Smith Warehouse Parking Lot North

    0.84 miles

  • The Pit

    0.09 miles

  • Hutchins Garage

    0.13 miles

  • Kings Sandwich Shop

    0.16 miles

  • Piedmont Inspired Food

    0.22 miles

  • Saltbox Seafood Joint

    0.24 miles

  • McDonald's

    0.26 miles

  • M Kokko

    0.35 miles

  • M Sushi

    0.35 miles

  • Rue Cler

    0.36 miles

  • Gonza Tacos y Tequila

    0.37 miles

  • Brightleaf Square

    0.60 miles

  • Durham Co-op Market

    1.04 miles

  • Whole Foods Market

    1.22 miles

  • Northgate Shopping Mall

    1.32 miles

  • Compare Foods

    1.33 miles

  • Red White Grocery

    1.35 miles

  • Harris Teeter

    1.47 miles

  • Food Lion

    1.86 miles

  • Ross

    1.93 miles

  • Food Lion

    2.11 miles

318 W. Corporation St. Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    318 W. Corporation St. is located in Old North Durham, which is home to a total of 7 listing(s). Retail space at The Rigsbee asks $32.00/SF/YR per square foot.

  • The property includes 1,900 square feet of retail space for lease. Of this total, 1,900 square feet are Street Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Old North Durham is 33. The average household income here is $51,240 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Derek Mangum

Maverick Partners

(919) 819-9223

  1. 1Main information
  2. 2Extra information