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Downtown Office Suite in Kress Building
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101-103 W Main St, Durham, NC 27701

Street-level office sublease includes private offices, conference and collaboration space, and original terrazo floors.

Property Size5,153 SF
Days on Market663

Property Features for 101-103 W Main St

General Information

Standard status Active
Size 5,153 SF
Property subtype RETAIL
Lease Type FS

Additional Details

Flexible Term Yes

Amenities

natural light
original terrazo floors
3 private offices
storage/copier room
IT room
break area
conference room
collaboration area
Listing Agency: Lee & Associates | Raleigh
Listed By: Marlene Spritzer SIOR, CCIM, JD
Source: Moodyscre
Added: Oct 7, 2024 Changed: Jul 26 Last Checked: Jul 30 at 7:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Raleigh

Investment Insights

Based on property information with market context.

Available for sublease is a 5,153-square-foot office suite in the historic Kress Building. The street-level space is designed with natural light and features original terrazo floors, with (3) private offices plus a storage/copier room and an IT room. Additional amenities include a break area, a conference room, and a collaboration area.

The suite is located at the intersection of W. Main Street and S. Mangum Street in Downtown Durham. Parking is available in the Church Street Parking Garage, along with street parking and a paved lot behind the building.

The space is offered on a full-service basis, with the master lease expiring March 31, 2026.

Key Highlights

  • 5,153 SF office sublease in the historic Kress Building at W. Main St & S. Mangum St in Downtown Durham
  • Master lease expires March 31, 2026; full‑service lease with negotiable lease rate
  • Street‑level space with lots of natural light and original terrazo floors

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Home Appliance Store Locksmith Veterinary Clinic Auto Parts Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,979
Businesses Nearby

Demographics for 27701, NC

25,208
Population
13,409
Households
1.9
Avg Household Size
34
Median Age
50%
College-Educated
85%
High-School Grad
5.2 sq mi
ZIP Area
4,848
Density / Sq Mi
$66,852
Median Household Income
$47,681
Median Earnings
$1,279
Median Rent
$457,600
Median Home Value

Market

Lease Benchmarks for Durham, NC

$46.79 /SF/Yr
Avg Asking Price
$4.63–$252 /SF/Yr
Price Range
16,541 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Street-level office sublease includes private offices, conference and collaboration space, and original terrazo floors.
Where is this office units located?
The property is located at 101-103 W Main St Durham, NC.
What are key features of this property?
This property features: 5,153 SF office sublease in the historic Kress Building at W. Main St & S. Mangum St in Downtown Durham; Master lease expires March 31, 2026; full‑service lease with negotiable lease rate; Street‑level space with lots of natural light and original terrazo floors
(919) 812-9528 Call to check price and availability
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