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Downtown Durham Office Space
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411 West Chapel Hill Street, Durham, NC 27701

Centrally located office space in historic Durham tower.

Property Size47,477 SF
Days on Market251

Property Features for 411 West Chapel Hill Street

General Information

Standard status Active
Size 47,477 SF
Property subtype Office
Listing Agency:
Listed By: Brad Corsmeier
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 30 at 3:53AM

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 Brad Corsmeier

Investment Insights

Based on property information with market context.

Mutual Tower, centrally located in Downtown Durham, stands as a significant landmark with a Walkscore of 90. The tower is historically notable as the headquarters of the North Carolina Mutual Life Insurance Company, which was the largest Black-owned company in the United States for much of the 20th century. Constructed in 1963 on land that once housed the Duke family estate, it was the tallest building in Durham until 1987, and also the tallest Black-owned building in the U.S. The building offers immediate access to NC-147, providing connections to I-40 and I-85. The property is surrounded by numerous shops and restaurants, placing it in the heart of the city's cultural scene. The available office space spans 47477 square feet, offering a substantial area for various business operations.

Key Highlights

  • Centrally located in Downtown Durham with an impressive Walkscore of 90.
  • Immediate access to NC‑147 provides convenient connections to I‑40 and I‑85.
  • Steps from dozens of shops and restaurants.

Property Analytics

Current Use

LoanWell (Bike/Boat/Book/etc) Store NC Mutual Life ... Insurance Agency Davinci Meeting Rooms Marketing & Advertising Sullivan Kelly Physician Amaya-Jackson Lisa MD Physician

Suggested Use

Top Pick Auto Parts Store Veterinary Clinic Dental Office (Bike/Boat/Book/etc) Store Home Appliance Store Locksmith

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

2,909
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

$26 /SF/Yr
Avg Asking Price
$18–$28.5 /SF/Yr
Price Range
32,954 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 building - Centrally located office space in historic Durham tower.
Where is this office building located?
The property is located at 411 West Chapel Hill Street Durham, NC.
What are key features of this property?
This property features: Centrally located in Downtown Durham with an impressive Walkscore of 90.; Immediate access to NC‑147 provides convenient connections to I‑40 and I‑85.; Steps from dozens of shops and restaurants.
More about this property
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