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Office Space Near American Tobacco
For Lease
$36.50 SF/Yr

302 East Pettigrew Street, Durham, NC 27701

Office space for rent adjacent to Durham's historic district.

Property Size15,998 SF
Days on Market250

Property Features for 302 East Pettigrew Street

General Information

Standard status Active
Size 15,998 SF
Property subtype Office
Listing Agency:
Listed By: John Brewer
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 30 at 2:28AM

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 John Brewer

Investment Insights

Based on property information with market context.

This office space, encompassing 15998 square feet, is situated adjacent to the American Tobacco Historic District, the American Tobacco mixed-use campus, the Durham Performing Arts Center, and the Durham Bulls Athletic Park. The location has a Walk Score of 89.

Key Highlights

  • Walk Score: 89
  • Adjacent to the American Tobacco Historic District
  • Adjacent to the American Tobacco mixed‑use campus

Property Analytics

Current Use

Policy & Economic Research ... Charitable Organization Bio Products Laboratory Medical Laboratory Precision BioSciences, Inc. Corporate Office Durham Economic & Employment Employment Agency Equal Opportunity/Equity City Government Office

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Garden Center (Bike/Boat/Book/etc) Store Veterinary Clinic

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
$5.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,365
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

This space is priced 22% below the average of $46.79 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space for rent adjacent to Durham's historic district.
Where is this office units located?
The property is located at 302 East Pettigrew Street Durham, NC.
What is the lease rate?
The lease rate is $36.50 SF/Yr.
What are key features of this property?
This property features: Walk Score: 89; Adjacent to the American Tobacco Historic District; Adjacent to the American Tobacco mixed‑use campus
More about this property
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