Multi-Level Office
323 West Morgan Street, Raleigh, NC 27601
For Lease
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Rental space spans two above-grade floors and a basement.
Space Size1,553 SF - 4,688 SF
Days on Market11
Property Features for 323 West Morgan Street
General Information
Standard status
Size
Net Rentable
Property subtype
Lease Type
Space & Availability
Available Space
Space Use
Lease Terms
Lease Rate
Monthly Rent
Rent per SF/Year
Site & Location
Neighborhood
Spaces For Lease
at 323 West Morgan Street Contact usBasement Active
Size
1,553 SF
First Floor Active
Size
4,583 SF
Second Floor Active
Size
4,688 SF
Listing Agency:
Foundry Commercial Raleigh
Listed By:
Jane Doggett
Source:
Crexi
Added: Oct 30
Changed: Nov 8
Last Checked: Nov 8 at 2:40PM
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 Foundry Commercial Raleigh
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Investment Insights
Based on property information with market context.
Office space is available on the first and second floors, with additional space in the basement. Available areas range from approximately 4,583 to 10,824 square feet.
Key Highlights
- Approximately 4,583–10,824 SF available
- Office space on the first floor, second floor, and basement
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.78 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,357
Businesses Nearby
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Business Placement
Demographics for 27601, NC
9,965
Population
4,874
Households
2
Avg Household Size
32
Median Age
49%
College-Educated
88%
High-School Grad
1.8 sq mi
ZIP Area
5,536
Density / Sq Mi
$70,433
Median Household Income
$51,443
Median Earnings
$1,499
Median Rent
$572,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Raleigh, NC
$26.07 /SF/Yr
Avg Asking Price
$2.5–$65.47 /SF/Yr
Price Range
19,574 SF
Avg Space Size
This space is priced 29% below the average of $26.07 /SF/Yr.
Average Price Trend$/SF/Yr for Office Units in Raleigh, NC
Properties on Market for Office Units in Raleigh
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Rental space spans two above-grade floors and a basement.
Where is this office unit located?
The property is located at 323 West Morgan Street Raleigh, NC.
What are key features of this property?
This property features: Approximately 4,583–10,824 SF available; Office space on the first floor, second floor, and basement
