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Two-Level Office Units

327 West Morgan Street, Raleigh, NC 27601

For Lease
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Modified gross leasing is available across first- and second-floor suites.

Space Size1,400 SF
Days on Market11

Property Features for 327 West Morgan Street

General Information

Standard status Active
Size 1,400 SF
Net Rentable 1,400 SF
Property subtype Office
Lease Type Modified Gross

Space & Availability

Available Space 1,400-4,200 SF
Divisible Yes
Space Use Office

Lease Terms

Lease Rate $18.50 /SF/YR
Monthly Rent $2,158-$6,475
Rent per SF/Year $18.50

Site & Location

Neighborhood Depot Historic District

Spaces For Lease

at 327 West Morgan Street Contact us

First Floor Active

Size 1,400 SF
Contact us

Ground Floor Active

Size 1,400 SF
Contact us

Second Floor Active

Size 1,400 SF
Contact us
Listing Agency: Foundry Commercial Raleigh
Listed By: Jane Doggett · License #NC
Source: Crexi
Added: Oct 30 Changed: Nov 8 Last Checked: Nov 8 at 3:18PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Office suites are available on the first and second floors, with each space measuring approximately 1,400 square feet. The combined availability ranges from approximately 1,400 to 4,200 square feet, offered on modified gross terms.

Key Highlights

  • Available area ranges from approximately 1,400 to 4,200 SF
  • Individual suites are approximately 1,400 SF
  • Office space on the first and second floors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Media Star Promotions ... Advertising Agency Page Law Law Firm Arch and Edge Hair Salon Eye Candy Lash ... Hair Salon Black Inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Locksmith Nursing Home Bed & Breakfast Fish Market

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

5,357
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

$38.62 Jul
$36.51 Aug
$35.7 Sep
$26.13 Oct

Properties on Market for Office Units in Raleigh

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Modified gross leasing is available across first- and second-floor suites.
Where is this office unit located?
The property is located at 327 West Morgan Street Raleigh, NC.
What are key features of this property?
This property features: Available area ranges from approximately 1,400 to 4,200 SF; Individual suites are approximately 1,400 SF; Office space on the first and second floors
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