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Food Hall Restaurant Space
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411 W Morgan St, Raleigh, NC 27603

Restaurant space in a food hall with key utilities and services included in the rent.

Space Size50 SF - 210 SF
Days on Market69

Property Features for 411 W Morgan St

General Information

Standard status Active
Size 50 SF - 210 SF
Property subtype Retail, Restaurant, Special Purpose

Building Details

Tenancy Multiple

Spaces For Lease

at 411 W Morgan St Contact us

Vendor Hub #15

Size
210 SF
Type
Retail
Availability
Active
Contact us

Vendor Kiosk #16

Size
50 SF
Type
Retail
Availability
Active
Contact us

Patio Space #24

Size
100 SF
Type
Retail
Availability
Active
Contact us

Vendor Kiosk #17

Size
50 SF
Type
Retail
Availability
Active
Contact us

Vendor Kiosk #21

Size
50 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Steele Commercial
Listed By: Tyler Mills · License #NC 315803
Source: Crexi
Added: Jun 2 Changed: Aug 8 Last Checked: Aug 9 at 6:26AM

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 Steele Commercial

Investment Insights

Based on property information with market context.

This restaurant space is positioned within a food hall and supported by shared facilities. The rent includes water, gas, common area cleaning and maintenance, ice, cool storage, and trash removal, which helps reduce day-to-day operating items and can simplify setup for day-to-day service.

The space is located at 411 W. Morgan St in Raleigh, within the Morgan Street Food Hall environment where joint marketing efforts are described as being in place for vendor partners.

For operators looking to run a conventional restaurant concept in a shared culinary setting, this offering focuses on convenience and operational support through included services such as cooling storage and trash removal, along with shared utilities and facility maintenance. It may be a practical fit for brands that want to participate in the food hall’s vendor framework and marketing coordination rather than handling every operational detail independently.

Key Highlights

  • Restaurant space in a food hall in Raleigh.
  • Water, gas, common area cleaning & maintenance, ice, cool storage, and trash removal are included in the rent.
  • Shared facilities and utilities with low upfit costs reported.

Property Analytics

Current Use

The Kupkake Fairy Bakery Boba Brew Cafe & Coffee Shop Cousins Maine Lobster ... Restaurant Curry in a Hurry Restaurant Opa Raleigh Restaurant

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

5,270
Businesses Nearby
Under-served
Demand for This Use

Demographics for 27603, NC

54,616
Population
24,030
Households
2.3
Avg Household Size
34
Median Age
48%
College-Educated
94%
High-School Grad
51.4 sq mi
ZIP Area
1,063
Density / Sq Mi
$87,939
Median Household Income
$51,856
Median Earnings
$1,496
Median Rent
$347,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space in a food hall with key utilities and services included in the rent.
Where is this conventional restaurant located?
The property is located at 411 W Morgan St Raleigh, NC.
What are key features of this property?
This property features: Restaurant space in a food hall in Raleigh.; Water, gas, common area cleaning & maintenance, ice, cool storage, and trash removal are included in the rent.; Shared facilities and utilities with low upfit costs reported.
More about this property
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