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Main-Level Office Space
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500 W Morgan St, Durham, NC 27701

Access-controlled workspace combines private offices, open bullpen seating, and shared conference amenities in downtown Durham.

Space Size4,101 SF
Property Size8,206 SF
Days on Market70

Property Features for 500 W Morgan St

General Information

Standard status Active
Size 4,101 SF
Net Rentable 4,101 SF
Class C
Property subtype Office

Space & Availability

Available Space 4,101 SF
Contiguous Space 4,101 SF
Floor Main
Space Use Office
Condition Move-in Ready

Additional Details

Flexible Term Yes

Amenities

conference room
break area
WiFi
on-site parking
access-controlled space

Building Details

Building Size 8,206 SF
Year Built 1975
Listing Agency:
Listed By: Derek Mangum · License #NC #243683
Source: Maverickpartners
Added: Jun 24 Changed: Aug 31 Last Checked: Aug 31 at 1:25PM

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 Derek Mangum

Investment Insights

Based on property information with market context.

This 4,101 SF main-level office suite at 500 W Morgan St includes a combination of private offices and bullpen area within an open floor plan. The premises are access-controlled and include use of shared building amenities such as a conference room, break area, and WiFi.

Located in Downtown Durham, the property is surrounded by restaurants, bars, coffee shops, and retail. On-site parking is available, with access to Duke University and Research Triangle Park noted in the surrounding context. The building was constructed in 1975, and the space is offered for lease with flexible lease terms.

Key Highlights

  • 4,101 SF main‑level office space at 500 W Morgan St
  • Private offices paired with bullpen area and open floor plan
  • Shared conference room, break area, and WiFi

Property Analytics

Current Use

Mint Coworking Coworking & Hybrid Office PNC Bank ATM Atm Christmas Light Installers ... Home Decor Store

Suggested Use

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

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

2,977
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

$51.01 /SF/Yr
Avg Asking Price
$4.63–$252 /SF/Yr
Price Range
19,566 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 units - Access-controlled workspace combines private offices, open bullpen seating, and shared conference amenities in downtown Durham.
Where is this office units located?
The property is located at 500 W Morgan St Durham, NC.
What are key features of this property?
This property features: 4,101 SF main‑level office space at 500 W Morgan St; Private offices paired with bullpen area and open floor plan; Shared conference room, break area, and WiFi
More about this property
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