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    433 Main St Durham, NC 27701

    For Lease
    Contact for pricing

    Prime Office Space, 13,561 SF Available

    Lot size:
    18,968 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional three-story, Class B office building at 433 W Main St, Durham, NC 27701 offers 13,561 square feet of immediately available space, perfect for businesses seeking executive, traditional, or creative office environments. The building, constructed in 1972, features a unique and sustainable advantage: a 33.06 kW DC rooftop solar panel system installed in 2018, significantly reducing energy costs and environmental impact. Multiple tenancy options are available, ranging from 2,209 to 5,676 square feet, catering to various business needs. The building boasts a total of 18,968 square feet across one building and three floors. While there is no on-site parking, the location in the vibrant City Center district of downtown Durham provides easy access to numerous amenities and public transportation. Elevators are available for convenient access to all floors. This property presents a rare opportunity to lease high-quality office space in a prime downtown location with a strong commitment to sustainability. The building's central location offers unparalleled access to the energy and dynamism of Durham's city center. The solar power system offers significant cost savings and aligns with environmentally conscious business practices. This is an ideal space for companies seeking a modern, efficient, and sustainably-focused office environment in the heart of Durham.

    Property Features for 433 Main St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,968 SF
    Class
    B

    Building Details

    Year Built
    1972
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 101
    Size
    2,209 SF
    Space
    Second Floor (Suite 200)
    Size
    5,676 SF
    Space
    Third Floor (Suite 300)
    Size
    5,676 SF

    HighLights

    • Three spaces available: first floor lobby space, and full second and third floors.
    • Excellent location, two miles from Duke University and Hospital, nine miles from RTP.
    • Abundant nearby amenities: approximately 130 restaurants and cafes within walking distance.
    • High‑visibility signage opportunity for anchor tenant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Institute For Southern Studies Non-Profit Organization Dr. Kenneth L. ... Doctor Defreitas Stacie C Psychologist Ontada Software Company SignalPath, LLC Software Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9051753
    Latitude
    35.9972881

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    FAQs

    What type of property is this?
    Office space - Prime Office Space, 13,561 SF Available
    Where is this office space located?
    The property is located at 433 Main St Durham, NC.
    What are key features of this property?
    This property features: Three spaces available: first floor lobby space, and full second and third floors.; Excellent location, two miles from Duke University and Hospital, nine miles from RTP.; Abundant nearby amenities: approximately 130 restaurants and cafes within walking distance.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    433 Main St Durham, NC 27701
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