For Lease
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Property summary
This exceptional creative office space at 324 Blackwell Street in Durham, North Carolina, offers a unique opportunity for businesses seeking flexible and modern accommodations. Located in the vibrant American Tobacco Campus, this property boasts a total of 16,553 square feet, with 11,996 square feet currently available for lease. The space is divisible into units as small as 4,509 square feet, providing adaptability for various business needs. The maximum contiguous space available is 11,996 square feet, ideal for larger organizations or those seeking a significant presence. The property is classified as a multi-tenant building, offering a dynamic and collaborative environment. Situated in Durham County, with a Durham, NC 27701 zip code, this location provides easy access to the city's amenities and transportation networks. While some suites are currently leased (Suite 1140: 1,773 SF and Suite 1104: 2,784 SF), these tenants are open to subleasing their spaces, either individually or as a combined unit. This presents a rare opportunity to secure a substantial and adaptable workspace within a thriving and sought-after location. The property's creative office subtype caters to businesses seeking a modern and inspiring work environment. Don't miss this chance to establish your business in this prime Durham location.
Property profile
VerifiedCap rate & NOI
Current use
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Radio Station Telecommunications Service
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Construction Company
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Chemical Plant Factory
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Restaurant
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Academic Department
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Downtown Design (DD) District is established to encourage bicycling, pedestrian, and transit-orienteddevelopmentthrough regulations appropriate to the downtown area. It focuses on the form of the private and public r…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
DD-C · Durham, NCThe Downtown Design (DD) District is established to encourage bicycling, pedestrian, and transit-orienteddevelopmentthrough regulations appropriate to the downtown area. It focuses on the form of the private and public r…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Downtown Design (DD) District is established to encourage bicycling, pedestrian, and transit-orienteddevelopmentthrough regulations appropriate to the downtown area. It focuses on the form of the private and public r…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DD-C in Durham, NC.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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