400 Hillsborough St Raleigh, NC 27603
400 Hillsborough Street, Raleigh, NC, offers exceptional executive office space in a vibrant downtown location. This twenty-story building, totaling 160,576 square feet, presents a unique opportunity for businesses seeking flexible and prestigious office accommodations. Currently, there are 7,739 square feet of vacant space available, divisible into units ranging from a minimum of 3,441 square feet to a maximum contiguous space of 4,298 square feet. The building is situated at the northeast corner of Hillsborough and West Streets, providing unparalleled visibility and accessibility, acting as a gateway to downtown Raleigh from Highway 54. This prime location benefits from the significant residential and commercial growth occurring in the area, positioning it within a rapidly evolving central business district. The property is classified as retail and office, with multiple tenancies available. Parking is provided at a ratio of 4 spaces per 1,000 square feet of building space, ensuring ample parking for tenants and visitors. The building's location in Wake County, NC, zip code 27603, offers easy access to major transportation routes and amenities. This is an ideal opportunity to establish a presence in a thriving and dynamic downtown Raleigh environment.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.