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105 W Morgan St 1,177 sq ft of Retail Space Available in Durham, NC 27701
HIGHLIGHTS
- Located in the heart of downtown Durham
- Located between two of downtown Durham’s most vibrant districts - City Center and Central Park
- Surrounded by top dining, entertainment, and cultural attractions
- Modern streetscape featuring curated local artwork
- Integrated parking deck with 665 spaces for customer convenience
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 1st Floor, Ste 103 | 1,177 sq ft | Negotiable | £25.93 /sq ft pa £2.16 /sq ft pcm £30,523 pa £2,544 pcm | Triple Net |
1st Floor, Ste 103
Position your business in the heart of Downtown Durham at 105 W. Morgan Street, a premier mixed-use destination offering unmatched visibility and connectivity. This vibrant retail corridor spans Mangum Street, W. Morgan Street, and Rigsbee Avenue, placing your brand in the center of Durham’s most dynamic district. Suite 103, now available, offers 1,177 SF of adaptable space, including a loft area, ideal for boutique retail or experiential concepts.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net (NNN) rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rent that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rent structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,177 sq ft | Net Internal Area (NIA) | 15,234 sq ft |
| Property Type | Retail | Year Built | 2019 |
| Property Subtype | Shopfront Retail / Office |
| Total Space Available | 1,177 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront Retail / Office |
| Net Internal Area (NIA) | 15,234 sq ft |
| Year Built | 2019 |
ABOUT THE PROPERTY
The property is part of a thoughtfully designed development featuring 665 structured parking spaces and a modern streetscape accented by curated local artwork. Flexible floor plans allow for creative layouts, while grade changes provide ceiling heights that can accommodate mezzanine levels in select spaces. Outdoor seating opportunities further enhance the potential for customer engagement and brand presence. Demographics underscore the strength of this trade area: a projected 2030 average household income of over $122,000 within five miles and sustained population growth. Downtown Durham’s renaissance has made it a magnet for young professionals and affluent residents who prioritize walkability and vibrant experiences. Secure your position in this thriving retail hub today.
NEARBY MAJOR RETAILERS
![[solidcore]](https://images.loopnet.fr/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
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105 W Morgan St
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