DOWNTOWN DURHAM RETAIL SPACE FOR LEASE EXPECTED DELIVERY JANUARY 2019 DOWNTOWN DURHAM MIXED-USE PARKING GARAGE 105 W. MORGAN STREET N. MANGUM STREET RIGSBEE AVENUE VIJAY K. SHAH, CCIM 919.645.1425 (Direct) 919.812.0964 (Mobile) vshah@trademarkproperties.com ROSS DIACHENKO 919.913.1686 (Direct) 336.337.3162 (Mobile) rdiachenko@trademarkproperties.com TradeMark Properties
PROPERTY HIGHLIGHTS 15,050 SF of street front retail bordering Mangum St., Morgan St., and Rigsbee Ave. Parking deck will house 5,324 SF for the City of Durham Parking Administration The mixed-use project will consist of 667 parking spaces atop premiere street front retail Allocated retail parking will be available for hourly or monthly rates Flexible floor plans that can be demised Significant outdoor seating opportunities available The building s exterior will feature artwork from local artists selected by the community Grade change allows for ceiling heights with the ability to accommodate a mezzanine level in select spaces Shared grease trap on-site AREA HIGHLIGHTS Located in the heart of Downtown Durham Walking distance to the hottest attractions including the Durham Bulls Athletic Park, the award winning Durham Performing Arts Center, which hosts over 200 live performances per year, and numerous well-established local restaurants and bars Easy access to US 15-501, NC 147 (Durham Freeway), the Downtown Durham Loop, and only 15 minutes from the Raleigh-Durham Airport, Research Triangle Park, and Chapel Hill Strategically located between two of Downtown Durham s most vibrant districts - City Center and Central Park Walk Score: 92 - Walker s Paradise (www.walkscore.com) LEASE RATE: $25.00/SF NN: $3.00/SF Cold dark shell delivery with $40/SF Tenant Improvement Allowance DEMOGRAPHICS* 1 MILE FROM SITE 3 MILES FROM SITE 5 MILES FROM SITE Estimated Population (2018) 16,092 101,753 191,828 Estimated Total Businesses (2018) 1,451 5,670 8,679 Estimated Daytime Population (2018) 28,807 140,892 228,286 Average Household Income (2018) $50,287 $56,832 $69,257 *Source: Regis Online Sites USA
DOWNTOWN DURHAM - NORTH VIEW RESTAURANTS & BARS 1 Dashi 2 Rue Cler 3 Fullsteam Brewery 4 The Pit 5 Gonza Tacos y Tequila 6 Mellow Mushroom 7 Moe s Southwest Grill 8 Tobacco Road Sports Cafe HOTELS 9 Aloft Durham Downtown - 134 rooms 10 21c Museum Hotel - 91 rooms and ground floor retail 11 Marriott City Center Hotel - 190 rooms 12 The Durham Hotel - 53 rooms with ground floor retail 13 Durham Yoga Company ATTRACTIONS 22 22 5 23 RAMSEUR STREET 14 15 US 70 FOSTER STREET 11 24 10 25 4 3 RIGSBEE AVENUE 12 PETTIGREW STREET 13 2 SITE 1 10,000 AADT N. MANGUM STREET W. MORGAN STREET 14 Historic Durham Athletic Park 15 Durham Convention Center 16 Durham Performing Arts Center (DPAC) 17 Durham Bulls Athletic Park 18 American Tobacco Campus 19 American Tobacco Amphitheater 20 American Tobacco Future Campus OFFICE, RESIDENTIAL & MIXED-USE 21 Whetstone Apartments - 204 residential units 22 West Village - 609 residential units and 104,000 SF office and retail space 23 Durham Innovation District (Durham ID) 24 25 26 Liberty Warehouse Apartments - 264 residential units with ground floor retail One City Center - 139 residential units and over 130,000 SF of office space with ground floor retail 555 Mangum - 400 residential units and 240,000 SF of Class A office and ground floor retail 20 6 19 147 18 7 BLACKWELL STREET DURHAM FREEWAY 64,000 AADT 17 8 147 9 16 S. MANGUM STREET 26 ROXBORO STREET 27 27 The Mark at Durham One - 305 residential units
SITE PLAN S T R E E T PA R K I N G PARKING ENTRANCE S T R E E T PA R K STAIRS ELEVATOR I N G PARKING ENTRANCE S T R E E T PA R K I NG STAIRS STREETPARKING
DOWNTOWN DURHAM - SOUTH VIEW FUTURE PHASE II WILLARD STREET PETTIGREW STREET RAMSEUR STREET W. MAIN STREET W. MORGAN STREET CITY HALL PLAZA N. MANGUM STREET E. CHAPEL HILL STREET SITE W. MORGAN STREET RIGSBEE AVENUE FOSTER STREET
DOWNTOWN DURHAM BY THE NUMBERS 100+ RETAIL STORES 60+ STARTUPS 300+ DOWNTOWN EMPLOYEES 2,500 18,500 NEW RESIDENTS 3 DOWNTOWN INVESTMENT SINCE 2000 $1.7 BILLION 95% OFFICE OCC. RATE RESTAURANTS AND BARS DURHAM OFFICE WORKERS EAT OUT AN AVERAGE OF THREE TIMES EACH WEEK
DURHAM ACCOLADES #1 BEST CITIES FOR MILLENNIALS IN THE U.S. -Growella #5 2018 S BEST LARGE CITIES TO START A BUSINESS -WalletHub.Com #1 AMERICA S LEADING CREATIVE CLASS METROS - CityLab.Com #3 CITIES WHERE A PAYCHECK STRETCHES THE FARTHEST -Forbes #1 FOODIEST SMALL TOWN -Bon Appetite #2 AMERICA S FASTEST GROWING METRO AREAS - Forbes.Com #1 MOST EDUCATED CITIES IN NC -Yahoo Finance #4 TOP UP AND COMING TECH HOTSPOTS -Livability.Com #5 BEST PLACES FOR BLACK OWNED BUSINESSES -NerdWallet
1001 WADE AVENUE, SUITE 300 RALEIGH, NC 27605 919.782.5552 WWW.TRADEMARKPROPERTIES.COM VIJAY K. SHAH, CCIM Senior Vice President 919.645.1425 (Direct) 919.812.0964 (Mobile) vshah@trademarkproperties.com ROSS DIACHENKO Vice President 919.913.1686 (Direct) 336.337.3162 (Mobile) rdiachenko@trademarkproperties.com The information contained herein was obtained from sources believed reliable; however, TradeMark Properties makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice.