The Rigsbee

318 W. Corporation St., Durham, NC 27701

  • For Lease $32.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 65,000 SF
  • Units 1
  • Lot Size 0.5 Acre
  • Property Tenancy Single Tenant
  • Year Built 2023
  • Date Updated Apr 12, 2024
Dynamic location in the bustling Central Park District of downtown Durham.Elmwood Development is under construction on The Rigsbee at 318 W. Corporation St. The mixed-use project will feature 1,900 RSF of street retail space in a luxury 82-apartment building. The highly visible and trafficked corner of Rigsbee Ave. and Corporation St. sets the tone for a dynamic retail experience. Amenity-dense Central Park district welcomes all to a variety of work, live, and play options. Users are invited to add to the aesthetic with exciting and innovative concepts. F&B uses will be limited to non-ventilated, non-grease trap concepts and will have 275 SF of exterior terrace seating area. Delivery for The Rigsbee is slated for Q3 2023. The Rental rate is $32.00/SF NNN with TICAM estimated at $5 - $6/SF. Cold Shell delivery, TIA negotiable.

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Reach out to the broker for more info on lease terms and amenities

Highlights

  • Luxury Mixed-Use Apartment Building with Street Level Retail
  • Corner retail space for maximum exposure along Rigsbee Ave. and Corporation St.
  • Outdoor Seating Available
  • Cold Shell Delivery, TIA Negotiable

Spaces Available

Contacts

broker

Derek Mangum

Maverick Partners

(919) 819-9223

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise
  • Transit Score ®

    59/100 Good Transit
  • Bike Score ®

    71/100 Very Bikeable
Powered by Walk Score ®
  • City Durham, NC
  • Neighborhood Old North Durham
  • Zip Code 27701
  • Market Raleigh Durham

Points of Interest

  • Durham

    0.50 miles

  • Trinty Food Mart #4

    0.24 miles

  • Family Fare

    0.62 miles

  • Shell

    0.63 miles

  • Handi-Foods

    0.83 miles

  • Carolina Food Mart

    0.94 miles

  • Gazelle

    1.02 miles

  • Caroco

    1.05 miles

  • BP

    1.09 miles

  • Speedway

    1.15 miles

  • Amoco

    1.15 miles

  • Morgan-Rigsbee Garage

    0.31 miles

  • Durham Centre Garage

    0.33 miles

  • Chapel Hill Street Garage

    0.38 miles

  • Corcoran Street Garage and Lot

    0.48 miles

  • Church Street Garage

    0.55 miles

  • North Parking Deck

    0.56 miles

  • East Parking Deck

    0.67 miles

  • South Parking Deck

    0.78 miles

  • Epworth Parking Lot

    0.80 miles

  • Smith Warehouse Parking Lot North

    0.84 miles

  • The Pit

    0.09 miles

  • Hutchins Garage

    0.13 miles

  • Kings Sandwich Shop

    0.16 miles

  • Piedmont Inspired Food

    0.22 miles

  • Saltbox Seafood Joint

    0.24 miles

  • McDonald's

    0.26 miles

  • M Kokko

    0.35 miles

  • M Sushi

    0.35 miles

  • Rue Cler

    0.36 miles

  • Gonza Tacos y Tequila

    0.37 miles

  • Brightleaf Square

    0.60 miles

  • Durham Co-op Market

    1.04 miles

  • Whole Foods Market

    1.22 miles

  • Northgate Shopping Mall

    1.32 miles

  • Compare Foods

    1.33 miles

  • Red White Grocery

    1.35 miles

  • Harris Teeter

    1.47 miles

  • Food Lion

    1.86 miles

  • Ross

    1.93 miles

  • Food Lion

    2.11 miles

Frequently Asked Questions

How much does retail space at 318 W. Corporation St. cost?

The asking price for retail space at 318 W. Corporation St. is $32.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 318 W. Corporation St.?

The property has 1,900 square feet of rentable Street Retail space. Rental opportunities here are available under NNN lease terms.

The building accommodates a Single Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 318 W. Corporation St.?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 318 W. Corporation St.. You can find 4 parking option(s) and 1 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 318 W. Corporation St..

Is 318 W. Corporation St. located in a popular area for retail businesses?

The property is part of Old North Durham, which is home to 7 other retail listings.

Other popular areas for retail businesses in Raleigh Durham include Downtown Durham, Old North Durham, Old West Durham.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Derek Mangum

Maverick Partners

(919) 819-9223

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