400 W. North Street

The property offers a rare opportunity for immediate occupancy or a plug-and-play investment. The Class A+ creative build-out — 

open ceiling, sealed concrete, glass inserts, tile backsplash, and pendant and can lighting — represents substantial capital investment, 

delivering a turnkey space without the cost, delay, or risk of a permitted build-out. The potential of existing custom furniture allows an 

owner-user to move in without interruption, or a buyer to bring the space to market and re-lease it quickly.

Location fundamentals reinforce the long-term case. Downtown Raleigh has attracted more than $6.7 billion in development since 

2015 and has seen 112% population growth since 2000, a demand trajectory that continues to drive values. The property sits in a highly 

walkable submarket — a 97 walk score — surrounded by 22,000+ downtown residents, 300+ dining and nightlife destinations, and 120+ 

retailers, with the planned 14-acre Smoky Hollow Park positioned to add further upside.