708 GILBERT STREET DOWNTOWN DURHAM

Transcription

1 DOWNTOWN DURHAM E AS E L R O F CE A P S E S -U D E IX M F O F S 15 6, 9 2 Marcus Jackson Fred Dickens Sarah Warren (d) (d) (d) (m) (m) (m) mjackson@trademarkproperties.com fdickens@trademarkproperties.com swarren@trademarkproperties.com

2 PROPERTY OVERVIEW 29,615 SF Built in 1920; restored in 2018, allowing for open, creative space Nationally recognized historic building Former dye mill for hosiery Full building occupancy, or suites ranging from 1,246-29,615 SF Signage opportunities Dramatically charming interiors with heavy timber wood framing Located in the rapidly revitalizing Downtown Durham East Suite 103 has 30 ceiling height - ideal for a brewery FEATURING Extensive outside terraces and backyard 100+ parking spaces RENTAL RATE Call for Rates Wade Avenue, Suite 300 / Raleigh, NC / /

3 LOCATION Located in the Cleveland-Holloway historic district in Downtown Durham East 0.25 miles north of Golden Belt, a 327,000-SF historic mixed-use development restored from a textile mill built in miles from the core of downtown 0.6 miles to 147 Expressway Surrounding area is rapidly revitalizing Located in the commercial park of the district TROSA FOR SALE COUNTER CULTURE COFFEE + TASTING ROOM East End Park Mallard eet TROSA FOR SALE SEEDS URBAN FARM Elizabeth eet Industrial Park Gilbert eet AL FREGA SCULPTURE STUDIO N. Alston Avenue Holloway eet Gilbert eet 1001 Wade Avenue, Suite 300 \ Raleigh, NC \ \ 3

4 HISTORIC DURHAM BULLS ATHLETIC PARK DUKE EAST CAMPUS W. Morgan eet re St um N. G et re St o way xb t Lib er ty ee eet et re St rd la eet N. Dil um Ma in ee t r re St S. GOLDEN BELT eu Rox bo ro S. M ee t ang E. Liberty eet ms E. et 1001 Wade Avenue, Suite 300 / Raleigh, NC / / PUBLIC PARKING Ra DURHAM BULLS ATHLETIC PARK (DBAP) eet 147 Holloway eet t Avenue ee eet Hollo or Par rish AMERICAN TOBACCO CAMPUS E. Ro ew N. igr ton ett N. Ma ng Gilbert eet N. Als W. P Gilbert eet HEADQUARTERS e CITY CENTER Elizabeth DURHAM PERFORMING ARTS CENTER (DPAC) Mallard eet et eet re a Jones Avenu t Park eet yde 55 N. H ain Roxboro eet Rigsbee Avenue 147 W. M N. W. Geer eet 4 GATEWAY MIXED-USE DEVELOPMENT HISTORIC MIXED-USE DEVELOPMENT Ma in eet 1001 Wade Avenue, Suite 300 \ Raleigh, NC \ \ 5

5 ABOUT THE MILL & DYE HOUSE The Durham Hosiery Mills Dye House, as originally constructed, consisted of a contiguous boiler room, office, warehouse and drug room, and dyeing area. The building is early 20th century mill construction of a style developed for the textile industry, with a hybrid of reinforced-concrete bearing walls, steel framing support and heavy timber ( slow burn ) wood framing. Source: Open Durham Wade Avenue, Suite 300 / Raleigh, NC / /

6 ABOUT THE MILL & DYE HOUSE While the building contains heavy timber wood framing and steel trusses for interior floor and roof support, the exterior walls of the building are constructed with reinforced concrete, a newly accepted method of industrial and office construction in the late 19th and early 20th century that allowed for large open spaces, multi-storied buildings, and large windows that provided light and ventilation. Source: Open Durham 1001 Wade Avenue, Suite 300 \ Raleigh, NC \ \ 7

7 FIRST FLOOR SUITE 103 7,238 RSF SUITE 104 5,503 RSF SUITE 102 1,246 RSF SUITE 101 4,329 RSF Wade Avenue, Suite 300 / Raleigh, NC / /

8 SECOND FLOOR OPEN TO BELOW SUITE 202 7,095 RSF SUITE 201 4,204 RSF 1001 Wade Avenue, Suite 300 \ Raleigh, NC \ \ 9

9 Wade Avenue, Suite 300 / Raleigh, NC / /

10 1001 Wade Avenue, Suite 300 \ Raleigh, NC \ \ 11

11 Downtown East is rising quickly as the last frontier in the hyper-growing Downtown Durham. It s where retro, historic, and quirky mix with contemporary...where historic complements trendy; and art will intersect with commerce. There are four commercial nodes that are being revitalized: Edgemont - Location of the new police headquarters (under construction), Ponysaurus Brewing, Bull City Ciderworks, and relocated Smashing Boxes corporate headquarters from American Tobacco Campus. Four new restaurants are planned across from Ponysaurus. Bull House delivered in 2017, a 300-unit luxury apartment community LITTLE FIVE POINTS CLEVELAND-HOLLOWAY ABOUT DOWNTOWN, EAST Little Five Points - A historic urban village at a major crossroad Golden Belt - A 327,000 sf historic mixed-use development. The first building, Golden Belt, is a 157,000 sf mix of office, retail, residential and The Cotton Room, an entertainment venue. The second building, Cordoba, just completed its dramatic renovation into 170,000 sf of office and retail. Asheville based, Hi-Wire Brewing, is a tenant and is located overlooking a large terrace and outdoor fire pit. GOLDEN BELT EDGEMONT Cleveland-Holloway - Location of the Former Durham Hosiery Mills Dye House, TROSA, and Seeds Wade Avenue, Suite 300 / Raleigh, NC / /

12 ABOUT CLEVELAND-HOLLOWAY Cleveland-Holloway is a historic neighborhood in Downtown Durham, NC, known as Durham s Front Porch. It stands as a vestige of Durham s most fashionable, late 19th century neighborhood, originally known as the Dillard eet neighborhood. Focused initially along E. Main, Liberty, Dillard, and Queen eets at the east end of the downtown area, the neighborhood has been recalled consistently through the decades as the greatest concentration of Durham s finest and most architecturally distinct homes of their day. It was Durham s most striking early residential manifestation of the tobacco boom that began after the Civil War and steadily escalated. While the majority of this node is full of architecturally significant homes, it does include the Cleveland-Holloway Commercial Park. Today it includes 260,000 square feet in 11 buildings on 18 acres. Six of the buildings are considered historic and can be found on Gilbert eet CLEVELAND-HOLLOWAY 1001 Wade Avenue, Suite 300 \ Raleigh, NC \ \ 13

13 DOWNTOWN DURHAM 29,3 94 S F OF MIXE D-US E SP ACE FOR LEA SE The information contained herein was obtained from sources believed reliable; however, 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. Marcus Jackson Fred Dickens Sarah Warren (d) (d) (d) (m) (m) (m) mjackson@trademarkproperties.com fdickens@trademarkproperties.com swarren@trademarkproperties.com