Downtown Durham Inc

411 W Chapel Hill St. (Mutual Tower) – Office

411 W Chapel Hill St. (Mutual Tower) – Office

Description

In the early decades of the 1900s, Durham acquired a national reputation for entrepreneurship. Businesses owned by African Americans lined Parrish Street, and among them was North Carolina Mutual Life Insurance Company. For much of the 20th century, North Carolina Mutual was the largest Black-owned company in the United States, serving the needs of over two-million Americans through employment, mortgages, and premiums in its first 115 years. As NC Mutual outgrew its original headquarters on Durham’s famed Parrish Street, the company acquired land that once housed the Duke family estate, building a thoroughly modern headquarters tower in 1963 - now Mutual Tower. The NC Mutual headquarters was not only the tallest building in Durham until 1987, but also the tallest Black-owned building anywhere in the U.S.

Centrally located in Downtown Durham with a Walkscore of 90, Mutual Tower is as in-the-mix as it is on the city’s cultural map. The building is just steps from dozens of shops and restaurants, and offers immediate access to NC-147 with connections to I-40 and I-85.

ON-SITE AMENITIES & FEATURES:

  • Outdoor Plaza + Greenspace
  • Outdoor Seating + Wifi
  • Secure Indoor Bike Storage
  • Grab-and-Go Concession
  • Renovated Lobby
  • One-of-a-kind Views of Downtown Durham

PARKING:

  • 3 spaces per 1,000 SF included
  • 140 Surface Parking Spaces
  • 100 Covered Parking Spaces

IMPROVEMENTS:

  • Full HVAC replacement that will provide among the cleanest of any office building in North Carolina

Property Details

Address
411 W Chapel Hill St.
Square Feet
1,484 - 63,816
Pricing
Call for details

Contact Information

Contact Name
Brad Corsmeier - brad.corsmeier@cbre-raleigh.com
Contact Phone
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