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LEGACY TOWER OFFICE SPACE AVAILABLE 411 West Chapel Hill Street Durham, NC 27701 Arnold Siegmund | Principal, Brokerage | 919.420.1573 | [email protected] $11 Million in Capital Improvements Underway in 2017

LEGACY TOWER - LoopNetimages3.loopnet.com/d2/_W5Irg97BotYBUmKOKD2WWV6eRVncsfg9... · 2017-07-21 · Durham, Legacy Tower is within walking distance to many restaurants, entertainment

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LEGACYTOWER

OFFICE SPACE AVAILABLE

411 West Chapel Hill StreetDurham, NC 27701

Arnold Siegmund | Principal, Brokerage | 919.420.1573 | [email protected]

$11 Million in Capital Improvements Underwayin 2017

LEGACYTOWER411 West Chapel Hill StreetDurham, NC 27701

Arnold Siegmund | Principal, Brokerage | 919.420.1573 | [email protected]

Overview

Built in 1965, Legacy Tower is in the heart of Downtown Durham’s renaissance. For many years, this iconic tower was the tallest building in Durham standing 12 stories high. The building was strategically placed at the peak of the development site in order to emphasize the structure’s prominence in the area. Each truss is 21 feet high and spans 110 feet, including a 34-foot cantilever at each end.1

The property was acquired by Greenfire Development in 2006 but has raised capital in 2016 to re-position the building. With this new ownership group, Legacy Tower will undertake a renaissance of its own with more than $11 million in capital improvements. Renovations are underway and when complete, this restored Class A property will become one of Downtown Durham’s most sought-after office addresses. Planned renovations include remodeled and expanded lobby; 13,000 sf of newly leasable space on first floor and mezzanine; AV-equipped common conference rooms; improved locker rooms and concessions market; new exterior lighting; clean, restored, and repaired facade; day-light into concourse and lower level with skylights and clerestory windows. In addition, the lower level will be upgraded to ADA standards. With these and many more improvements, Legacy Tower will once again offer occupants a premier environment for business.

1Source: Emporis.com

Parking rendering

Renovated lobby

LEGACYTOWER411 West Chapel Hill StreetDurham, NC 27701

Arnold Siegmund | Principal, Brokerage | 919.420.1573 | [email protected]

Concourse floorplan rendering

LocationLocated in the American Tobacco District of Downtown Durham, Legacy Tower is within walking distance to many restaurants, entertainment venues, hotels, retail shops and apartments. The Durham Bulls Athletic Park, home to the Durham Bulls minor league baseball team, and Durham Performing Arts Center, are both within walking distance to Legacy Tower. The Highway 147 (Durham Freeway) interchange is two blocks away, and Duke University is just one mile away. Interstate 40, and the world-renowned Research Triangle Park, are a short 10-minute drive away, with Raleigh-Durham International Airport a short 15-minute drive away.

a RDU

International Airport

Research Triangle

Park

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RaleighRaleighRaleighRaleigh

DurhamDurhamDurhamDurham

Cary

Chapel HillChapel HillChapel HillChapel Hill

Apex

Morrisville

Garner

Holly Springs

Fuquay-Varina

Lower level

Available for LeaseType Class A Office Building

Building Size 183,835 sf

Rental Rate $26.00 - $29.00/sf, Full Service

Available Space Lower Level: Concourse Level: First Floor: Mezzanine: Fourth Floor: Ninth Floor:

13,774 sf – Available November 201718,970 sf – Available November 20177,009 sf – Available November 20178,888 sf – Available November 201711,612 sf – Available September 201712,533 sf – Available August 2017

On-Site Parking 3/1,000 sf ratio (additional cost)

LEGACYTOWER

Concourse interior rendering - skylight

Concourse to lower level rendering

Arnold Siegmund | Principal, Brokerage | 919.420.1573 | [email protected]

411 West Chapel Hill StreetDurham, NC 27701

Capital Improvements

• Outdoor patio area• Building facade restoration• New front entryway• Concourse level community space and

café/bistro• Lobby renovations• Lower-level conference rooms• Lower-level fitness center and showers

• Parking garage expansion• Mechanical and HVAC

modernization• Card access security system• Restroom renovations• New building lighting package• Interior bike rack and lockers

Arnold Siegmund | Principal, Brokerage | 919.420.1573 | [email protected]

LEGACYTOWER411 West Chapel Hill StreetDurham, NC 27701

Lower Level13,774 sfAvailable November 2017

Concourse Level18,970 sfAvailable November 2017

4,059 sf

9,715 sf

18,300 sf

670 sf

Arnold Siegmund | Principal, Brokerage | 919.420.1573 | [email protected]

LEGACYTOWER411 West Chapel Hill StreetDurham, NC 27701

Lobby Level7,009 sfAvailable November 2017

Mezzanine Level8,888 sfAvailable November 2017

Arnold Siegmund | Principal, Brokerage | 919.420.1573 | [email protected]

LEGACYTOWER411 West Chapel Hill StreetDurham, NC 27701

Fourth Floor11,612 sf Available September 2017

Ninth Floor12,533 sf Available August 2017

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W. Morgan Street

Ramseur Street

W. Pettigrew Street

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CITY CENTER

DISTRICT

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W. Chapel Hill Street

BRIGHTLEAF SQUARE

DISTRICT

WEST VILLAGE DISTRICT

AMERICAN TOBACCO DISTRICT

N. D

uke

Stre

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W. Morgan Street

Morris Street

Legacy Tower

Arnold Siegmund | Principal, Brokerage | 919.420.1573 | [email protected]

LEGACYTOWER411 West Chapel Hill StreetDurham, NC 27701

Area Amenities Map