Sir Walter Raleigh

400 Fayetteville Street Raleigh, NC 27601

Raleigh
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Jan 23, 2025

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Highlights

  • Built in 1924
  • Prime location in Downtown Raleigh
  • Former Sir Walter Hotel
  • On the National Register of Historic Places/Raleigh historic landmark
  • Designed by Raleigh architect James A. Slater
  • Vibrant nightlife
  • 94 Walk Score
  • Delivery in warm, vanilla shell

Description

Built in 1924 with a prime location in Downtown Raleigh. The former Sir Walter Hotel is on the National Register of Historic Places/Raleigh historic landmark. This building was designed by Raleigh architect James A. Slater


Downtown Raleigh on Fayetteville Street.


Year Built: 1924
Building Size: 168600sq ft
Lot Size: 0 acres


Documents

Fayetteville St 400 Sir Walter Raleigh 2024.pdf

Units for Lease

Davie Street- Main Level
Space Available: 969 SF
Lease Type: NNN

Price Per Sqft/Year: $27.00
Davie and Salisbury Street - Ground Floor + Mezzanine
Space Available: 2169 SF
Lease Type: NNN

Price Per Sqft/Year: $27.00
Former Chick-Fil-A
Space Available: 3916 SF
Lease Type: NNN

Price Per Sqft/Year: $30.00
Davie Street-Lower Level
Space Available: 1495 SF
Lease Type: NNN

Price Per Sqft/Year: $27.00
Fayetteville Street-Suite B
Space Available: 1150 SF
Lease Type: NNN

Price Per Sqft/Year: $30.00

Map of 400 Fayetteville Street, Raleigh, NC, 27601

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.