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415 Hillsborough St 1,500 - 6,000 SF of Office Space Available in Raleigh, NC 27603
HIGHLIGHTS
- Prime corner location in downtown Raleigh’s Hillsborough Street corridor
- Flexible ground and second-floor suites with modern open layouts
- Available Q2 2026 with potential for demising to suit tenant needs
- Surrounded by top dining, retail, and entertainment including Glenwood South
- High traffic visibility with over 24,000 CPD nearby
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500-3,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor | 1,500-3,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
-MODERN OPEN WORKSPACE -GROUND FLOOR AND SECOND FLOOR SUITES AVAILABLE -AVAILABLE Q2 2026
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 4 - 24 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 6,000 SF of adjacent space
2nd Floor
-MODERN OPEN WORKSPACE -GROUND FLOOR AND SECOND FLOOR SUITES AVAILABLE -AVAILABLE Q2 2026
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 4 - 24 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 6,000 SF of adjacent space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 415 HILLSBOROUGH ST, RALEIGH, NC 27603
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Lynch Mykins Structural Engineers Pc A North...
- Other Office
- 166
- International
- Satisky & SILVERSTEIN LLP
- Legal
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Lynch Mykins Structural Engineers Pc A North... | Other Office | 166 | International |
| Satisky & SILVERSTEIN LLP | Legal | 1 | - |
PROPERTY FACTS
| Total Space Available | 6,000 SF | Gross Leasable Area | 6,000 SF |
| Min. Divisible | 1,500 SF | Year Built | 1945 |
| Property Type | Retail | Cross Streets | West St |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 6,000 SF |
| Min. Divisible | 1,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 6,000 SF |
| Year Built | 1945 |
| Cross Streets | West St |
ABOUT THE PROPERTY
Positioned at a prominent corner in Raleigh’s historic Hillsborough Street corridor, 415 Hillsborough Street offers a rare opportunity to lease modern office space in one of the city’s most dynamic urban districts. The property features flexible ground and second-floor suites with open layouts, ideal for creative firms, tech companies, or professional services seeking visibility and walkable amenities. Surrounded by a vibrant mix of restaurants, breweries, and cultural destinations—including Glenwood South, Morgan Street Food Hall, and State of Beer—this location places tenants at the center of downtown Raleigh’s energy. The site benefits from strong traffic counts and proximity to major employment hubs, with over 40,000 businesses within a 3-mile radius and projected population growth exceeding 8% through 2029. Raleigh continues to earn national recognition for its business climate, remote work infrastructure, and quality of life. With nearby access to Union Station, major highways, and a thriving food and beverage scene, 415 Hillsborough Street offers both convenience and character in a market known for innovation and growth.
- Bus Line
- Signage
- Signalized Intersection
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415 Hillsborough St
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