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Historic Capital Club Building 16 W Martin St

580 - 18,969 SF of 4-Star Space Available in Raleigh, NC 27601

Highlights

  • Three full floors are available at 3,955-SF each or up to 11,865-SF of contiguous space, with monthly parking options available in nearby garages.
  • Immediate access to S Dawson St/S McDowell St (US-70), the city's main thoroughfares, and permanent parking in multiple lots within two blocks.
  • Within one block are multiple GoRaleigh bus stops and three blocks to the GoRaleigh Station, servicing downtown and surrounding communities.
  • Small offices ranging from 600-SF to 2,000-SF appeal to solopreneurs and mid-sized tenants.
  • Surrounded by a healthy mixture of upscale dining establishments, casual restaurants, and hip bars, including Capital Club 16 on the ground floor.

all available spaces(10)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Space Use
  • Condition
  • Available
  • 1st Floor, Ste 101
  • 1,583 SF
  • Negotiable
  • £25.25 /SF/PA £2.10 /SF/MO £271.77 /m²/PA £22.65 /m²/MO £39,968 /PA £3,331 /MO
  • Retail
  • -
  • Now

Compromised of three offices, open space, conference room and one restroom. Suite 101 @ 1,583 SF Lease Rate: $32.00/SF, Modified Gross

  • Listed rate may not include certain utilities, building services and property expenses
  • Finished Ceilings: 10 ft
  • 1st Floor, Ste 102
  • 2,610 SF
  • Negotiable
  • £19.72 /SF/PA £1.64 /SF/MO £212.32 /m²/PA £17.69 /m²/MO £51,482 /PA £4,290 /MO
  • Retail
  • -
  • Now

Suite 102 @ 2,610 SF LEASE RATE $25.00/SF, NNN » 2nd gen restaurant space (formerly Capital Club 16) with frontage on W. Martin St and S. Salisbury St » Capable of seating up to 55 guests (74 person occupancy limit) » Contains full bar, two restrooms, grease trap, kitchen FF&E available

  • Lease rate does not include utilities, property expenses or building services
  • 2nd Floor, Ste 204-205
  • 817 SF
  • Negotiable
  • £19.72 /SF/PA £1.64 /SF/MO £212.32 /m²/PA £17.69 /m²/MO £16,115 /PA £1,343 /MO
  • Office
  • -
  • Now

Pre-built suite

  • Rate includes utilities, building services and property expenses
  • 2nd Floor, Ste 206-207
  • 686 SF
  • Negotiable
  • £19.72 /SF/PA £1.64 /SF/MO £212.32 /m²/PA £17.69 /m²/MO £13,531 /PA £1,128 /MO
  • Office
  • -
  • Now
  • Rate includes utilities, building services and property expenses
  • 3rd Floor, Ste 304-305
  • 580 SF
  • Negotiable
  • £19.72 /SF/PA £1.64 /SF/MO £212.32 /m²/PA £17.69 /m²/MO £11,440 /PA £953.37 /MO
  • Office
  • -
  • Now

pre-built suite

  • Rate includes utilities, building services and property expenses
  • 3rd Floor, Ste 308-310
  • 1,076 SF
  • Negotiable
  • £18.15 /SF/PA £1.51 /SF/MO £195.33 /m²/PA £16.28 /m²/MO £19,526 /PA £1,627 /MO
  • Office
  • -
  • Now
  • Rate includes utilities, building services and property expenses
  • 4th Floor, Ste 401
  • 2,623 SF
  • Negotiable
  • £21.30 /SF/PA £1.78 /SF/MO £229.30 /m²/PA £19.11 /m²/MO £55,878 /PA £4,656 /MO
  • Office
  • -
  • Now
  • Rate includes utilities, building services and property expenses
  • 4th Floor, Ste 402
  • 1,084 SF
  • Negotiable
  • £19.72 /SF/PA £1.64 /SF/MO £212.32 /m²/PA £17.69 /m²/MO £21,382 /PA £1,782 /MO
  • Office
  • -
  • Now
  • Rate includes utilities, building services and property expenses
  • 5th Floor, Ste 500
  • 3,955 SF
  • Negotiable
  • £18.15 /SF/PA £1.51 /SF/MO £195.33 /m²/PA £16.28 /m²/MO £71,771 /PA £5,981 /MO
  • Office
  • Full Build-Out
  • Now
  • Rate includes utilities, building services and property expenses
  • Space is in Excellent Condition
  • High Ceilings
  • Fully Built-Out as Standard Office
  • Fully Carpeted
  • Natural Light
  • 6th Floor, Ste 600
  • 3,955 SF
  • Negotiable
  • £18.15 /SF/PA £1.51 /SF/MO £195.33 /m²/PA £16.28 /m²/MO £71,771 /PA £5,981 /MO
  • Office
  • -
  • Now
  • Rate includes utilities, building services and property expenses
Space Size Term Rent Space Use Condition Available
1st Floor, Ste 101 1,583 SF Negotiable £25.25 /SF/PA £2.10 /SF/MO £271.77 /m²/PA £22.65 /m²/MO £39,968 /PA £3,331 /MO Retail - Now
1st Floor, Ste 102 2,610 SF Negotiable £19.72 /SF/PA £1.64 /SF/MO £212.32 /m²/PA £17.69 /m²/MO £51,482 /PA £4,290 /MO Retail - Now
2nd Floor, Ste 204-205 817 SF Negotiable £19.72 /SF/PA £1.64 /SF/MO £212.32 /m²/PA £17.69 /m²/MO £16,115 /PA £1,343 /MO Office - Now
2nd Floor, Ste 206-207 686 SF Negotiable £19.72 /SF/PA £1.64 /SF/MO £212.32 /m²/PA £17.69 /m²/MO £13,531 /PA £1,128 /MO Office - Now
3rd Floor, Ste 304-305 580 SF Negotiable £19.72 /SF/PA £1.64 /SF/MO £212.32 /m²/PA £17.69 /m²/MO £11,440 /PA £953.37 /MO Office - Now
3rd Floor, Ste 308-310 1,076 SF Negotiable £18.15 /SF/PA £1.51 /SF/MO £195.33 /m²/PA £16.28 /m²/MO £19,526 /PA £1,627 /MO Office - Now
4th Floor, Ste 401 2,623 SF Negotiable £21.30 /SF/PA £1.78 /SF/MO £229.30 /m²/PA £19.11 /m²/MO £55,878 /PA £4,656 /MO Office - Now
4th Floor, Ste 402 1,084 SF Negotiable £19.72 /SF/PA £1.64 /SF/MO £212.32 /m²/PA £17.69 /m²/MO £21,382 /PA £1,782 /MO Office - Now
5th Floor, Ste 500 3,955 SF Negotiable £18.15 /SF/PA £1.51 /SF/MO £195.33 /m²/PA £16.28 /m²/MO £71,771 /PA £5,981 /MO Office Full Build-Out Now
6th Floor, Ste 600 3,955 SF Negotiable £18.15 /SF/PA £1.51 /SF/MO £195.33 /m²/PA £16.28 /m²/MO £71,771 /PA £5,981 /MO Office - Now

1st Floor, Ste 101

Size
1,583 SF
Term
Negotiable
Rent
£25.25 /SF/PA £2.10 /SF/MO £271.77 /m²/PA £22.65 /m²/MO £39,968 /PA £3,331 /MO
Space Use
Retail
Condition
-
Available
Now

1st Floor, Ste 102

Size
2,610 SF
Term
Negotiable
Rent
£19.72 /SF/PA £1.64 /SF/MO £212.32 /m²/PA £17.69 /m²/MO £51,482 /PA £4,290 /MO
Space Use
Retail
Condition
-
Available
Now

2nd Floor, Ste 204-205

Size
817 SF
Term
Negotiable
Rent
£19.72 /SF/PA £1.64 /SF/MO £212.32 /m²/PA £17.69 /m²/MO £16,115 /PA £1,343 /MO
Space Use
Office
Condition
-
Available
Now

2nd Floor, Ste 206-207

Size
686 SF
Term
Negotiable
Rent
£19.72 /SF/PA £1.64 /SF/MO £212.32 /m²/PA £17.69 /m²/MO £13,531 /PA £1,128 /MO
Space Use
Office
Condition
-
Available
Now

3rd Floor, Ste 304-305

Size
580 SF
Term
Negotiable
Rent
£19.72 /SF/PA £1.64 /SF/MO £212.32 /m²/PA £17.69 /m²/MO £11,440 /PA £953.37 /MO
Space Use
Office
Condition
-
Available
Now

3rd Floor, Ste 308-310

Size
1,076 SF
Term
Negotiable
Rent
£18.15 /SF/PA £1.51 /SF/MO £195.33 /m²/PA £16.28 /m²/MO £19,526 /PA £1,627 /MO
Space Use
Office
Condition
-
Available
Now

4th Floor, Ste 401

Size
2,623 SF
Term
Negotiable
Rent
£21.30 /SF/PA £1.78 /SF/MO £229.30 /m²/PA £19.11 /m²/MO £55,878 /PA £4,656 /MO
Space Use
Office
Condition
-
Available
Now

4th Floor, Ste 402

Size
1,084 SF
Term
Negotiable
Rent
£19.72 /SF/PA £1.64 /SF/MO £212.32 /m²/PA £17.69 /m²/MO £21,382 /PA £1,782 /MO
Space Use
Office
Condition
-
Available
Now

5th Floor, Ste 500

Size
3,955 SF
Term
Negotiable
Rent
£18.15 /SF/PA £1.51 /SF/MO £195.33 /m²/PA £16.28 /m²/MO £71,771 /PA £5,981 /MO
Space Use
Office
Condition
Full Build-Out
Available
Now

6th Floor, Ste 600

Size
3,955 SF
Term
Negotiable
Rent
£18.15 /SF/PA £1.51 /SF/MO £195.33 /m²/PA £16.28 /m²/MO £71,771 /PA £5,981 /MO
Space Use
Office
Condition
-
Available
Now

1st Floor, Ste 101

Size 1,583 SF
Term Negotiable
Rent £25.25 /SF/PA
Space Use Retail
Condition -
Available Now

Compromised of three offices, open space, conference room and one restroom. Suite 101 @ 1,583 SF Lease Rate: $32.00/SF, Modified Gross

  • Listed rate may not include certain utilities, building services and property expenses
  • Finished Ceilings: 10 ft

1st Floor, Ste 102

Size 2,610 SF
Term Negotiable
Rent £19.72 /SF/PA
Space Use Retail
Condition -
Available Now

Suite 102 @ 2,610 SF LEASE RATE $25.00/SF, NNN » 2nd gen restaurant space (formerly Capital Club 16) with frontage on W. Martin St and S. Salisbury St » Capable of seating up to 55 guests (74 person occupancy limit) » Contains full bar, two restrooms, grease trap, kitchen FF&E available

  • Lease rate does not include utilities, property expenses or building services

2nd Floor, Ste 204-205

Size 817 SF
Term Negotiable
Rent £19.72 /SF/PA
Space Use Office
Condition -
Available Now

Pre-built suite

  • Rate includes utilities, building services and property expenses

2nd Floor, Ste 206-207

Size 686 SF
Term Negotiable
Rent £19.72 /SF/PA
Space Use Office
Condition -
Available Now

  • Rate includes utilities, building services and property expenses

3rd Floor, Ste 304-305

Size 580 SF
Term Negotiable
Rent £19.72 /SF/PA
Space Use Office
Condition -
Available Now

pre-built suite

  • Rate includes utilities, building services and property expenses

3rd Floor, Ste 308-310

Size 1,076 SF
Term Negotiable
Rent £18.15 /SF/PA
Space Use Office
Condition -
Available Now

  • Rate includes utilities, building services and property expenses

4th Floor, Ste 401

Size 2,623 SF
Term Negotiable
Rent £21.30 /SF/PA
Space Use Office
Condition -
Available Now

  • Rate includes utilities, building services and property expenses

4th Floor, Ste 402

Size 1,084 SF
Term Negotiable
Rent £19.72 /SF/PA
Space Use Office
Condition -
Available Now

  • Rate includes utilities, building services and property expenses

5th Floor, Ste 500

Size 3,955 SF
Term Negotiable
Rent £18.15 /SF/PA
Space Use Office
Condition Full Build-Out
Available Now

  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • Fully Carpeted
  • High Ceilings
  • Natural Light

6th Floor, Ste 600

Size 3,955 SF
Term Negotiable
Rent £18.15 /SF/PA
Space Use Office
Condition -
Available Now

  • Rate includes utilities, building services and property expenses

Property Overview

An elegant and iconic landmark, in the heart of vibrant downtown Raleigh. Capital Club, an art deco-style building in the heart of vibrant and bustling downtown Raleigh, surrounded by a copious restaurant scene and nightlife. This iconic historical landmark, designed in 1929 by acclaimed architect, Frank B. Simpson — offers tenants the modern conveniences they need with a uniquely distinguished vintage flair. Newly completed pre-built suites include fresh paint, carpet, and furniture - Suite 204-205; Suite 206-207; and Suite 304-305. . » Lease Rate: $29.00/SF, FS | Office Availability » Lease Rate: $37.00/SF, net of janitorial and utilities | Retail Availability » Suites available ranging from 686 sf up to 3,955 sf » High ceilings and generous-sized windows on all floors with exceptional panoramic views of the city » Amenity-rich location with coffee shops, cocktail bars, restaurants, and various entertainment options » Parking available within a 1 minute walk » A Walker’s Paradise, with Walk Score of 97 Located a half mile from Capital Blvd (US-401) and Union Station — Raleigh’s state-of-the-art transportation hub for the rapid bus system, commuter train and future light-rail service, provides tenants with multiple convenient options for their commute. Capital Club 16 - Ground Level Capital Club 16 has been a community restaurant and gathering place for close to ten years. CC16 is a traditional American restaurant with European influences offering straight forward, scratch made meals inspired by classic dishes and time tested family recipes, using local and seasonal ingredients. The Cannon Room - 12th Floor The Cannon Room, named after Isabella Cannon, the first female Mayor of Raleigh in the late 70s, is a timeless art deco event space offering an abundance of natural light and spectacular panoramic views of the city. For rent as availability allows — this space is ideal for tenant functions, celebrations, and private events.

  • Bus Route
  • Controlled Access
  • Restaurant
  • Signage
  • Reception
  • Central Heating
  • Natural Light
  • Reception
  • Air Conditioning
  • Smoke Detector

PROPERTY FACTS

Building Type
Office
Year Built/Renovated
1930/2018
LoopNet Rating
4 Star
Number of Floors
12
Building Size
55,522 SF
Building Class
A
Typical Floor Size
4,626 SF
Unfinished Ceiling Height
10 ft
Parking
Surface Parking
Covered Parking
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (76)
Bike Score ®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 21091064

  • Date on Market: 31/10/2024

  • Last Updated:

  • Address: 16 W Martin St, Raleigh, NC 27601

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