Retail For Sale/Lease

5,671 SF for Lease in Downtown Chapel Hill

Highlights

  • Rare opportunity to invest in iconic Chapel Hill Corner - 5,671 SF total available
  • Directly across from UNC-Chapel Hill Campus with 30,000 students and 12,000 staff and faculty
  • Irreplaceable Asset at Franklin St and Columbia St (“Main & Main”)
  • Upside opportunity to lease prime endcap space on Franklin St
  • Franklin Street is Chapel Hill’s social epicenter for UNC students and staff, area residents, visitors and daytime workers
  • Extreme barriers to entry for new development
  • Value Creation in leasing 2nd Floor Space
  • Affluent and highly educated demographic base
  • Daytime population over 84,000 within 3-mile radius
  • Adjacent to UNC Medical Center with a staff of more than 7,100 employees which serves more than 37,000 people per year
  • Walking distance to the planned Innovation Hub project which will add 370,000 sf of office/wet lab space and generate 800 new jobs in downtown Chapel Hill
  • Property Located in Opportunity Zone

Sizes and Measurements

MINIMUM SPACE AVAILABLE

1,887 sqft

Spaces Available

Suite 1
1,887 sqft
Retail
1,887 sqft
Retail

Status

Available

Lease Type

Direct

Suite 2
3,784 sqft
Retail
3,784 sqft
Retail

Status

Available

Lease Type

Direct

Pricing Information

LEASE TYPE

Direct

SALE PRICE

Contact Broker for Pricing

LEASE RATE

Contact Broker for Pricing

Lease Rate Type

Triple Net (NNN)

Photos

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