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Two-Building Multi-Tenant Retail
For Sale
Contact for pricing
Pending

109 E Franklin St, Chapel Hill, NC 27514

Two occupied retail buildings totaling 13,507 SF on Franklin Street in Chapel Hill.

Property Size13,507 SF
Days on Market43

Property Features for 109 E Franklin St

General Information

Standard status Pending
Size 13,507 SF
Property subtype Mixed Use

Building Details

Buildings 2
Tenancy Multi
Listing Agency: CBRE Charlotte
Listed By: Steve Shields · License #NC 222966
Source: Crexi
Added: Jul 28 Changed: Sep 8 Last Checked: Apr 12 at 5:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE Charlotte

Investment Insights

Based on property information with market context.

The offering includes two retail buildings comprising 13,507 square feet, currently occupied by a collection of local tenants that serve the surrounding community. The property is presented for sale as a multi-tenant retail investment.

The buildings are located at 109–117 East Franklin Street in Chapel Hill, North Carolina. The remarks describe Franklin Street as a central gathering place for the University of North Carolina and the town of Chapel Hill, supported by the area’s connection to UNC and the UNC Medical Center, which serves over 37,000 people per year.

This is a straightforward, occupied retail asset with two building addresses on a well-known Chapel Hill corridor.

Key Highlights

  • Two occupied retail buildings on Franklin Street in Chapel Hill, totaling 13,507 SF
  • Tenants serve the surrounding community, with local retail tenants in place
  • Located in Chapel Hill along Franklin Street, described as UNC and town social center

Property Analytics

Current Use

Mgallc Factory Epilogue Books Chocolate ... (Bike/Boat/Book/etc) Store SunPocket Management LLC Financial Advisor The Daily Tar Heel Publishing House Michael & Laura Brader-Araje ... Charitable Organization

Suggested Use

Top Pick Storage Facility Locksmith Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,994
Businesses Nearby
66k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 82% Shops & Services 18%
McDonald's Dining
19,905 visits/mo 0.3 miles
Chipotle Mexican Grill Dining
15,208 visits/mo 0.3 miles
Panera Bread Dining
12,942 visits/mo 0.2 miles
State Employees Credit Union Shops & Services
3,904 visits/mo 0.5 miles
Cold Stone Creamery Dining
3,290 visits/mo 0.1 miles

Demographics for 27514, NC

33,809
Population
11,470
Households
2.9
Avg Household Size
27
Median Age
80%
College-Educated
98%
High-School Grad
19.6 sq mi
ZIP Area
1,725
Density / Sq Mi
$94,167
Median Household Income
$25,145
Median Earnings
$1,491
Median Rent
$628,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Two occupied retail buildings totaling 13,507 SF on Franklin Street in Chapel Hill.
Where is this retail space located?
The property is located at 109 E Franklin St Chapel Hill, NC.
What are key features of this property?
This property features: Two occupied retail buildings on Franklin Street in Chapel Hill, totaling 13,507 SF; Tenants serve the surrounding community, with local retail tenants in place; Located in Chapel Hill along Franklin Street, described as UNC and town social center
(704) 331-1278 Call to check price and availability
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