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Retail Space in Chapel Hill
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101 Village Center Drive, Chapel Hill, NC 27516

Retail property available for lease in Chapel Hill, North Carolina.

Days on Market250

Property Features for 101 Village Center Drive

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Raleigh
Listed By: Matt Larson
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 30 at 3:12AM

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 | Raleigh

Investment Insights

Based on property information with market context.

Located at 101 Village Center Drive in Chapel Hill, North Carolina, this property is suitable for retail and other retail purposes. The property is available for lease.

Key Highlights

  • Retail property
  • Available for lease
  • Prime Chapel Hill location

Property Analytics

Current Use

Retail properties & Spaces

Suggested Use

Top Pick Electrical Service Building Supply Plumbing Service Kitchen & Bath Showroom Auto Repair Shop Skin Care Clinic

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

431
Businesses Nearby
111k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Groceries 27% Shops & Services 12% Home Improvements & Furnishings 1%
Chick-fil-A Dining
46,107 visits/mo 0.1 miles
Harris Teeter Groceries
29,845 visits/mo 0.4 miles
Starbucks Dining
19,199 visits/mo 0.2 miles
Pet Supplies Plus Shops & Services
6,674 visits/mo 0.4 miles
The UPS Store Shops & Services
3,772 visits/mo 0.5 miles

Demographics for 27516, NC

45,841
Population
18,684
Households
2.5
Avg Household Size
35
Median Age
72%
College-Educated
96%
High-School Grad
93.5 sq mi
ZIP Area
490
Density / Sq Mi
$100,788
Median Household Income
$48,638
Median Earnings
$1,446
Median Rent
$508,400
Median Home Value

Market

Properties on Market for Retail properties & Spaces in Chapel Hill

Jan
Feb
Mar
Apr
May
Jun

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 property - Retail property available for lease in Chapel Hill, North Carolina.
Where is this retail property located?
The property is located at 101 Village Center Drive Chapel Hill, NC.
What are key features of this property?
This property features: Retail property; Available for lease; Prime Chapel Hill location
More about this property
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