Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    114 Russet Run Pittsboro, NC 27312

    For Lease
    Contact for pricing

    Multi-tenant retail center with immediate availability in Pittsboro, NC.

    Property size:
    14,000 SF
    Lot size:
    14,000 SF

    Property Features for 114 Russet Run

    General Information

    Size
    14,000 SF

    Source: Cole Pennell Agent Cole Pennell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center in Chatham Park

    Penguin Place is a multi-tenant retail center encompassing 14,000 square feet across three buildings. It is located along US 15-501 Highway at the entrance to Chatham Park, adjacent to MOSAIC. The center is home to destinations such as The Root Cellar Café, House of Hops, Mi Cancun, and several professional service offices. An end cap unit, formerly Allen Tate, is available immediately. The unit spans 1,220 square feet and is currently built out for professional services, featuring a reception area, two private offices, a conference room, and a break room. TICAM is $7.50 per square foot per year. Lease rate is available by calling the brokers.
    Location Intelligence

    Current Use by Public Records

    Mi Cancun Mexican Restaurant Michele Newton Hobaugh, ... Real Estate Consultant Brick City Realty ... Real Estate Agent Edward Jones - Financial ... Financial Consultant Allen Tate Realtors ... Real Estate Agency

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pittsboro
    County
    Chatham
    State
    North Carolina
    Longitude
    -79.1643751
    Latitude
    35.7552029

    Nearby Similar for Lease

    • $4,700 /Mo
      2,960 SF

      Versatile Commercial Space in Pittsboro

      Flexible commercial space in downtown Pittsboro, suitable for various businesses.
      121 Thompson St, Pittsboro, NC 27312
      View Details
    • $3,500 /Mo
      2,000 SF

      Downtown Pittsboro Commercial Space Available

      2000 sq ft commercial space in vibrant downtown Pittsboro.
      45 W Salisbury St, Pittsboro, NC 27312
      View Details
    • Contact for pricing
      8,235 SF

      Retail/Office Space in Mosaic

      Second-generation retail/office and restaurant spaces with great visibility.
      60 Mosaic Blvd, Pittsboro, NC 27312
      View Details
    • Contact for pricing
      35,000 SF

      Retail Spaces in Mosaic Community

      Retail spaces available for lease in mixed-use Mosaic community.
      Mosaic Blvd, Pittsboro, NC 27312
      View Details
    • Contact for pricing
      126,036 SF

      MOSAIC Office Space: Pittsboro, NC

      Modern Office Suites in Thriving Chatham Park
      0 Mosaic Blvd, Pittsboro, NC 27312
      View Details
    • $19 SF/Yr
      46,440 SF

      Chatham Commons Retail Space Available

      Prime Chatham County retail space for lease.
      630 East St, Pittsboro, NC 27312
      View Details

    FAQs

    What type of property is this?
    Shopping center - Multi-tenant retail center with immediate availability in Pittsboro, NC.
    Where is this shopping center located?
    The property is located at 114 Russet Run Pittsboro, NC.
    What are key features of this property?
    This property features: - Located at the entrance of Chatham Park and MOSAIC along US 15-501 Hwy.; - End cap unit with high visibility.; - Space is available immediately.
    (704) 975-0164
    Request Owner's contact information
    114 Russet Run Pittsboro, NC 27312
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    114 Russet Run
    Pittsboro, NC 27312
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 Russet Run Pittsboro, NC 27312
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.