Retail Space Near UNC
For Lease
Contact for pricing
123 West Franklin Street, Chapel Hill, NC 27516
Dynamic mixed-use project near UNC's campus on Franklin Street.
Space Size1,197 SF - 2,310 SF
Days on Market296
Property Features for 123 West Franklin Street
General Information
Standard status
Active
Size
1,197 SF - 2,310 SF
Property subtype
Retail
Spaces For Lease
at 123 West Franklin Street Contact us- Size
- 2,310 SF
- Type
- Retail
- Availability
- Available
Suite 110
- Size
- 1,197 SF
- Availability
- Available
Suite 150
- Size
- 2,140 SF
- Availability
- Available
Suite 170
Listing Agency:
CBRE | Raleigh
Listed By:
Charlie Coyne
(919) 831-8233
Source:
Cbre
Added: Nov 22, 2025
Changed: Sep 3
Last Checked: Sep 13 at 4:57AM
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.
Carolina Square is a mixed-use project intended to serve as a hub of activity in Chapel Hill. The site offers exposure and access to the UNC campus along Franklin Street. The property contains 4450 square feet of retail space.
Key Highlights
- Dynamic mixed‑use project.
- New hub of activity in Chapel Hill.
- Unparalleled exposure.
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,994
Businesses Nearby
66k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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 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
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Coinstar Kiosk - Bitcoin ATM — Harris Teeter, 310 N Greensboro St, Carrboro, NC 27510
- East Main Square — 380 E Main St, Carrboro, NC 27510
- Greenbridge Condominiums — 601 W Rosemary St, Chapel Hill, NC 27516
- The Central — 137 E Franklin St, Chapel Hill, NC 27514
Frequently Asked Questions
What type of property is this?
Shopping center - Dynamic mixed-use project near UNC's campus on Franklin Street.
Where is this shopping center located?
The property is located at 123 West Franklin Street Chapel Hill, NC.
What are key features of this property?
This property features: Dynamic mixed‑use project.; New hub of activity in Chapel Hill.; Unparalleled exposure.
