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Restaurant Space

127 E Franklin Street, Chapel Hill, NC 27516

For Lease
Contact for pricing

The rental offering is situated in Chapel Hill, North Carolina.

Space Size2,140 SF
Days on Market56

Property Features for 127 E Franklin Street

General Information

Standard status Active
Size 2,140 SF
Property subtype Restaurant

Spaces For Lease

at 127 E Franklin Street
Available Space Active
Size 2,140 SF
Contact us
Listing Agency: York Properties, Inc
Listed By: James Troxler · License NC #296933
Source: Crexi
Added: Sep 15 Changed: Nov 8 Last Checked: Nov 8 at 4:41PM

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 York Properties, Inc

Rey
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Investment Insights

Based on property information with market context.

A restaurant property is available for rent at 127 E. Franklin Street in Chapel Hill, North Carolina 27514-3620.

Key Highlights

  • Address: 127 E. Franklin Street, Chapel Hill, NC

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,994
Businesses Nearby
66k
Monthly Visits Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • The Agora at Granville Towers — Granville Towers West, Granville Towers Ln, Chapel Hill, NC 27516

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The rental offering is situated in Chapel Hill, North Carolina.
Where is this conventional restaurant located?
The property is located at 127 E Franklin Street Chapel Hill, NC.
What are key features of this property?
This property features: Address: 127 E. Franklin Street, Chapel Hill, NC
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