Listing Agency: Morris Commercial

Listed By: John Morris · License #NC 28460

Source: Crexi

Added: Apr 11 Changed: Jul 22 Last Checked: Jul 29 at 11:14AM

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Investment Insights

Based on property information with market context.

This offering is a retail property for sale totaling approximately 3,600 SF.

The property is located at 400 W Franklin Street in Chapel Hill, NC (zip code 64068).

Key Highlights

• Retail property for sale with approximately 3,600 SF of space.

Property Analytics

Current Use

Gualtieri Thomas C ... Physician President's House Tour Operator Tropical Smoothie Cafe Specialty Food Shop

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Locksmith Home Appliance Store Pet Grooming Service Butcher

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

Location Intelligence

Trade Area within ½ mile

4,495

Businesses Nearby

87k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 69% Shops & Services 19% Hotels & Casinos 12%

McDonald's Dining

19,905 visits/mo 0.1 miles

Chipotle Mexican Grill Dining

15,208 visits/mo

Panera Bread Dining

12,942 visits/mo 0.0 miles

Hampton Inn & Suites Carrboro/Chapel Hill Hotels & Casinos

10,359 visits/mo 0.5 miles

State Employees Credit Union Shops & Services

3,904 visits/mo 0.4 miles

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property offered for sale with approximately 3,600 SF of space.

Where is this retail space located?

The property is located at 400 W Franklin Street Chapel Hill, NC.

What are key features of this property?

This property features: Retail property for sale with approximately 3,600 SF of space.