501 Eastowne Drive Suite 265, Chapel Hill, NC 27514
For-sale office space offering 2,064 sq ft of usable workspace.
- Added:
- Jun 19, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 24 at 2:56 am
Property Features for 501 Eastowne Drive Suite 265
General Information
- Standard status
- Active
- Size
- 2,064 SF
- Property subtype
- Office
Building Details
- Year Built
- 2005
Listing office Avison Young - Raleigh Durham
Listing date Jun 19, 2026
Source Crexi
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HighLights
- Office building built in 2005
- For‑sale office space with 2,064 sq ft of usable workspace
Overview
The suite is located at 501 Eastowne Drive in Chapel Hill, North Carolina. The listing details the property as an office unit, making it straightforward for buyers or tenants to evaluate as a self-contained workspace option based on the stated square footage.
For owner-users, this size can support a range of office needs where having a dedicated suite matters to operations and scheduling. For investors or buyers looking for a smaller office asset, the defined suite configuration can be easier to underwrite and manage than larger, multi-tenant spaces, while still providing a dedicated area sized at 2,064 sq ft. The property is offered for sale at a stated list price, with the transaction terms and unit size clearly identified in the listing information.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.5k | $24.96 |
| − Vacancy | −$9.0k | −$4.37 |
| EGI | $42.5k | $20.59 |
| − OpEx | −$10.6k | −$5.15 |
| NOI | $31.9k | $15.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chapel Hill
- County
- Orange
- State
- North Carolina
- Longitude
- -79.0080442
- Latitude
- 35.95085
