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    1000-1480 Environ Way Chapel Hill, NC 27517

    For Lease
    $35 SF/Yr

    Class A Office Suites, 1,030-4,717 SF

    Lot size:
    168,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    East 54, located at 1000-1480 Environ Way in Chapel Hill, North Carolina, offers a prime opportunity for businesses seeking high-quality office space. This Class A, three-story building, constructed in 2009, boasts a total of 168,000 square feet, with 18,838 square feet currently available. Suites range from a minimum of 1,030 square feet to a maximum contiguous space of 4,717 square feet, catering to a variety of business needs. The property features multiple tenancies, providing flexibility for different sized companies. Convenient amenities include free parking in an on-site gated parking deck and elevators for easy access to all floors. Recent improvements include a new shared conference and training facility, as well as modern finishes throughout the common areas. The building is situated in Orange County, zip code 27517, within a desirable and vibrant community. This property is ideal for businesses seeking a modern, well-maintained office space in a thriving location. The building's mixed-use nature, including retail components, adds to its appeal and convenience. The available space presents a unique opportunity to establish a presence in a sought-after area of Chapel Hill.

    Property Features for 1000-1480 Environ Way

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    168,000 SF
    Class
    A
    Total Rate
    497000

    Building Details

    Year Built
    2009
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 1430/1440
    Size
    6,509 SF
    Rate per SF
    $35
    Space
    Suite 1250
    Size
    4,717 SF
    Rate per SF
    $35
    Space
    Suite 1260
    Size
    1,906 SF
    Rate per SF
    $35
    Space
    Suite 1385
    Size
    1,030 SF
    Rate per SF
    $35
    Space
    Suite 1430
    Size
    3,696 SF
    Rate per SF
    $35
    Space
    Suite 1440
    Size
    2,813 SF
    Rate per SF
    $35
    Space
    Suite 1450
    Size
    4,676 SF
    Rate per SF
    $35

    HighLights

    • Platinum LEED Core & Shell Certification.
    • Abundant natural light from expansive glass façade.
    • Convenient floor‑by‑floor shower and locker rooms.
    • On‑site fitness center for tenant use.
    • Professional on‑site property management team.
    • New shared conference and training facility available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chapel Hill
    County
    Orange
    State
    North Carolina
    Longitude
    -79.02146951
    Latitude
    35.90664223

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Suites, 1,030-4,717 SF
    Where is this office property / space located?
    The property is located at 1000-1480 Environ Way Chapel Hill, NC.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: Platinum LEED Core & Shell Certification.; Abundant natural light from expansive glass façade.; Convenient floor-by-floor shower and locker rooms.
    Request Owner's contact information
    1000-1480 Environ Way Chapel Hill, NC 27517
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    Chapel Hill, NC 27517
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    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
    1000-1480 Environ Way Chapel Hill, NC 27517
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