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Mixed-Use Community in Chapel Hill
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1000-1480 Environ Way, Chapel Hill, NC 27517

Live, work, and play in this desirable mixed-use community.

Space Size1,906 SF - 6,850 SF
Property Size168,000 SF
Days on Market2343

Property Features for 1000-1480 Environ Way

General Information

Standard status Active
Size 1,906 SF - 6,850 SF
Class A
Property subtype Retail, Office
Lease Type Full Service

Building Details

Building Size 168,000 SF
Year Built 2009
Tenancy Multiple

Spaces For Lease

at 1000-1480 Environ Way Contact us

Suite 1200

Size
4,253 SF
Type
Office, Retail
Lease Type
Full Service
Availability
Active
Contact us

Suite 1250

Size
4,717 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 1260

Size
1,906 SF
Type
Office, Retail
Lease Type
Full Service
Availability
Active
Contact us

Suite 1330

Size
6,850 SF
Type
Office, Retail
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: NAI Tri Properties
Listed By: Robin Roseberry Anders · License #NC213841
Source: Crexi
Added: Apr 6, 2020 Changed: Aug 28 Last Checked: Aug 31 at 10:45PM

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 NAI Tri Properties

Investment Insights

Based on property information with market context.

East 54 is a mixed-use community featuring luxury condominiums, shops, dining, and office suites. The property includes 171 luxury residential condominiums, 113,000 square feet of Class A office space, and 55,000 square feet of retail options. Newly finished improvements include a fitness facility, showers, complimentary toiletries and towel service on all floors, infrared saunas on the 3rd floor, and a conference and training facility. Modern finishes are present throughout all common areas. Located at the gateway to Chapel Hill, East 54 is positioned as a new urban village where tenants are valued and people enjoy congregating.

Key Highlights

  • Luxury condominiums in a desirable, mixed‑use community.
  • On‑site fitness facility with showers, complimentary toiletries, and towel service.
  • Conference and training facility available.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Hair Salon Building Supply Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Garden Center

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
$5.33 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,114
Businesses Nearby

Demographics for 27517, NC

28,837
Population
13,015
Households
2.2
Avg Household Size
44
Median Age
75%
College-Educated
95%
High-School Grad
46.0 sq mi
ZIP Area
627
Density / Sq Mi
$124,821
Median Household Income
$60,005
Median Earnings
$1,518
Median Rent
$571,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Live, work, and play in this desirable mixed-use community.
Where is this mixed-use property located?
The property is located at 1000-1480 Environ Way Chapel Hill, NC.
What is the lease rate?
The lease rate is $35.50 SF/Yr.
What are key features of this property?
This property features: Luxury condominiums in a desirable, mixed‑use community.; On‑site fitness facility with showers, complimentary toiletries, and towel service.; Conference and training facility available.
More about this property
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