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    1600 Franklin St Chapel Hill, NC 27514

    Sponsored
    For Lease
    $21 SF/Yr ($13,976 /Mo)

    7,801 SF Office Space For Lease

    Lot size:
    7,801 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,801-square-foot executive office suite is available for lease at 1600 E. Franklin Street in Chapel Hill, North Carolina. Located in Orange County (APN 9799048307), this single-tenant space occupies the entire top floor of the building, offering abundant natural light and stunning treetop views. Previously occupied by a major tenant who has downsized to the lower floors, this space presents a unique opportunity for a business seeking a prominent location. The building offers convenient access via elevator or stairs. The property boasts a highly desirable location on Franklin Street, within walking distance of Whole Foods Market and numerous other retail establishments, including East Gate. All windows are equipped with shades, effectively managing direct sunlight. This turnkey office space is ready for immediate occupancy and provides a sophisticated and functional environment for any executive team. The property is situated in Chapel Hill, NC, zip code 27514. The building's prime location and ample square footage make it an ideal choice for businesses seeking a prestigious and convenient address in a thriving community. This is a single-tenant space, offering complete privacy and control.

    Property Features for 1600 Franklin St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,801 SF
    Total Rate
    13976.79

    Unit(s) available at that property

    Space
    3rd floor
    Size
    7,801 SF
    Rate per SF
    $21

    HighLights

    • 7,801 SF Available for Lease
    • Entire 3rd Floor (Top Floor) Occupancy
    • Abundant Natural Light & Views
    • Elevator & Stair Access
    • Orange County PIN: 9799048307
    • Chapel Hill Location, Near Shops & Restaurants
    Property Profile Location Intelligence

    Current Use by Public Records

    Bryan Guarnieri, Howard ... Real Estate Agent Tyler Priest Loan ... Mortgage Lender Dianne Gray REALTOR Real Estate Agent Keith E. Green Real Estate Agency Sandie Reed, Howard ... Real Estate Agent

    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
    -79.0309122
    Latitude
    35.9329761

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    FAQs

    What type of property is this?
    Office Property / Space - 7,801 SF Office Space For Lease
    Where is this office property / space located?
    The property is located at 1600 Franklin St Chapel Hill, NC.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 7,801 SF Available for Lease; Entire 3rd Floor (Top Floor) Occupancy; Abundant Natural Light & Views
    Request Owner's contact information
    1600 Franklin St Chapel Hill, NC 27514
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    Chapel Hill, NC 27514
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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
    1600 Franklin St Chapel Hill, NC 27514
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