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    1218 Raleigh Rd Chapel Hill, NC 27517

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space Available Now

    Lot size:
    55,624 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Glenwood Square offers a fantastic opportunity for retail businesses seeking a vibrant location. This established strip center boasts a total of 55,624 square feet of retail space, currently featuring multiple tenants. A prime 1,421 square foot retail space is immediately available, presenting an ideal chance to establish or expand your business within a thriving commercial environment. The center enjoys high visibility and convenient access, making it an attractive destination for customers. Ample parking is provided with 215 spaces readily available for shoppers and employees. The property's strong tenant mix creates a synergistic atmosphere, attracting a diverse customer base. This is a rare opportunity to secure a well-located retail space in a successful, established center. The available space is adaptable and ready for immediate occupancy, allowing for a quick and efficient start to your business operations. The property's excellent location and ample parking ensure high foot traffic and convenient access for your customers. Don't miss this chance to become part of a thriving retail community. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 1218 Raleigh Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    55,624 SF

    Unit(s) available at that property

    Space
    Suite 1214
    Size
    1,421 SF

    HighLights

    • Retail property totaling 55,624 square feet.
    • 1,421 square feet of vacant retail space currently available.
    • Multi‑tenant strip center.
    • 215 total parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    UNC Hospitals Pre-Procedure ... Medical Center Florence E. Lorenzo, ... Pharmacy Renee Rosiek, MSN, ... Anesthesiologist Raquel Rey General Practitioner higi Health Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chapel Hill
    County
    Chatham
    State
    North Carolina
    Longitude
    -79.025236
    Latitude
    35.907451

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space Available Now
    Where is this neighborhood center located?
    The property is located at 1218 Raleigh Rd Chapel Hill, NC.
    What are key features of this property?
    This property features: Retail property totaling 55,624 square feet.; 1,421 square feet of vacant retail space currently available.; Multi-tenant strip center.
    Request Owner's contact information
    1218 Raleigh Rd 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
    1218 Raleigh Rd Chapel Hill, NC 27517
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