Property summary
This exceptional retail investment opportunity presents 112,925 square feet of prime retail space at Timberlyne Shopping Center, located at 1129 Weaver Dairy Road, Chapel Hill, NC 27514. Built in 1981 and renovated in 2015, this community center boasts a strong tenant mix, anchored by a Food Lion Supermarket, and includes Town & Country Hardware and the U.S. Post Office. Five spaces are currently available, ranging from 1,000 to 9,617 square feet, offering flexibility for various retail businesses. The property features ample parking with 610 spaces, ensuring convenient access for customers. Its strategic location just east of Martin Luther King Blvd (Hwy 86), less than a mile from I-40, provides excellent visibility and accessibility. Weaver Dairy Road sees an average daily traffic count of 13,000 vehicles, further enhanced by the 24,000 vehicles daily on Martin Luther King Blvd/Hwy 86. Multiple entrances ensure easy ingress and egress, maximizing convenience for both shoppers and businesses. This well-established center serves a thriving residential community in Orange County, North Carolina.
Property profile
VerifiedCap rate & NOI
Current use
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Gym & Fitness Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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