Property profile

1218 Raleigh Rd Chapel Hill, NC 27517

OFF-MARKET
Neighborhood centers
55,624 SF
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Property summary

AI-generated overview

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 profile

Verified
Property type Neighborhood centers
Total area 55,624 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Pharmacy
  • Physician
  • Physician
  • Physician

Location

1218 Raleigh Rd Chapel Hill, NC 27517
Chapel Hill metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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