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    OFF-MARKET
    Neighborhood centers

    6118-6120 Farrington Rd, Chapel Hill, NC 27517

    72,735 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located at 6118-6120 Farrington Rd, Chapel Hill, NC 27517, within the Falconbridge Shopping Center. The property boasts a prime location in a high-traffic area, with over 43,200 vehicles passing daily on NC Hwy 54. This Class A, single-story strip center offers a total of 72,735 square feet across three buildings. Currently, there is 2,025 square feet of vacant space immediately available for lease. The center features a diverse tenancy, ensuring a vibrant and bustling atmosphere. The property is zoned Commercial General (CG) and has a Durham County APN of 142607. While the address lists Chapel Hill, the property is situated in Durham County. This presents a unique opportunity for businesses seeking high visibility and accessibility in a thriving retail environment. The available space is perfect for a variety of retail uses and offers immediate occupancy. Don't miss this chance to establish your business in a well-established and successful shopping center.

    Property profile
    Verified
    Property type Neighborhood centers
    Total area 72,735 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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