109 Church St Chapel Hill, NC 27516
For Lease
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This exceptional 6,000 square foot retail space is available for lease at 109 Church Street in Chapel Hill, North Carolina. Located in Orange County, this single-tenant property presents a unique opportunity for businesses seeking a prominent location in a vibrant and thriving community. The entire 6,000 square feet is currently vacant, offering a blank canvas for a prospective tenant to customize the space to perfectly suit their needs. The property's address, 109 Church Street, places it within easy reach of a high volume of foot traffic and enjoys excellent visibility. This makes it ideal for a wide range of retail businesses, from boutiques and restaurants to service providers and specialty shops. The property's size allows for ample space for inventory, display, and customer service areas. Chapel Hill's strong economy and diverse population provide a robust customer base for any business operating in this location. The property is classified as commercial retail and offers a single tenancy, ensuring exclusive use and control of the entire space. This presents a rare opportunity to establish a significant presence in a highly desirable area of Chapel Hill. Interested parties are encouraged to inquire for lease terms and conditions. The property is situated at 35.9128324 latitude and -79.0587642 longitude, in zip code 27516.
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UNC Office of Technology Commercialization Academic Department
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UNC Office of Commercialization and Economic Development Academic Department
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NanoVest Financial Corporate Office
The town center (TC) districts are intended to provide for the development of the commercial, service and social center of Chapel Hill while maintaining its character, its pedestrian oriented scale, and its nature as a concentration of business, administrative, financial, governmental and support functions serving the community and to encourage further resid…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
TC-2 · Chapel Hill, NCThe town center (TC) districts are intended to provide for the development of the commercial, service and social center of Chapel Hill while maintaining its character, its pedestrian oriented scale, and its nature as a concentration of business, administrative, financial, governmental and support functions serving the community and to encourage further residential development in the central area of Chapel Hill
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.