137 Franklin St, Chapel Hill, NC 27514
This exceptional retail property, located at 137 E Franklin St in Chapel Hill, NC, offers 36,667 square feet of space in a vibrant strip center. Currently, two suites are available, providing flexible options for businesses seeking prime downtown location. One suite offers a minimum of 9,369 square feet, while the maximum contiguous space available is 19,085 square feet. The total vacant space is 19,085 square feet. This property boasts ample parking, a significant advantage in a bustling downtown area. Situated in the heart of Chapel Hill, this location provides unparalleled access to the University of North Carolina at Chapel Hill (UNC), and is surrounded by a thriving mix of retail shops, restaurants, and hotels. The property's address is 137 E Franklin St, Chapel Hill, NC 27514, in Orange County. This is an exceptional opportunity for businesses seeking high visibility and foot traffic in one of North Carolina's most desirable college towns. The property's convenient location and ample space make it ideal for a variety of retail uses. The property is easily accessible and offers a strong potential for return on investment.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.