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Chapel Hill, NC Restaurants for Lease

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Durham, NC Carrboro, NC Hillsborough, NC Efland, NC Morrisville, NC Cary, NC Mebane, NC Apex, NC
Restaurant Space
Updated: Sep 15
Restaurant Space

127 E. Franklin Street, Chapel Hill, NC 27516

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Address: 127 E. Franklin Street, Chapel Hill, NC
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1 active listing matches your search: Restaurant for lease in Chapel Hill, NC. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 spaces in nearby cities and 4 properties for sale.

Restaurants for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Second-Generation Restaurant Space
Second-Generation Restaurant Space

107 W Main St, Durham, NC 27701

Downtown
$28 SF/Yr

Second-generation restaurant for lease with a fully built-out kitchen, hood system, and available furniture and equipment.

Commercial hood  Furnished
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Freestanding Restaurant Pad
Freestanding Restaurant Pad

5419 Durham Chapel Hill Blvd, Durham, NC 27707

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53,000 VPD  Highway access

Second-generation restaurant space is offered for lease or ground lease in Durham.

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Cary Retail Space Available
Cary Retail Space Available

7129 Okelly Chapel Rd, Cary, NC 27519

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Retail spaces available in Parkside Town Commons, Cary, NC.

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Retail and Residential Co-tenanted Property
Retail and Residential Co-tenanted Property

N Harrison Ave & Weston Pkwy, Cary, NC 27513, USA, Cary, NC 27513

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Retail property with high-end apartments on-site near I-40.

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Similar Spaces for Sale in Chapel Hill, NC

Consider Similar Space for Sale. We found 4 Spaces matching your search parameters.

Single-Tenant Chick-fil-A Ground Lease
Single-Tenant Chick-fil-A Ground Lease

101 Village Center Drive, Chapel Hill, NC 27516

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Business included  4,500 sqft  Built 2023  Single tenant

Operating Chick-fil-A on an absolute NNN ground lease with about 16.7 years remaining and 10% escalations every five years.

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Franklin Street Commercial Property Opportunity
Franklin Street Commercial Property Opportunity

203 E Franklin St, Chapel Hill, NC 27514

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5,118 sqft  Built 1932

Prime Franklin Street location in Chapel Hill near UNC campus.

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Two-Tenant Strip Center with Drive-Through
Two-Tenant Strip Center with Drive-Through

100 Village Center Drive, Chapel Hill, NC 27516

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Multi-tenant  6,192 sqft  Built 2020
UNC Health Care System, Starbucks Corporation co-tenants  Corner location  Highway access + Road access

NN-leased retail center with Starbucks, UNC Health, and a Tesla Supercharger license agreement.

Drive-thru  Tesla Supercharger
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Single-Tenant Drive-Through Restaurant
Single-Tenant Drive-Through Restaurant

200 Village Center Drive, Chapel Hill, NC 27516

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2,500 sqft  Built 2024  Single tenant

Absolute NNN Wendy’s ground lease with 18.2 years remaining and 10% rent escalations every five years.

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Chapel Hill, NC Restaurants Lease Rates & Market Statistics

Explore 1 Restaurants listing for lease in Chapel Hill, NC on Realmo, a commercial real estate exchange covering the Chapel Hill area.

Chapel Hill accounts for 100% of the 1 restaurants listing currently available across Orange County.

How to lease a restaurant space in Chapel Hill, NC

  1. Nail down your concept and business plan. Define your restaurant type, target diners, and seating capacity. Landlords evaluate you as much as you evaluate them.
  2. Budget from projected sales. Keep rent and utilities at 5–10% of expected revenue. Reserve funds for build-out, which can run $200+ per sq. ft. for restaurants.
  3. Scout high-traffic locations. Use Location Intelligence to find neighborhoods in Chapel Hill, NC where food service is underserved and foot traffic supports your concept.
  4. Prioritize kitchen-ready infrastructure. A second-generation space with hood, ventilation, grease trap, and adequate power saves months and huge build-out costs. Also check parking and liquor license availability.
  5. Verify the full occupancy cost. Restaurant leases are typically NNN or percentage-based, so run base rent, CAM, taxes, and insurance through the Lease Calculator before signing an LOI.
  6. Negotiate a long-term lease with protections. Push for a 5–10 year term with renewal options, free rent during build-out, and a TI allowance, then have an attorney review the lease and any personal guarantee.
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