1520 E Franklin St

Chapel Hill, North Carolina

Confidential Document Portal

Building

Summary

  • Pricing Contact broker for pricing
  • Type Office Building
  • Size 7,188 SF
  • Building Height 1-story
  • Year Built 1995
  • Site Area 1.13 acres
  • Parking 24 spaces + 2 possible

Overview

Avison Young is pleased to present 1520 Franklin Park, a unique commercial property strategically located along Franklin Street, one of the most iconic corridors in the vibrant, high-barrier-to-entry Chapel Hill market. Now available “for sale” or “for lease”, this offering presents a rare opportunity to control a stand-alone, single-story building, ideally suited to a single user. The offering consists of a vacant brick veneer building totaling 7,188 square feet nestled on 1.13 well-manicured acres.

The property is idyllically set just two miles from the University of North Carolina at Chapel Hill campus, the oldest public university and one of the most recognizable college towns in the U.S. This exceptional infill location is proximate to abundant retail, restaurant, healthcare and hospitality amenities at Village Plaza, University Place and other immediately adjacent properties. A mere two miles from Interstate 40, the property provides convenient access to Durham, Research Triangle Park, Raleigh-Durham International Airport and the entire Triangle region, along with business hubs to the west in Burlington, Greensboro and Winston-Salem.

Potential Uses

General Office

Healthcare Clinic

Daycare Facility
Educational Facility

Financial Institution

Research Activities

Investment Highlights

Rare, stand-alone office investment opportunity ideally suited for a single owner-operator.

Premier infill location in the high barrier-to entry Chapel Hill market.

Professionally managed and maintained property since it was originally developed in 1995.
Ample dedicated surface parking with a ratio of 3.6/1,000 to satisfy an assortment of tenancies.

Immediately adjacent to bus stop with service connecting UNC Hospitals and Eastowne.

Adaptable building with flexible zoning capable of accommodating a variety of uses.

Availabilities

Available

Entire Building

Space Type

Office

Total Size

7,188 sqft

available

Entire Building

Total Size

7,188 sqft

Space Type

Office

Downloads

Lease Brochure

Sale Brochure

Team

Blake R. Thomas

Blake R. Thomas

Senior Vice President, Capital Markets
Avison Young - US - NC - Raleigh
1 919.604.8280
Arnold Siegmund

Arnold Siegmund

Principal, Landlord Representation
Avison Young - US - NC - Raleigh
+1 919 420 1573
+1 919 696 3399