Map of Property

137 E Franklin St

For Lease

137 E Franklin St, Chapel Hill, NC 27514

You can currently find 2 retail space(s) available for lease at 137 E Franklin St. Designated use type for space listed here includes retail. Current retail listings at this property total 19,085 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at 137 E Franklin St.

Space Available For Lease 2

Contacts

broker

Diana Teitsma

Divaris Real Estate

(704) 604-5588

Property Details

  • Property Type Retail - Street Retail
  • Property Size 36,667 SF
  • Date Updated Apr 22, 2024
Located within walking distance of UNC-Chapel Hill, surrounded by retail, dining, and lodging amenities. Located within a highly trafficked retail block that receives over 2.4 million customers per year.Located in the heart of downtown Chapel Hill within walking distance of UNC, surrounded by retail, dining, and lodging amenities.

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Highlights

  • LEED Certified by the US Green Building Council
  • Ample parking available, as well as an on-site bike storage room (‘adjacent to 300 space parking garage)
  • CVS sublease – until 12/31/33

Getting around

  • 72/100

    Walk Score ®

  • 60/100

    Transit Score ®

  • 81/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chapel Hill, NC
  • Neighborhood Chapel Hill Town Center
  • Zip Code 27514
  • Market Raleigh Durham

Points of Interest

  • Red Ride Shuttle

    0.68 miles

  • Mobil

    0.79 miles

  • Marathon

    1.25 miles

  • Gulf

    1.25 miles

  • BP

    1.32 miles

  • Chargepoint

    1.54 miles

  • Mobil

    1.55 miles

  • Circle K

    1.70 miles

  • Exxon

    1.75 miles

  • BP

    1.81 miles

  • Exxon

    2.17 miles

  • Wallace Plaza

    0.05 miles

  • Granville Towers Parking

    0.29 miles

  • Cobb Parking Deck

    0.53 miles

  • Bell Tower Deck

    0.55 miles

  • Ram's Head Deck

    0.74 miles

  • Cardinal Deck

    0.80 miles

  • Dogwood Deck

    0.82 miles

  • Jackson Deck

    0.88 miles

  • Craige Deck

    0.88 miles

  • Boshamer Lot

    0.88 miles

  • Shanghai Dumpling

    0.01 miles

  • [B]SKI'S The Wrap Redefined

    0.01 miles

  • Artisan Pizza Kitchen

    0.02 miles

  • R & R Grill

    0.03 miles

  • Waffle House

    0.03 miles

  • Bandido's

    0.03 miles

  • Sutton's Drug Store

    0.04 miles

  • Roots

    0.04 miles

  • Ms. Mong

    0.04 miles

  • Benny Cappella's

    0.05 miles

  • Target

    0.25 miles

  • UNC Student Stores

    0.45 miles

  • Jose Jr. Mexican Store

    0.50 miles

  • Harris Teeter

    0.93 miles

  • Carr Mill Mall

    0.94 miles

  • Weaver Street Market

    0.97 miles

  • The Fresh Market

    1.65 miles

  • Glenwood Square

    1.67 miles

  • Glen Lennox Shopping Center

    1.68 miles

  • University Place

    1.82 miles

137 E Franklin St Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    137 E Franklin St is located in Chapel Hill Town Center, which is home to a total of 4 listing(s). Retail space at 137 E Franklin St asks $24.00/SF/YR per square foot.

  • The property includes 19,085 square feet of retail space for lease. Of this total, 19,085 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Chapel Hill Town Center is 29. The average household income here is $85,759 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Diana Teitsma

Divaris Real Estate

(704) 604-5588

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  2. 2Extra information