True
Space Available For Lease 1
Space Available |
Charlie Coyne
CBRE
Matt Larson
CBRE |
Contacts
CBRE
CBRE
Property Details
- Property Type Retail
- Property Size 8,715 SF
- Parking Spaces Avail. 20
- Parking Ratio 2.29 / 1,000 SF
- Building Class B
- Year Built 1955
- Date Updated May 25, 2026
- Visibility/Traffic Count (VPD) 14,500
8,715 SF Creative Office Space Available (can be subdivided)
Prime location at the intersection of W. Franklin Street and S. Graham Street
14,500 VPD along W Franklin Street
On-site free parking - approximately 20 spaces
UNC-Chapel Hill campus less than one mile (over 30K students)
Reach out to the broker for more info on lease terms and amenities
Getting around
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90/100
Walk Score ®
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56/100
Transit Score ®
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98/100
Bike Score ®
Location
- City Chapel Hill, NC
- Neighborhood Chapel Hill Town Center
- Zip Code 27516
- Market Raleigh Durham
Points of Interest
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Red Ride Shuttle
0.08 miles
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Gulf
0.73 miles
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Marathon
0.74 miles
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BP
0.84 miles
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Circle K
1.13 miles
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Mobil
1.23 miles
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Exxon
1.74 miles
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Chargepoint
2.14 miles
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EVgo
5.98 miles
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Downtown Public Parking
0.18 miles
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Granville Towers Parking
0.36 miles
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Wallace Plaza
0.65 miles
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Cardinal Deck
0.77 miles
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Papa John's
0.05 miles
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Al's Burger Shack
0.05 miles
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Italian Pizzeria III
0.05 miles
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Pho Happiness
0.05 miles
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Vimala's Curryblossom Cafe
0.06 miles
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Kipos Greek Taverna
0.07 miles
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Crook's Corner
0.08 miles
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Lantern
0.10 miles
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Talullas
0.10 miles
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Elaine's On Franklin
0.11 miles
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Jose Jr. Mexican Store
0.14 miles
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Target
0.35 miles
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Carr Mill Mall
0.44 miles
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Weaver Street Market
0.45 miles
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Harris Teeter
0.46 miles
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Tar Heels Termite Removal
0.60 miles
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Wiley's Workshop on Wheels
0.60 miles
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UNC Student Stores
0.86 miles
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Food Lion
1.42 miles
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Carrboro Plaza
1.87 miles
505 W Franklin St Listing Brief
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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.
505 W Franklin St is located in Chapel Hill Town Center, which is home to a total of 3 listing(s). The rent for retail space at 505 W Franklin St is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.
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In addition to retail space, the property also includes 1 office space(s). Mixed-use buildings combining office space alongside retail present additional opportunities for steady foot traffic and a potentially loyal customer base.
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.
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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.
For car-travelling customers, 505 W Franklin St has a parking ratio of 2.29 / 1,000 SF, offering 20 parking spaces. The size of the space, the quality of the build, special attributes, as well as overall upkeep and property rating can also influence the going rate. For instance, properties that were renovated or rehabilitated more recently bring greater value to tenants.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Chapel Hill Town Center is 30. The average household income here is $99,614 per year.
