Chapel Hill, NC Commercial Real Estate for Lease and Sale

Explore 57 listings of Chapel Hill commercial real estate for lease and for sale to find the best space for your business.

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200 West Franklin Street

200 West Franklin Street, Chapel Hill Town Center, Chapel Hill, NC
Property

Office

38,000 SF
Availability

1 Space

6,872 SF
Year Built

1998
For Lease Contact for pricing
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The Gwendolyn

101 Glen Lennox Drive, Glen Lennox, Chapel Hill, NC
Property

Office

109,000 SF
Availability

8 Spaces

57,757 SF
Year Built

2021
For Lease Contact for pricing
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Franklin Square

1829 East Franklin Street Suite E, F, Franklin Square Offices, Chapel Hill, NC
Property

Office

1,758 SF
For Sale

$420,000
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Banks Crossing

100-240 Banks Crossing North, Cross Creek, Fayetteville, GA
Property

Mixed Use

255,101 SF
Availability

4 Spaces

10,500 SF
Year Built

1987
For Lease Contact for pricing
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Palladian Corporate Center - 240 Leigh Farm Road

240 Leigh Farm Road, Williams, Durham, NC
Property

Office

100,546 SF
Availability

5 Spaces

57,237 SF
Year Built

2007
For Lease Contact for pricing
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136 East Rosemary Street

136 East Rosemary Street, Chapel Hill Town Center, Chapel Hill, NC
Property

Office

118,500 SF
Availability

4 Spaces

25,974 SF
Year Built

2023
For Lease Contact for pricing
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200 West Franklin Street

200 West Franklin Street, Chapel Hill Town Center, Chapel Hill, NC
Property

Office

30,981 SF
Availability

3 Spaces

12,575 SF
Year Built

1998
For Lease Contact for pricing
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Chatham Professional Park

10441 US Highway 15 501 North, Beechwood Cove, Chapel Hill, NC
Property

Office

17,600 SF
Availability

1 Space

7,900 SF
Year Built

2022
For Lease

$28.00/SF/YR
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North Chapel Business Center, Building 2

7310 Millhouse Road, Chapel Hill Industrial Park, Chapel Hill, NC
Property

Industrial

54,600 SF
Availability

1 Space

7,039 SF
Year Built

2023
For Lease Contact for pricing
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Timberlyne Shopping Center

1129 Weaver Dairy Road, Cross Creek, Chapel Hill, NC
Property

Retail

108,065 SF
Availability

4 Spaces

14,672 SF
Year Built

1981
For Lease Contact for pricing
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North Chapel Business Center, Building 1

7300 Millhouse Road, Chapel Hill Industrial Park, Chapel Hill, NC
Property

Industrial

61,700 SF
Availability

1 Space

61,700 SF
Year Built

2023
For Lease Contact for pricing
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308 W Rosemary Street

308 W Rosemary Street, Chapel Hill Northside, Chapel Hill, NC
Property

Office

39,613 SF
For Sale

$900,000
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East 54

Environ Way, Mason Farm Area, Chapel Hill, NC
Property

Office

113,000 SF
Availability

6 Spaces

19,668 SF
For Lease

$35.50/SF/YR
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Europa Center

100 Europa Drive, Summerfield Crossing, Chapel Hill, NC
Property

Office

183,164 SF
Availability

10 Spaces

35,124 SF
For Lease

$23.95/SF/YR
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405 West Franklin Street

405 West Franklin Street, Chapel Hill Town Center, Chapel Hill, NC
Property

Retail

8,820 SF
Availability

1 Space

3,400 SF
For Lease

$25.00/SF/YR
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Europa Place

101 Europa Drive, University Heights, Chapel Hill, NC
Property

Office
Availability

1 Space

19,184 SF
Year Built

2008
For Lease Contact for pricing
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Innovate Carolina Junction
Innovate Carolina Junction
136 East Rosemary Street 100, Chapel Hill, NC
Services

Virtual Office

Open Workspace

Meeting Room

Private Office
Amenities

Bike storage

Cleaning services

Complimentary coffee & tea

Free water

High-speed wifi

Mail services

Printer

Privacy booths

Projector

TV/Monitor
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NC, Chapel Hill - E Frankin St
Regus
1506 East Franklin Street, Chapel Hill, NC
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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1830 Fordham Blvd

1830 Fordham Blvd, University Heights, Chapel Hill, NC
Property

Office

210,000 SF
Availability

6 Spaces

125,382 SF
Year Built

1973
For Lease Contact for pricing
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Chapel Hill
Regus
1340 Environ Way, Chapel Hill, NC
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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I-40 & New Hope Church Road

I-40 & New Hope Church Road , Cross Creek, Chapel Hill, NC
Property

VacantLand
For Sale Contact Broker for Details
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East 54

2000 Environ Way, Mason Farm Area, Chapel Hill, NC
Property

Retail

55,000 SF
Availability

3 Spaces

15,420 SF
For Lease Contact for pricing
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Chapel Hill 40 - Boyd Hall

55 Vilcom Center Drive, Cross Creek, Chapel Hill, NC
Property

Office

50,723 SF
Availability

3 Spaces

9,952 SF
Year Built

2001
For Lease

$26.50/SF/YR
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Greenbridge

601 W. Rosemary Street, Chapel Hill Town Center, Chapel Hill, NC
Property

Office

175,000 SF
For Sale

$2,495,000
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250 S Elliott Rd

250 S Elliott Rd, Ridgefield, Chapel Hill, NC
Property

Office

6,460 SF
Availability

1 Space

2,153 SF
Year Built

1986
For Lease

$22.00 - $24.50/SF/YR
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Palladian Corporate Center - 220 Leigh Farm Road

220 Leigh Farm Road, Williams, Durham, NC
Property

Office

100,462 SF
Availability

4 Spaces

100,464 SF
Year Built

2005
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Chapel Hill commercial real estate market incorporates 2,351,038 square feet of office space across 35 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Chapel Hill commercial real estate market includes 836,066 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Chapel Hill market, there is a total of 260,100 square feet of industrial property.

The listing inventory in Chapel Hill incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Chapel Hill is represented by Office space, which accounts for 936,964 square feet of available listings. Retail space available in Chapel Hill adds up to 157,347 square feet.

Meanwhile, most of the listings of commercial property for sale in Chapel Hill are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Chapel Hill is $27.48 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Chapel Hill can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Chapel Hill, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Chapel Hill is in the Chapel Hill Town Center neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Chapel Hill Town Center area.

Meanwhile, retail space opportunities are most abundant in the Estes Hills submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Chapel Hill Industrial Park.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $34 per square foot. In particular, the property type commanding the highest lease rates in Chapel Hill was Office space.

The average size of a commercial property in Chapel Hill depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Chapel Hill, the average size of an office property is 73,470 square feet.
Retail properties here incorporate an average of 64,313 square feet.
Industrial space in Chapel Hill is in buildings that are, on average 86,700 square feet in size.

Chapel Hill, NC Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Chapel Hill currently add up to 1,255,951 square feet. The market offers 30 active office listing(s), which amount to 936,964 square feet and account for 65% of commercial spaces on the market. Local retail availability includes 157,347 square feet across 12 retail space(s). Industrial space for rent opportunities in Chapel Hill amount to 151,140 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	30	936,964
Retail	12	157,347
Industrial	3	151,140
Other	1	10,500

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Chapel Hill, NC. Currently, there is 368,804 square feet of commercial property for sale here , which includes 5 office building(s) for sale , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	5	254,715
Retail	1	2,000
Other	2	112,089

Chapel Hill, NC Commercial Real Estate for Lease and Sale

200 West Franklin Street

The Gwendolyn

Franklin Square

Banks Crossing

Palladian Corporate Center - 240 Leigh Farm Road

136 East Rosemary Street

200 West Franklin Street

Chatham Professional Park

North Chapel Business Center, Building 2

Timberlyne Shopping Center

North Chapel Business Center, Building 1

308 W Rosemary Street

East 54

Europa Center

405 West Franklin Street

Europa Place

Innovate Carolina Junction

NC, Chapel Hill - E Frankin St

1830 Fordham Blvd

Chapel Hill

I-40 & New Hope Church Road

East 54

Chapel Hill 40 - Boyd Hall

Greenbridge

250 S Elliott Rd

Palladian Corporate Center - 220 Leigh Farm Road

Frequently Asked Questions

Chapel Hill, NC Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Chapel Hill, NC Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Chapel Hill, NC?

What factors affect the price of commercial real estate in Chapel Hill, NC?

What is the average rent for commercial space in Chapel Hill, NC?

What are the best areas for commercial real estate in Chapel Hill, NC?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Chapel Hill, NC?

Chapel Hill, NC Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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About us