505 W. Franklin

505 W. Franklin Street, Chapel Hill, NC 27516

  • For Lease $18.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 22,133 SF
  • Date Updated Feb 28, 2023
Located at the intersection of W. Franklin Street & S. Graham Street
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Spaces Available

102
  • Space Type Retail
  • Lease Rate $18.00/SF/YR
  • Total Space Available 8,715 SF
  • Divisible Space 8,715 - 8,715 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No

Base rate: $18.00 PSF TICAM: $6.00 PSF

Christina Coffey

Lee & Associates

(919) 591-2273

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Location

Getting Around

  • Walk Score ®

    85/100 Very Walkable
  • Transit Score ®

    54/100 Good Transit
  • Bike Score ®

    98/100 Biker's Paradise
Powered by Walk Score ®
  • City Chapel Hill, NC
  • Neighborhood Chapel Hill Town Center
  • Zip Code 27516
  • Market Raleigh Durham

Points of Interest

  • Red Ride Shuttle

    0.09 miles

  • Gulf

    0.73 miles

  • Marathon

    0.74 miles

  • BP

    0.84 miles

  • Circle K

    1.14 miles

  • Mobil

    1.23 miles

  • Exxon

    1.74 miles

  • Mobil

    1.86 miles

  • Chargepoint

    2.13 miles

  • Mobil

    2.14 miles

  • Exxon

    2.21 miles

  • Granville Towers Parking

    0.36 miles

  • Wallace Plaza

    0.64 miles

  • Bell Tower Deck

    0.77 miles

  • Cardinal Deck

    0.77 miles

  • Dogwood Deck

    0.84 miles

  • Jackson Deck

    0.91 miles

  • Ram's Head Deck

    1.03 miles

  • Cobb Parking Deck

    1.03 miles

  • Craige Deck

    1.04 miles

  • Educational Foundation Parking Deck

    1.14 miles

  • Papa John's

    0.05 miles

  • Guru India

    0.05 miles

  • Al's Burger Shack

    0.05 miles

  • Italian Pizzeria III

    0.05 miles

  • Vimala's Curryblossom Cafe

    0.05 miles

  • Mint

    0.05 miles

  • Kipos Greek Taverna

    0.06 miles

  • Crook's Corner

    0.08 miles

  • Talullas

    0.10 miles

  • Lantern

    0.10 miles

  • Jose Jr. Mexican Store

    0.13 miles

  • Target

    0.35 miles

  • Carr Mill Mall

    0.44 miles

  • Weaver Street Market

    0.45 miles

  • Harris Teeter

    0.46 miles

  • UNC Student Stores

    0.86 miles

  • Food Lion

    1.43 miles

  • Mikyin’s Asian Market

    1.92 miles

  • Food Lion

    1.95 miles

  • Weaver Street Market

    2.04 miles

Contacts

Christina Coffey

Lee & Associates

(919) 591-2273

Highlights

  • Prime location at the intersection of W. Franklin Street and S. Graham Street
  • Adjacent to the campus of UNC Chapel Hill
  • On-site free parking - approximately 20 spaces
  • Can be subdivided
  • Highly walkable to Downtown Chapel Hill, the UNC campus and Carrboro
  • Close proximity to the Libba Cotten Bikeway
  • Surrounded by restaurant and retail amenities
  • Perfect for creative groups, retail, brewery, and taproom

Frequently Asked Questions

What is the lease rate for 505 W. Franklin?

Rental asking rate at 505 W. Franklin is $18.00/SF/YR.

What is the largest space available at 505 W. Franklin?

Currently, the largest rentable space at 505 W. Franklin totals 8,715 square feet.

What is the lease rate of the largest space available?

The monthly lease rate for the largest space available at 505 W. Franklin is $18.00/SF/YR.

What is the total square footage of 505 W. Franklin?

505 W. Franklin totals 22,133 square feet.

Tax

  • Property Tax in 2022 $65,512
  • Market Value* $4,094,000
  • Assessed Value $4,094,000

Find more tax info, including assessment history and abatements, on CommercialEdge.

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Looking for more in-depth information on this property?

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Attachments

Contact Listing Broker

Christina Coffey

Lee & Associates

(919) 591-2273

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