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Chapel Hill 40 - Dawson Hall

Off-Market

77 Vilcom Center Drive, Chapel Hill, NC 27514

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - Medical Office
  • Property Size 72,364 Sqft
  • Lot Size 0.66 Acre
  • Parking Spaces Avail. 217
  • Parking Ratio 3.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2007

Location

  • City Chapel Hill, NC
  • Neighborhood Cross Creek
  • Zip Code 27514
  • Market Raleigh Durham

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 01 Nov, 2007
  • Arm's Length
  • Buyer Name

Market Trends

Average Actual Rents in Chapel Hill

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Chapel Hill Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $28.60
  • 2020 Office Vacancy Rate 23.09 %
  • 2020 Office Completions (Sqft)
View more Chapel Hill market trends

Tax

  • Property Tax in 2019 $180,434
  • Market Value $11,181,400
  • Assessed Value $11,181,400

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

Frequently Asked Questions

What is the total square footage of Chapel Hill 40 - Dawson Hall?

Chapel Hill 40 - Dawson Hall totals 72,364 square feet.

When was this property built?

Chapel Hill 40 - Dawson Hall was built in 2007.

When was Chapel Hill 40 - Dawson Hall last sold?

Chapel Hill 40 - Dawson Hall was last sold on 01 Nov, 2007.

What is the property tax for Chapel Hill 40 - Dawson Hall?

The property tax for Chapel Hill 40 - Dawson Hall in 2019 was $180,434.

What is the market value for Chapel Hill 40 - Dawson Hall?

The market value for Chapel Hill 40 - Dawson Hall in 2019 was $11,181,400.

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