The Central - Office Space Availability

For Lease$29.5 - $33.5/Sqft/Year See below for details.

137 East Franklin Street, Chapel Hill, NC 27514

  • Office
  • General Office
  • 91,939 Sqft

The Central, Chapel Hill, NC 27514 - Office Space for rent

The Central is located at 137 East Franklin Street in the Chapel Hill Town Center neighborhood, NC, Chapel Hill, 27514. The Class B Office building was completed in 1973 and features a total of 100,634 Sqft. There are 4 Office spaces available for lease at 137 East Franklin Street, Chapel Hill, NC, 27514, totaling 91,939 Sqft. The largest space available has 60,342 Sqft and a rental rate of $29.5 - $33.5/Sqft/Year.

There are 6 office spaces for lease in the Chapel Hill Town Center neighborhood, totaling 102,526 Sqft of available office space. The office space availability for the 27514 zip code is 361,555 Sqft, in 23 office spaces. The average asking office rent per sq. ft. in Chapel Hill Town Center is $34/sqft/year. For Class A office buildings the average office rate is $36.5/sqft/year, for Class B office buildings the average office rate is $31.5/sqft/year.

In Chapel Hill Town Center, there is 1 class B office building. In Chapel Hill Town Center, there are a total of 1 LEED certified office buildings. In 1973, the same year The Central was built, 19 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Chapel Hill, featuring 310,634 square feet of commercial space. At zip code level, there are 14 commercial properties, of which 14 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Price $29.5 - $33.5/Sqft/Year
  • City Chapel Hill
  • Neighborhood Chapel Hill Town Center
  • Zip Code 27514
  • Market Raleigh Durham
  • Property Type Office - General Office
  • Property Size 100,634 Sqft
  • Lot Size 1.53 Acre
  • Parking Spaces Avail. 427
  • Parking Ratio 4.25/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1973
  • Date Updated 25 Jun, 2020

Availability

Suite Name Space Type Lease Rate Space Available
137 East Franklin Street 2nd Floor General Office $29.5 - $33.5/Sqft/Year 5,047 Sqft
  • Suite 137 East Franklin Street 2nd Floor
  • Space Type General Office
  • Total Space Available 5,047 Sqft
  • Floor From 2 To 2
  • Divisible Space No
  • Min Divisible 5,047 Sqft
  • Max Contiguous 13,931 Sqft
  • Lease Rate $29.5 - $33.5/Sqft/Year
  • Possession Type Immediate
  • Lease Type Full Service
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Dave Mester Is this you?

Grubb Properties

(919) 368-5969

137 East Franklin Street 3rd Floor General Office $29.5 - $33.5/Sqft/Year 8,884 Sqft
  • Suite 137 East Franklin Street 3rd Floor
  • Space Type General Office
  • Total Space Available 8,884 Sqft
  • Floor From 3 To 3
  • Divisible Space No
  • Min Divisible 8,884 Sqft
  • Max Contiguous 13,931 Sqft
  • Lease Rate $29.5 - $33.5/Sqft/Year
  • Possession Type Immediate
  • Lease Type Full Service
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Dave Mester Is this you?

Grubb Properties

(919) 368-5969

136 East Rosemary Street Partial 1st Floor General Office $29.5 - $33.5/Sqft/Year 17,666 Sqft
  • Suite 136 East Rosemary Street Partial 1st Floor
  • Space Type General Office
  • Total Space Available 17,666 Sqft
  • Floor From 1 To 1
  • Divisible Space No
  • Min Divisible 17,666 Sqft
  • Max Contiguous 17,666 Sqft
  • Lease Rate $29.5 - $33.5/Sqft/Year
  • Possession Type Immediate
  • Lease Type Full Service
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Dave Mester Is this you?

Grubb Properties

(919) 368-5969

136 East Rosemary Street Partial Building General Office $29.5 - $33.5/Sqft/Year 60,342 Sqft
  • Suite 136 East Rosemary Street Partial Building
  • Space Type General Office
  • Total Space Available 60,342 Sqft
  • Floor From 1 To 6
  • Divisible Space No
  • Min Divisible 60,342 Sqft
  • Max Contiguous 60,342 Sqft
  • Lease Rate $29.5 - $33.5/Sqft/Year
  • Possession Type Immediate
  • Lease Type Full Service
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Dave Mester Is this you?

Grubb Properties

(919) 368-5969

FREQUENTLY ASKED QUESTIONS

How many office spaces are available at The Central?

There are currently 4 office spaces in this building.

What is the largest space available at The Central?

Currently, the largest rentable space at The Central totals 60,342 square feet.

What is the lease rate of the largest space available?

The monthly lease rate for the largest space available at The Central is $29.5 - $33.5/Sqft/Year per square foot.

What is the total square footage of The Central?

The Central totals 100,634 square feet.

When was this property built?

The Central was built in 1973.

Chapel Hill Town Center Demographics

The average household income in zip code 27514 is $118,339, from a total of 9,938 households. In terms of employment, there are 94.88 % white-collar and 5.12 % blue-collar jobs in zip code 27514.

Population

  • Total Population97
  • Male Population(47.4 %) 46
  • Female Population(52.6 %) 51
  • Median Age30.00

Income/Financial

  • Average Household Income$124,572
  • Median Household Income$78,232
  • Median Income Under 25$19,289
  • Median Income 25-44$75,106
  • Median Income 45-64$125,152
  • Median Income Over 65$83,792

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Dave Mester Is this you?

Grubb Properties

(919) 368-5969

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