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Meadowmont Village - Building 400

Off-Market

400 Meadowmont Village Circle, Chapel Hill, NC 27517

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  • Property Type Office - General Office
  • Property Size 35,471 SF
  • Lot Size 13.6 Acre
  • Parking Spaces Avail. 141
  • Parking Ratio 4.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2002

Location

  • City Chapel Hill, NC
  • Neighborhood Meadowmont
  • Zip Code 27517
  • Market Raleigh Durham

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 27 Feb, 2007
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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 (SF)
View more Chapel Hill market trends

Tax

  • Property Tax in 2021 $90,132
  • Market Value* $5,946,600
  • Assessed Value $5,946,600

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.

Frequently Asked Questions

What is the total square footage of Meadowmont Village - Building 400?

Meadowmont Village - Building 400 totals 35,471 square feet.

When was this property built?

Meadowmont Village - Building 400 was built in 2002.

When was Meadowmont Village - Building 400 last sold?

Meadowmont Village - Building 400 was last sold on 27 Feb, 2007.

What is the property tax for Meadowmont Village - Building 400?

The property tax for Meadowmont Village - Building 400 in 2021 was $90,132.

What is the market value for Meadowmont Village - Building 400?

The market value* for Meadowmont Village - Building 400 in 2021 was $5,946,600.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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