Chapel Hill, NC Commercial Real Estate for Lease and Sale

Explore 60 listing(s) of commercial real estate in Chapel Hill, NC to find the best space for your business.

CRE Market FAQs

Chatham Crossing

11312 US Route 15/501 North, Cole Place, Chapel Hill, NC
Space Type

Retail
For Lease Contact for pricing

1 space available / 1,050 SF
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Aura Booth Park

NEC North Estes Drive & Martin Luther King Jr. Blvd, Estes Hills, Chapel Hill, NC
Space Type

Retail
For Lease Contact for pricing

4 spaces available / 1,190 - 2,822 SF
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Polks Village Center

149 Knox Way, Polks Landing, Chapel Hill, NC
Property Type

Office
For Sale Contact for pricing

Built in 2026 / Property size 9,000 SF
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Valley View Business Center

1229 East Franklin St, Hillview, Chapel Hill, NC
Space Type

Office
For Lease Contact for pricing

1 space available / 2,569 SF
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144 Old Lystra Road

144 Old Lystra Road, North West Williams, Chapel Hill, NC
Space Type

Industrial
For Lease Contact for pricing

1 space available / 60,000 SF
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1775 Dobbins Drive

1775 Dobbins Drive, Dobbins Hill, Chapel Hill, NC
Space Type

Retail
For Lease Contact for pricing

1 space available / 33,105 SF
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150 East Rosemary Street

150 East Rosemary Street, Chapel Hill Town Center, Chapel Hill, NC
Space Type

Office
For Lease Contact for pricing

8 spaces available / 29,625 SF
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Frequently Asked Questions

Here is a rundown of the primary commercial real estate property types currently available in Chapel Hill:
- Office Space: The market includes 1,820,307 square feet of office spaces in addition to 65 coworking locations.
- Retail Space: Between malls, restaurants and stores, Chapel Hill is home to 475,282 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 198,400 square feet of available space in Chapel Hill.
The average rent for commercial real estate in Chapel Hill is $35.25 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Chapel Hill costs $30, while the city’s premium locations ask up to $38.5.
Here is a breakdown of the average size of different property classes (also known as asset class or property type):
- Class A/A+ properties have an average size of 119,929 square feet.
- Class B properties are sized 62,642 square feet, on average.
- Class C properties span an average of 12,275 square feet.
The best area for commercial real estate in Chapel Hill will depend greatly on your needs. The neighborhood with the largest overall number of commercial listings is Chapel Hill Town Center, home to no fewer than 16 listings for space of all types. If you're looking for office space, Chapel Hill Town Center has the highest concentration of office listings at 13.
CommercialCafe’s CRE offering in Chapel Hill is enabled by a network of 53 active brokers from 27 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.

To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
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, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.

Asking rents in the city can be as high as $38.5 per square foot. In particular, the property type commanding the highest lease rates in Chapel Hill is Retail space.
The average size of a commercial property here stands at 29,952. However, different asset classes and zoning laws will result in vastly different property sizes. Here is a breakdown of the average size of different commercial asset classes in Chapel Hill:
Office properties:
- Average size: 72,813 square feet.
- Largest property: 3rd Floor (44,974 square feet).
Retail properties:
- Average size: 47,529 square feet.
- Largest property: 1775 Dobbins Drive (33,105 square feet).
Industrial properties:
- Average size: 99,200 square feet.

Chapel Hill, NC Commercial Space Listings

Commercial Space for Lease - Breakdown

The 37 listings for commercial real estate currently available for rent in Chapel Hill add up to 978,353 square feet across various property types. Here's a breakdown of the available space by category:

Property Type	Count of Listings	Total Sq. Ft.
Office	23	793,966
Retail	10	94,435
Industrial	2	60,000
Other	2	29,952

Office properties:

The market has 23 active office listings, encompassing 793,966 square feet.
Chapel Hill office spaces currently listed on CommercialCafe represent 62% of the total commercial real estate market in Chapel Hill, compared to an average of 40% across all markets tracked by CommercialCafe.

Retail Space:

There are 10 retail listings available, adding up to a total of 94,435 square feet.
Retail spaces account for approximately 27% of the local commercial market, while the average share taken up by retail in all U.S. markets is 35%.

Industrial Space:

The industrial market in Chapel Hill offers 2 listings, amounting to 60,000 available square feet.
Industrial spaces, including warehouses and manufacturing sites, make up about 5% of the total commercial space available in the market, compared to a nationwide average of 24%.

Commercial Space for Sale - Breakdown

There are currently 11 properties listed for sale in the Chapel Hill market, adding up to 296,353 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:

4 office properties
1 retail properties
0 industrial properties

Property Type	Count of Listings	Total Sq. Ft.
Office	4	159,235
Retail	1	2,000
Other	6	135,118

Chapel Hill, NC Commercial Real Estate for Lease and Sale

Chatham Crossing

Aura Booth Park

Polks Village Center

Valley View Business Center

144 Old Lystra Road

1775 Dobbins Drive

150 East Rosemary Street

Frequently Asked Questions

Chapel Hill, NC Commercial Space Listings

Commercial Space for Lease - Breakdown

Commercial Space for Sale - Breakdown

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