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Park Highlights
- Franklin Park is a three-building, 65,590-square-foot office park featuring classic brick façades and high-end finishes in Chapel Hill.
- Centrally situated along Franklin Street, a major thoroughfare providing convenient access to Downtown Chapel Hill, Highway 501, and Interstate 40.
- Chapel Hill is home to UNC at Chapel Hill, and is celebrated as one of the state's top college towns, blending live music, sports, & higher education.
- Amenities include covered parking, shower and storage facilities, after-hours security, and professional on-site property management.
- Within walking distance of University Place Shopping Mall and Village Plaza, offering an array of shops, restaurants, and entertainment.
- Easily accessible to nearby areas such as Carrboro, Durham, Raleigh, and the Raleigh-Durham International Airport.
PARK FACTS
Total Space Available | 36,566 SF | Park Type | Office Park |
Max. Contiguous | 7,670 SF |
Total Space Available | 36,566 SF |
Max. Contiguous | 7,670 SF |
Park Type | Office Park |
all available spaces(5)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
- Rate includes utilities, building services and property expenses
- Office intensive layout
- Fully Built-Out as Standard Office
Space | Size | Term | Rental Rate | Space Use | Condition | Available |
1st Floor | 7,188 SF | Negotiable | $25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $15,275 /MO $183,294 /YR | Office | Full Build-Out | 30 Days |
1520 E Franklin St - 1st Floor
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
- Rate includes utilities, building services and property expenses
- Rate includes utilities, building services and property expenses
- Can be combined with additional space(s) for up to 7,670 SF of adjacent space
- Rate includes utilities, building services and property expenses
- Can be combined with additional space(s) for up to 7,670 SF of adjacent space
Space | Size | Term | Rental Rate | Space Use | Condition | Available |
1st Floor, Ste 100 | 6,383 SF | Negotiable | $25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $13,564 /MO $162,767 /YR | Office | - | 30 Days |
2nd Floor, Ste 203 | 2,278 SF | Negotiable | $25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $4,841 /MO $58,089 /YR | Office | - | Now |
2nd Floor, Ste 205 | 5,392 SF | Negotiable | $25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $11,458 /MO $137,496 /YR | Office | - | April 01, 2025 |
1516 E Franklin St - 1st Floor - Ste 100
1516 E Franklin St - 2nd Floor - Ste 203
1516 E Franklin St - 2nd Floor - Ste 205
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
- Rate includes utilities, building services and property expenses
Space | Size | Term | Rental Rate | Space Use | Condition | Available |
2nd Floor, Ste 200 | 15,325 SF | Negotiable | $25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $32,566 /MO $390,788 /YR | Office | - | 30 Days |
1512 E Franklin St - 2nd Floor - Ste 200
1520 E Franklin St - 1st Floor
Size | 7,188 SF |
Term | Negotiable |
Rental Rate | $25.50 /SF/YR |
Space Use | Office |
Condition | Full Build-Out |
Available | 30 Days |
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Office intensive layout
1516 E Franklin St - 1st Floor - Ste 100
Size | 6,383 SF |
Term | Negotiable |
Rental Rate | $25.50 /SF/YR |
Space Use | Office |
Condition | - |
Available | 30 Days |
- Rate includes utilities, building services and property expenses
1516 E Franklin St - 2nd Floor - Ste 203
Size | 2,278 SF |
Term | Negotiable |
Rental Rate | $25.50 /SF/YR |
Space Use | Office |
Condition | - |
Available | Now |
- Rate includes utilities, building services and property expenses
- Can be combined with additional space(s) for up to 7,670 SF of adjacent space
1516 E Franklin St - 2nd Floor - Ste 205
Size | 5,392 SF |
Term | Negotiable |
Rental Rate | $25.50 /SF/YR |
Space Use | Office |
Condition | - |
Available | April 01, 2025 |
- Rate includes utilities, building services and property expenses
- Can be combined with additional space(s) for up to 7,670 SF of adjacent space
1512 E Franklin St - 2nd Floor - Ste 200
Size | 15,325 SF |
Term | Negotiable |
Rental Rate | $25.50 /SF/YR |
Space Use | Office |
Condition | - |
Available | 30 Days |
- Rate includes utilities, building services and property expenses
Park Overview
Franklin Park at 1512-1520 E Franklin Street is a sought-after office center with superior amenities located in the heart of Chapel Hill, North Carolina. Spanning 65,590 square feet, this three-building park boasts a classic brick façade and high-end finishes. A variety of suites, ranging in square footage, are available, including move-in-ready opportunities. Tenants enjoy on-site conveniences, from covered parking and shower facilities to tenant storage and after-hours security. On-site professional property management services are also available. Franklin Street runs along the park and is one of the city's major thoroughfares, allowing for easy travel within and outside of town and convenience to several commuter routes, including Highway 501/Fordham Boulevard and Interstate 40, a public bus stop located right in front of the park, and into Downtown Chapel Hill. Franklin Park is within walking distance to the region's premier shopping destination, the University Place Shopping Mall and Village Plaza, home to a robust collection of shops and restaurants, a movie theater, Whole Foods, and special events. The proud home to the University of North Carolina at Chapel Hill, this serene suburb is considered one of the top college towns in the state. Chapel Hill embraces its reputation with an evident passion for live music, sports, nightlife, cuisine, and higher education. This family-friendly suburb offers residents access to the rotating exhibits at Ackland Art Museum and the picturesque greenery at the North Carolina Botanical Garden. The city of Chapel Hill is convenient to Carrboro, Durham, Raleigh, and the Raleigh-Durham International Airport. From the hiking trails at the Carolina North Forest to the retailers and restaurants at University Place, Chapel Hill has something for everyone.
Park Brochure
About Orange County
Located near downtown Durham, Orange County benefits from dense, highly educated population centers nearby. Its setting is mainly suburban, but its proximity to downtown attracts businesses and residents seeking access to amenities and entertainment at a more affordable price point than the urban core. Orange County’s population has steadily grown over the past several years, boosted by the region’s thriving economy.
Duke University and UNC Chapel Hill, two of the Triangle’s flagship universities, provide a network of highly skilled talent that has helped fuel economic growth in the region. The area is a well-known technology and healthcare hub, and its tenant base includes a number of research and development operations, IT firms, and startup companies. Major employers such as UNC Chapel Hill, UNC Health, and Aramark employ thousands of workers in the area.
Interstates 40 and 85 serve as the county’s major roadways, the former of which links Chapel Hill to neighboring cities Cary and Raleigh. Furthermore, the area is a short drive away from RDU International Airport, offering businesses the added convenience of a nearby airport. Rents here typically come at a discount to downtown Durham and Research Triangle Park, making it an attractive location for companies looking to capitalize on the area’s growth without the high rent cost.
Nearby Amenities
Restaurants |
|||
---|---|---|---|
Dunkin' | Cafe | - | 5 min walk |
Il Palio | Italian | $$$ | 5 min walk |
Caribou Coffee | Cafe | $ | 6 min walk |
Minga | Korean | $$$ | 7 min walk |
Tandoor Indian Restaurant | - | $$$ | 9 min walk |
Osteria Georgi | Italian | $$$ | 10 min walk |
CAVA | - | - | 11 min walk |
Great Harvest Bread Co | - | - | 13 min walk |
Clean Juice | - | - | 13 min walk |
Stoney River Steakhouse & Grill | Steakhouse | $$$ | 14 min walk |
Retail |
||
---|---|---|
Edward Jones | Finance Company | 5 min walk |
Walgreens | Drug Store | 5 min walk |
Circle K | Convenience Market | 5 min walk |
United States Postal Service | Business/Copy/Postal Services | 7 min walk |
State Farm | Insurance | 9 min walk |
Hollywood Feed | Pet Shop/Supplies | 11 min walk |
Eat the Frog Fitness | Fitness | 11 min walk |
The Good Feet Store | Other Retail | 11 min walk |
Whole Foods Market | Supermarket | 11 min walk |
Hotels |
|
---|---|
Autograph Collection |
79 rooms
2 min drive
|
Tru by Hilton |
98 rooms
4 min drive
|
Quality Inn |
119 rooms
5 min drive
|
Sheraton Hotel |
168 rooms
5 min drive
|
Residence Inn |
108 rooms
5 min drive
|
aloft Hotel |
130 rooms
6 min drive
|
Leasing Agent
Arnold Siegmund, Principal, Landlord Representation
Arnold is a member of the Knights of Columbus and serves as a coach for the Capital Area Soccer League (CASL).
About the Owner
Presented by
Franklin Park | Chapel Hill, NC 27514
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