1829 E Franklin St - Franklin Square - Bldg 1200
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1829 E Franklin St - Franklin Square - Bldg 1200
5,000 SF Office Condo Unit Offered at $846,000 in Chapel Hill, NC 27514
Investment Highlights
- Convenient to I-40, restaurants and branch banking
- Fully leased.
Property Facts Under Contract
| Price | $846,000 | Building Class | B |
| Unit Size | 5,000 SF | Floors | 1 |
| No. Units | 1 | Typical Floor Size | 5,000 SF |
| Total Building Size | 5,000 SF | Year Built | 1982 |
| Property Type | Office (Condo) | Lot Size | 0.47 AC |
| Sale Type | Investment | Parking Ratio | 2/1,000 SF |
| Price | $846,000 |
| Unit Size | 5,000 SF |
| No. Units | 1 |
| Total Building Size | 5,000 SF |
| Property Type | Office (Condo) |
| Sale Type | Investment |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 5,000 SF |
| Year Built | 1982 |
| Lot Size | 0.47 AC |
| Parking Ratio | 2/1,000 SF |
1 Unit Available
Unit B & C
| Unit Size | 5,000 SF | Sale Type | Investment |
| Price | $846,000 | Sale Status | Under Contract |
| Price Per SF | $169.20 | Cap Rate | 7.80% |
| Condo Use | Office | NOI | $66,000 |
| Unit Size | 5,000 SF |
| Price | $846,000 |
| Price Per SF | $169.20 |
| Condo Use | Office |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Cap Rate | 7.80% |
| NOI | $66,000 |
Description
1200 B fully renovated in 2013 and 1200 C in 2015 with
new flooring, lighting, and green glue (soundproofing
in walls)
Sale Notes
100% leased / 17 single office tenants
1200B Office
1200C Entry
1200C Waiting Area
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Bike Score ®
Very Bikeable (72)
Amenities
- Signage
zoning
| Zoning Code | OI-2 |
| OI-2 |
-
John Morris -
Morris Commercial, Inc.
(919) 942-1141
x101
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1829 E Franklin St - Franklin Square - Bldg 1200
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