401 E Franklin St | Chapel Hill, NC 27514
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- LoopNet Team
401 E Franklin St
Chapel Hill, NC 27514
Ever Chapel Hill · Retail Property For Sale
Investment Highlights
- BELOW MARKET RENTS: With Market Rent For This Section of Franklin Street Being $31/SF and the Property Being Below Market
- COVERED LAND PLAY: Excellent Opportunity For Redevelopment in a TC-2 Zone
- STRONG CONSUMER BUYING POWER: The Average Household Income Within a 3-Mile Radius of the Property is an Impressive $101,741
- PROPERTY IN GREAT CONDITION: Each Space Has Been Fully Renovated One By One Since 2017
- GENERATIONAL REAL ESTATE: Ever Chapel Hill is a True Pride of Ownership Asset in the Most Prominent Location of Franklin Street
- The Property is Conveniently Located at the Signalized Hard Corner of W Franklin and Mallette Street That Sees 17,161 VPD
PROPERTY FACTS
Property Type
Building Size
8,906 SF
Year Built/Renovated
1942/2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.08
Lot Size
0.19 AC
Zoning
R6
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