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The Commons at Governors Village Chapel Hill, NC 27517

2,000 - 9,200 SF of Retail Space Available

Park Highlights

  • Build to suit.
  • New construction.
  • Buildings can be combined.
  • Tenant improvement allowance.
  • Upfit costs incurred by Landlord with long-term lease.

PARK FACTS

Park Type Office Park
Features
24 Hour Access
  • Corner Lot, Property Manager on Site, Signage, Monument Signage

all available spaces(2)

Display Rental Rate as

The Commons at Governors Village
1 Governors Dr - Parcel D - Governors Dr / Moring - Building 2
7,200 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Building Type
Retail
Building Subtype
Storefront Retail/Office
Year Built
2026
Gross Leaseable Area
14,400 SF
Zoning
R-1 - Residential
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 7,200 SF
  • 3-10 Years
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Shell Space
  • March 31, 2025

Build to suit. Can accommodate buildings to be all medical, retail, office, or a mix (e.g. medical over retail, office over medical).

  • Located in-line with other retail
  • • Negotiable lease terms.
  • Space is in Excellent Condition
Space Size Term Rental Rate Space Use Condition Available
1st Floor 7,200 SF 3-10 Years Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Retail Shell Space March 31, 2025
The Commons at Governors Village
1 Governors Dr - Parcel D - Governors Dr / Moring - Building 2
7,200 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Building Type
Retail
Building Subtype
Storefront Retail/Office
Year Built
2026
Gross Leaseable Area
14,400 SF
Zoning
R-1 - Residential

1 Governors Dr - 1st Floor

Size
7,200 SF
Term
3-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Condition
Shell Space
Available
March 31, 2025
The Commons at Governors Village
50200 Governors Dr - Parcel D - Governors Dr / Moring - Building 1
2,000 SF | $29.00 /SF/YR $2.42 /SF/MO $312.15 /m²/YR $26.01 /m²/MO $4,833 /MO $58,000 /YR
Building Type
Retail
Year Built
2024
Gross Leaseable Area
7,200 SF
Zoning
MU - Mixed Use
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 2,000 SF
  • Negotiable
  • $29.00 /SF/YR $2.42 /SF/MO $312.15 /m²/YR $26.01 /m²/MO $4,833 /MO $58,000 /YR
  • Retail
  • Shell Space
  • March 25, 2025

Build to suit. Can accommodate buildings to be all medical, retail, office, or a mix (e.g. medical over retail, office over medical).

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
  • Located in-line with other retail
  • • Negotiable lease terms.
Space Size Term Rental Rate Space Use Condition Available
1st Floor 2,000 SF Negotiable $29.00 /SF/YR $2.42 /SF/MO $312.15 /m²/YR $26.01 /m²/MO $4,833 /MO $58,000 /YR Retail Shell Space March 25, 2025
The Commons at Governors Village
50200 Governors Dr - Parcel D - Governors Dr / Moring - Building 1
2,000 SF | $29.00 /SF/YR $2.42 /SF/MO $312.15 /m²/YR $26.01 /m²/MO $4,833 /MO $58,000 /YR
Building Type
Retail
Year Built
2024
Gross Leaseable Area
7,200 SF
Zoning
MU - Mixed Use

50200 Governors Dr - 1st Floor

Size
2,000 SF
Term
Negotiable
Rental Rate
$29.00 /SF/YR $2.42 /SF/MO $312.15 /m²/YR $26.01 /m²/MO $4,833 /MO $58,000 /YR
Space Use
Retail
Condition
Shell Space
Available
March 25, 2025

1 Governors Dr - 1st Floor

Size 7,200 SF
Term 3-10 Years
Rental Rate Upon Request
Space Use Retail
Condition Shell Space
Available March 31, 2025

Build to suit. Can accommodate buildings to be all medical, retail, office, or a mix (e.g. medical over retail, office over medical).

  • Located in-line with other retail
  • Space is in Excellent Condition
  • • Negotiable lease terms.

50200 Governors Dr - 1st Floor

Size 2,000 SF
Term Negotiable
Rental Rate $29.00 /SF/YR
Space Use Retail
Condition Shell Space
Available March 25, 2025

Build to suit. Can accommodate buildings to be all medical, retail, office, or a mix (e.g. medical over retail, office over medical).

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • • Negotiable lease terms.

Park Overview

The Commons at Governors Village is the last piece development slated for the community at Governors Village. The build-to-suit opportunity includes two 1-story buildings and two 2-story buildings with free, ample parking for medical, office, and retail. Take advantage of prime visibility on the corner of Moring and Governors Drive. Smoke and vape shops are not permitted at this center.

  • 24 Hour Access
  • Corner Lot
  • Property Manager on Site
  • Signage
  • Monument Signage
  • Listing ID: 24859450

  • Date on Market: 5/10/2024

  • Last Updated:

  • Address: 50200 Governors Dr, Chapel Hill, NC 27517

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