Chapel Hill Income Property

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1800 Martin Luther King Jr Boulevard

1800 Martin Luther King Jr Boulevard, Chapel Hill, NC 27514

1,000 SF$114,900

Office

Offering Price of $114,900 +/- 1,000 square feet Currently leased through March 21, 2015 Annual income $11,433 Tenant pays utilities (water, electric & gas) Taxes $1,548 annually and Association Dues $339 Quarterly First floor and built in 1986 Monument and suite signage Efficient and professional layout

Property Photo 2 photos
2 photos

5915 Farrington Road

5915 Farrington Road, Chapel Hill, NC 27517

2,988 SF$1,100,000

Office

Two medical office suites currently leased to UNC Healthcare System. Can be bought together or separately.Just past the intersection of I-40 and NC Hwy 54 interchange in Durham County w/Chapel Hill address.

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3 photos

141 Providence Road

141 Providence Road, Chapel Hill, NC 27514

4,012 SF$835,000

Office

This is a condo building. Building features a common lobby with an elevator, two 25 ton HVAC units, common area bathrooms, common water & electric meters, insulated low E glass, operable windows in suites, a quiet work environment, and a great location situated on a private busline. Two office suites currently occupied as a law office. Suites 210 and 220 have gross square footage of 1,524. Suite 200 has 4,012 gross square feet. They can be purchased together or separately.

Property Photo 3 photos
3 photos

141 Providence Road

141 Providence Road, Chapel Hill, NC 27514

1,524 SF$335,000

Office

This is a condo building. Building features a common lobby with an elevator, two 25 ton HVAC units, common area bathrooms, common water & electric meters, insulated low E glass, operable windows in suites, a quiet work environment, and a great location situated on a private busline. Two office suites currently occupied as a law office. Suites 210 and 220 have gross square footage of 1,524. Suite 200 has 4,012 gross square feet. They can be purchased together or separately.

Property Photo 1 photo

110 S Estes Drive

110 S Estes Drive, Chapel Hill, NC 27514

9,800 SF$1,900,000

Office

110 South Estes Drive is an approximately 9,800 square foot, two story, brick and glass medical office building on approximately .66 acres. The Building does have an elevator. While the Building was originally designed as a two tenant (multi-tenant) building, the Building is currently a single tenant building leased to Wake Radiology. A long term tenant. The current lease term runs through July 31, 2015, with an additional renewal option through January of 2019. This is a triple net lease with the Tenant also paying their pro-rata share of the cost of HVAC replacements based on their remaining lease term and the useful life of the equipment. The current loan MUST be assumed and it matures in January of 2016. The current loan has approximately $200,000 of escrowed funds for tenant improvements, brokerage fees, etc. that will transfer to a buyer as part of the sale of the Property. However, such funds must stay in escrow until the loan matures/is refinanced. However, this certainly increases the NOI and/or the effective CAP Rate. Upon receipt of a fully executed Confidentiality Agreement additional information is available (Lease, Amendments, Loan Documents, etc.

Property Photo 8 photos
8 photos

110 Timberhill Place

110 Timberhill Place, Chapel Hill, NC 27514

4,884 SF$760,000

Office

4,884 SF ground floor office suite in great Chapel Hill North location. Existing medical layout. Could be converted to general office use. Separate patient and staff entrances. Convenient parking. Visible location near corner of MLK Jr. Blvd and Weaver Dairy Road. Weaver Dairy Road at Perkins Drive, Chapel Hill. Just off I-40 at exit 266.

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33 photos

1506 E Franklin Street

1506 E Franklin Street, Chapel Hill, NC 27514

5,467 SF$929,390

Office

For sale or lease office condo with many upgrades to suite, including marble flooring in entry and conference room. Condo dues are $1,511.71 per month and includes electric, water & sewer. UPS & FedEx drop boxes on site. Great parking! **Tenant pays janitorial.

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2 photos

151 Old University Station Drive

151 Old University Station Drive, Chapel Hill, NC 27514

7,837 SF$2,950,000

Office

Fifteen year lease with UNC Health Care System that began September 1, 2012. Occupied as a burn reconstruction and aesthetics clinic. Great north Chapel Hill location off Airport Road (MLK, Jr. Blvd) between Weaver Dairy Road and Interstate 40. Adjacent to Chapel Hill North Shopping Center and across Weaver Dairy Road from Timberlyne Shopping Center

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11 photos

101 Europa Drive

101 Europa Drive, Chapel Hill, NC 27517

4,876 SF$1,120,000

Office

Great owner occupancy / investment opportunity in easily accessible Chapel Hill location (Next to Sheraton Hotel). Convenient to 15-501, banks, hotels, restaurants, downtown Chapel Hill, I-40 and other business related amenities.Rare opportunity to own Class A office space in Chapel Hill.Class A lobby with finished bathrooms on each floor. This beautiful office condominium was built in 2012 and has gross SF of 4,876 (4,240 SF net). The current owner is willing to sell it and lease it back for a period of six years with one five-year option to renew. Great investment opportunity. 15-501 to Europa Drive in Chapel Hill. Europa Place is behind the Sheraton

Property Photo 11 photos
11 photos

1829 E Franklin Street Suite 100 B & F

1829 E Franklin Street Suite 100 B & F, Chapel Hill, NC 27514

1,260 SF$165,000

Office

Former tutoring center consisting of a reception area, 7 offices/classrooms, and a private bath. Great parking and located on bus line.

Chapel Hill Income Property

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