|
1st Floor - Unit 140
|
Retail
|
25,592 SF
|
$10,184,000 USD
|
|
-
Unit Size: 25,592 SF
-
Condo Use: Retail
-
Price: $10,184,000 USD
-
Sale Type: Investment
-
Price/SF: $397.94 USD
Description
140 W Franklin is a premier high street retail asset in the heart of Chapel Hill, less than a one-minute walk from UNC’s 32,000+ student campus. Spanning 25,592 SF and 100% leased, the property is well established on Franklin Street by long-tenured, e-commerce resistant tenants including Spicy 9, Que Chula, and Sotheby’s International Realty. Surrounded by 200+ shops and restaurants along bustling Franklin Street and supported by affluent demographics with household incomes above $150,000 within five miles, it captures the vibrancy of one of America’s top college towns. With stable cash flow, embedded rent growth, and a truly irreplaceable location, 140 W Franklin offers investors both security and dynamic upside.
|
Gus Bowen
Berkeley Capital Advisors
