Avison Young is pleased to present a unique commercial property strategically located along Franklin Street. The property consists of a brick veneer building constructed in 1995 and totaling 7,188 square feet. Set on 1.13 acres, the property offers 3.6/1,000 surface parking with the potential to accommodate a wide variety of uses ranging from general office or healthcare clinic to financial institution or educational facility.
Prominent monument and building signage provide exceptional visibility for occupiers to more than 22,000 vehicles per day, and the location on E. Franklin Street offers seamless access to both Interstate 40 and UNC.
With land and construction prices increasing to new highs, and given the difficulty of new development in Chapel Hill, the offering presents a tremendous opportunity to acquire a first-class asset at a price well below replacement cost in a prime, infill location.