Chapel Hill Commercial Real Estate

Need Help Finding Space?
The Lundy Group
I represent tenants and can
help you go see this space.
1129 Weaver Dairy Rd - 3 Spaces Chapel Hill, NC space type: community center
Sep 08
1,790 - 4,570
sqft
Retail
2160 Environ Way - Unit 2160 (Floor 1) Chapel Hill, NC  
Aug 11
2,800
sqft
Mixed Use Office Retail
201 Sage Rd - 2 Spaces Chapel Hill, NC rental rate negotiable and furniture negotiable
Jun 29
3,000 - 15,220
sqft
Sublease Office
1113 Environ Way - 2 Spaces Chapel Hill, NC Close Highway.
May 17
1,280 - 1,820
sqft
Retail

Chapel Hill

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,000

Chapel Hill Rates

The typical asking rate per listing is in the $20's per square foot per year. The Chapel Hill submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $14 per sqft per year. That's a 35% decline in rent.

Compared to the rest of the The Triangle market, the Chapel Hill submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Chapel Hill Listing Supply

In the last 90 days, 180 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the available space in the Chapel Hill are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this market were built in 2001 and are Class A.

Chapel Hill Community

Market Data

Real time and historical data on commercial real estate listings in Chapel Hill.
Research