The Courtyard of Chapel Hill_Property for Sale
The Courtyard of Chapel Hill_Property for Sale
431 W Franklin St, Chapel Hill, NC, 27516-2319, US

The Courtyard of Chapel Hill

Asset Description

Jones Lang LaSalle, Inc., a North Carolina licensed real estate broker (“JLL”),

has been retained as the exclusive sales representative for The Courtyard of

Chapel Hill, a mixed-use property offering desirable student housing amongst

a successful and an eclectic collection of local retail. The property is located in

the heart of Chapel Hill (less than 1/2 mile from UNC’s campus) on Franklin Street

(13,000 VPD), Chapel Hill’s most vibrant retail corridor.


The Courtyard of Chapel Hill offers investors a unique retail and residential asset

in the supply constrained and highly sought after Chapel Hill market. The high

barriers of entry limit future development along Franklin St. However, what makes

this opportunity so special, is the potential to assemble adjacent surface parking

and land lots. The Courtyard of Chapel Hill is the anchor to this hard corner and

critical for any potential long-term assemblage plans.

...

Attributes

Building area gross
17,874 sf
Occupancy
100%
Year built
1982
Land area gross
1.06 acres

Media

Investment Highlights

  • PREMIER LOCATION
  • EXCEPTIONAL DEMOGRAPHICS WITH PROJECTED GROWTH
  • RARE OPPORTUNITY ON FRANKLIN STREET
  • PROXIMITY TO PRESTIGIOUS UNC CHAPEL HILL
  • PRIME ACCESSIBILITY ALONG MAIN CORRIDOR
  • DEDICATED PARKING

Contact brokers

The Courtyard of Chapel Hill (0 Properties)

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Last updated
15 Nov 2023