SouthCourt
3211 Shannon Rd, Durham, NC, 27707-6322, US
12,940 m²
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.