116 W Barbee Chapel Rd | Chapel Hill, NC 27517
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- LoopNet Team
116 W Barbee Chapel Rd
Chapel Hill, NC 27517
Harris Teeter · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Extremely rare and highly sought after single tenant institutional grocery property | Very limited acquisition opportunities
- Corporate lease | Harris Teeter, LLC | 274+ locations across 8 U.S. states
- Located inside of dense retail-corridor | 1.1M SF within a 2-mile radius
- Attractive lease term | 8+ years remaining
- Part of the Meadowmont Community Association | 107K SF retail of space | 117K of office space
- Established operating history | Leased since 2002
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
44,926 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2002
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.24
Lot Size
4.33 AC
Zoning
R1
Parking
247 Spaces (5.43 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Freeway Visibility
- Signage
PROPERTY TAXES
| Parcel Number | 9798648897 | Improvements Assessment | $5,325,700 |
| Land Assessment | $3,174,400 | Total Assessment | $8,500,100 |
PROPERTY TAXES
Parcel Number
9798648897
Land Assessment
$3,174,400
Improvements Assessment
$5,325,700
Total Assessment
$8,500,100
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