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The Hayes Building 1201 Raleigh Rd 700 - 800 SF of Office Space Available in Chapel Hill, NC 27517
Highlights
- Conveniently located along Raleigh Rd and Highway 15-501 Bypass in Chapel Hill, offering easy access to major highways and surrounding communities.
- The property includes 30 parking spaces for staff and visitors.
- Built in 1961, this property sits on a 3.38-acre lot, providing spacious grounds and excellent visibility.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 2nd Floor, Ste 203 | 700-800 SF | 8’ - 9’ | 2 Years | $21.00 /SF/YR $1.75 /SF/MO $16,800 /YR $1,400 /MO | Modified Gross |
2nd Floor, Ste 203
Tenant upfit needed, will need a new paint job and new flooring. Tenant responsible for paying portion of WiFi.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Fits 2 - 7 People
- 3 Private Offices
- Finished Ceilings: 8’ - 9’
- Space In Need of Renovation
- Central Air and Heating
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 800 SF | Gross Leasable Area | 8,000 SF |
| Min. Divisible | 700 SF | Year Built | 1961 |
| Property Type | Retail | Parking Ratio | 3.75/1,000 SF |
| Property Subtype | Freestanding | Cross Streets | Highway 15-501 Byp |
| Total Space Available | 800 SF |
| Min. Divisible | 700 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 8,000 SF |
| Year Built | 1961 |
| Parking Ratio | 3.75/1,000 SF |
| Cross Streets | Highway 15-501 Byp |
About the Property
Located at 1201 Raleigh Rd and Highway 15-501 Bypass in Chapel Hill, this commercial property offers an 8,000-square-foot building situated on a 3.38-acre lot.
- Bus Line
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
Carolina Realty of Chapel Hill Inc
The Hayes Building | 1201 Raleigh Rd
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