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1203 Martin Luther King Jr Blvd
Chapel Hill, NC 27514
Pinnacle Bank · Retail Property For Sale
Investment Highlights
- Credit rated tenant in premium Chapel Hill market at 6% cap rate
- Convenient to I-40, providing quick access to RTP, RDU and Downtown Raleigh
- Over $1M in property improvements added by bank tenants
- Five minutes from UNC and Chapel Hill, and a quick drive to Duke and Downtown Durham
- High traffic location with access to rapidly growing customer base
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
5,427 SF
Building Class
B
Year Built
1981
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.63 AC
Zoning
NC/R-3 - Neighborhood commercial
Parking
13 Spaces (2.4 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 9789294188 | Improvements Assessment | $1,082,400 |
| Land Assessment | $540,100 | Total Assessment | $1,622,500 |
Property Taxes
Parcel Number
9789294188
Land Assessment
$540,100
Improvements Assessment
$1,082,400
Total Assessment
$1,622,500
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