1600 E Franklin St 13,006 SF 62% Leased Office Building Chapel Hill, NC 27514 $2,300,000 ($176.84/SF)

1600 E Franklin Street presents a compelling opportunity to acquire a well-positioned professional office asset in one of Chapel Hill’s most visible and strategically connected commercial corridors. Situated on a full one-acre corner parcel, the property offers a commanding street presence along East Franklin Street, one of the region’s most recognized east-west thoroughfares linking Chapel Hill to Durham and the broader Triangle. The building’s modern design features an extensive glass line that delivers abundant natural light and elevated views, supported by elevator access and a layout well suited for professional, medical, or creative office users.
Two full floors are secured by a long-term tenancy with Coldwell Banker HPW, providing stability through 2029 and delivering an immediate income foundation for investors seeking predictable cash flow in a supply-constrained market. The asset’s location near major routes including US-501 and Durham-Chapel Hill Boulevard reinforces accessibility for clients and employees from neighboring markets such as Carrboro, Durham, and Research Triangle Park. The surrounding area offers a blend of residential density, daily-needs retail, and professional services that make this corridor a highly desirable business hub.