120 East Franklin Street , Chapel Hill, NC

Retail - For Lease

For Lease 2,900SF

120 East Franklin Street
Chapel Hill, NC 27514

  • 2,900SF – For Lease
  • E. Franklin Street is the College Strip for the 31,500 students at UNC – Chapel Hill.
  • Foot traffic from students, numerous bars and restaurants as well as all the other retail options make this the liveliest pedestrian shopping district in Chapel Hill.
  • Even with some Covid restrictions in place, E. Franklin Street received 3,050,000 distinct pedestrian visits in 2021, a 13% increase from 2018.
  • The growth in traffic will be accelerated by eight new development projects (including the relocation of UNC’s Admission Office) currently underway on Franklin Street.
  • On Tarheel game days, the population explodes with fans flocking to the 60,000 seat Kenan Stadium or 21,750 seat Dean Dome and the surrounding area. Fans, alumni and students can be found on Franklin Street before and after the games enjoying the many offerings in the surrounding area.
  • Lease Rate: $27.00/SF NNN
  • RETAX & INSURANCE: $4.00

 

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