111 Knox Way - Freestanding FOR SALE


Chapel Hill, NC 27516
$3,075,000 USD
312-543-0090
111 Knox Way, Chapel Hill, NC for Sale
$3,075,000 USD
Freestanding - FOR SALE
1/8
null | Request Cap Rate

111 Knox Way
Chapel Hill, NC 27516


HIGHLIGHTS

  • Multi Tenant Retail & Medical Building | 8,928 Sq Ft | 2014 Construction
  • 100-Percent Occupied | 5-Local Tenants | Avg Suite Size: 1,785 Sq Ft
  • Triple-Net (NNN) Leases | Modest Rents | WALT: 5.9 Years Remaining
  • Minimal Landlord Responsibilities: Condo Association Handles Maintenance Outside Of Building Footprint
  • Adjacent to UNC Health Care and Chatham Ridge Assisted Living
  • Nearby Major Retailers: Harris Teeter, Lowe’s Food, CVS, Walmart, Town & Country

FOR SALE DETAILS

PRICE

$3,075,000 USD

PRICE/SF

$342 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Polks Village | NNN Leases

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,852 SF

ZONING

CU-B-1

APN/PARCEL ID

89425

ASK ABOUT THIS PROPERTY

Andrew MarguliesMarcus & MillichapMore Info
312-543-0090

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Andrew MarguliesMarcus & MillichapMore Info
312-543-0090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.