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30857965
30857966

111 Knox Wy, Chapel Hill, NC 27517

PB
Marcus & Millichap - Raleigh
AM
IL 475.147606, NC 264059
Marcus & Millichap - Raleigh
Marcus & Millichap - Charleston
Listed by Marcus & Millichap - Raleigh, Marcus & Millichap - Charleston
$3,075,000
90 days on market
Updated 90 days ago

Polks Village | NNN Leases

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 8,928
Net Rentable (SqFt) 8,928
Units 5
Occupancy 100%
Tenancy Multi
Price per SqFt $344
Year Built 2014
Buildings 1
Stories 1
Acreage 0.320
Parking Spaces 43 spaces
Parking Per SqFt 4.82
Investment Type Net Lease

Multi-Tenant Retail | 8,928 SqFt | 5-Local Tenants | 100% Occupied

Investment 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

  • Easy Access to US Highway 15-501 | Major Thoroughfare | 20,500+ VPD

  • Town of Chapel Hill, NC | Chatham County, NC | Raleigh-Durham-Chapel Hill Metro

Listing Contacts

PB
Marcus & Millichap - Raleigh
AM
IL 475.147606, NC 264059
Marcus & Millichap - Raleigh
Marcus & Millichap - Charleston
Listed by Marcus & Millichap - Raleigh, Marcus & Millichap - Charleston

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Additional Information

Name
Charles Gallagher
License
NC 351471
Title
Broker of Record
Name
Patrick Barratt
License
351056
Brokerage
Marcus & Millichap
Brokerage Phone
9196741141
Title
Retail Specialist
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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