Carolina Pointe I

For Sale

5915 Farrington Road - Suite 103, Chapel Hill, NC 27517

This Chapel Hill property for sale is located at 5915 Farrington Road - Suite 103. The general use of Carolina Pointe I is office and it incorporates 24,000 square feet of class B office space. The current listed sale price for Carolina Pointe I is $917,000.

Contacts

broker

Brian Farmer

Lee & Associates

Property Details

  • Property Type Office - General Office
  • Property Size 24,000 SF
  • Additional Rent Contact for pricing
  • Building Class B
  • Year Built 2003
  • Year Renovated 2023
  • Date Updated Aug 13, 2024
Located in Carolina Pointe 1 off Hwy. 54. Easy access to I-40. Abundant amenities nearby.Suite 103: 2,716 SF Medical condo for saleTwo office condos available for lease in Carolina Pointe I.

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Highlights

  • Leased by UNC Thrive, a physical therapy group
  • Over $320,000 in updates made in 2023
  • Cap rate: 6.5%
  • Approximately 4 years remaining on lease with (2) options to renew at fixed increases
  • POA Management onsite
  • Free onsite parking

Attachments

Getting around

  • 33/100

    Walk Score ®

  • 28/100

    Transit Score ®

  • 33/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chapel Hill, NC
  • Neighborhood Williams
  • Zip Code 27517
  • Market Raleigh Durham

Points of Interest

  • Red Ride Shuttle

    4.55 miles

  • Durham

    7.25 miles

  • Family Fare

    0.16 miles

  • Shell

    0.16 miles

  • BP

    1.38 miles

  • Shell

    1.41 miles

  • Valero

    1.55 miles

  • BP

    1.71 miles

  • Exxon

    2.28 miles

  • BP

    2.47 miles

  • Shell

    2.56 miles

  • BP

    2.61 miles

  • Friday Center Park and Ride Lot

    1.78 miles

  • Patterson Place

    2.56 miles

  • American Tobacco Trail Parking

    2.80 miles

  • Overflow Parking

    3.10 miles

  • Boshamer Lot

    3.29 miles

  • Cobb Parking Deck

    3.43 miles

  • Ram's Head Deck

    3.49 miles

  • Educational Foundation Parking Deck

    3.60 miles

  • Bell Tower Deck

    3.73 miles

  • Jackson Deck

    3.80 miles

  • Hampton Inn and Suites Chapel Hill / Durham Area

    0.25 miles

  • Holiday Inn Express Chapel Hill

    0.26 miles

  • Rizzo Center

    1.15 miles

  • Hyatt Place

    1.55 miles

  • Fairfield Inn & Suites Durham Southpoint

    1.61 miles

  • Courtyard by Marriott Chapel Hill

    1.68 miles

  • Aloft Chapel Hill

    2.24 miles

  • Staybridge Suites Durham-Chapel Hill-RTP

    2.52 miles

  • Homewood Suites by Hilton Durham-Chapel Hill / I-40

    2.58 miles

  • Sheraton

    2.59 miles

  • Harris Teeter

    1.47 miles

  • Harris Teeter

    1.58 miles

  • ALDI

    1.62 miles

  • Food Lion

    1.65 miles

  • Target

    1.70 miles

  • Glen Lennox Shopping Center

    2.32 miles

  • Glenwood Square

    2.37 miles

  • The Fresh Market

    2.38 miles

  • JCPenney

    2.42 miles

  • Roses

    2.45 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Brian Farmer

Lee & Associates