Retail Business for Sale in Chapel Hill, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Chapel Hill, NC 27516

Description

A Mixed-Use Revolution in the Heart of Chapel Hill A collaborative partnership between Cousins Properties, Northwood Ravin and CBRE, Carolina Square creates a dynamic mixed-use project acting as a new hub of activity in Chapel Hill. The site provides unparalleled exposure and access to UNC's campus along Franklin Street.

Market Context

This retail in Chapel Hill, NC is listed for sale. It has been on the market for 148 days. Compare it against other retail listings for sale in Chapel Hill, NC — <a href="/search/sale/retail/north-carolina/chapel-hill">view the full market</a>.

As of Q1 2025, the Raleigh retail market showed a 21.0% vacancy rate, average asking rents near $38.19/SF/yr, rents up 3.1% year over year, and cap rates around 5.9%. Source: Consensus Q1 2025 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Raleigh?
About 5.9% as of Q1 2025, per Consensus.
Is the Raleigh retail market tightening or softening?
Vacancy is around 21.0%, with asking rents rising year over year (Q1 2025).

Unified Estimate

Very Low Confidence

$29.95/SF – $40.51/SF

Mid: $35.23/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market richmond (similarity: 100%) with 7 comparable listings.

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