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HIGHLIGHTS
- Positioned along US 64 and Hwy 421 with 750 feet of frontage
- Anchored by Harbor Freight and other established retailers
- Ample parking with 272 spaces and excellent site visibility
- Daily traffic counts exceeding 20,000 vehicles
- Located in the fast-growing Carolina Core economic corridor
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 205 | 1,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 207 | 2,100 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 209 | 1,600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 211 | 1,600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 213 | 1,600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
245 Chatham Sq - 1st Floor - Ste 205
Chatham Square sits in the heart of the Carolina Core — a fast-rising 150-mile economic corridor stretching through central North Carolina and attracting major employers, new residents and record level investment. The region’s momentum is fueled by a workforce of more than 2 million people, strong household income growth and steady in-migration from across the country. For retailers, this corridor delivers a rare combination: expanding rooftops, expanding payrolls and expanding consumer spending. The Core’s mega sites and business parks continue to draw advanced manufacturing, biotech and logistics companies, each adding new jobs and daily traffic to surrounding trade areas. Positioning in Chatham Square gives tenants immediate access to this surge — a built-in customer base, rising daytime population and long-term demand drivers that support stable sales and future growth.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Prime inline retail location near Harbor Freight
- Excellent visibility along East 11th Street corrid
- Ideal for quick-service or specialty retail concep
245 Chatham Sq - 1st Floor - Ste 207
Chatham Square sits in the heart of the Carolina Core — a fast-rising 150-mile economic corridor stretching through central North Carolina and attracting major employers, new residents and record level investment. The region’s momentum is fueled by a workforce of more than 2 million people, strong household income growth and steady in-migration from across the country. For retailers, this corridor delivers a rare combination: expanding rooftops, expanding payrolls and expanding consumer spending. The Core’s mega sites and business parks continue to draw advanced manufacturing, biotech and logistics companies, each adding new jobs and daily traffic to surrounding trade areas. Positioning in Chatham Square gives tenants immediate access to this surge — a built-in customer base, rising daytime population and long-term demand drivers that support stable sales and future growth.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Larger footprint for flexible layout options
- Positioned for strong foot traffic within center
- Great signage opportunity facing main drive aisle
245 Chatham Sq - 1st Floor - Ste 209
Chatham Square sits in the heart of the Carolina Core — a fast-rising 150-mile economic corridor stretching through central North Carolina and attracting major employers, new residents and record level investment. The region’s momentum is fueled by a workforce of more than 2 million people, strong household income growth and steady in-migration from across the country. For retailers, this corridor delivers a rare combination: expanding rooftops, expanding payrolls and expanding consumer spending. The Core’s mega sites and business parks continue to draw advanced manufacturing, biotech and logistics companies, each adding new jobs and daily traffic to surrounding trade areas. Positioning in Chatham Square gives tenants immediate access to this surge — a built-in customer base, rising daytime population and long-term demand drivers that support stable sales and future growth.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Larger footprint for flexible layout options
- High exposure to traffic counts exceeding 20,000
- Perfect for boutique or service-oriented retailer
245 Chatham Sq - 1st Floor - Ste 211
Chatham Square sits in the heart of the Carolina Core — a fast-rising 150-mile economic corridor stretching through central North Carolina and attracting major employers, new residents and record level investment. The region’s momentum is fueled by a workforce of more than 2 million people, strong household income growth and steady in-migration from across the country. For retailers, this corridor delivers a rare combination: expanding rooftops, expanding payrolls and expanding consumer spending. The Core’s mega sites and business parks continue to draw advanced manufacturing, biotech and logistics companies, each adding new jobs and daily traffic to surrounding trade areas. Positioning in Chatham Square gives tenants immediate access to this surge — a built-in customer base, rising daytime population and long-term demand drivers that support stable sales and future growth.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Centrally located for balanced customer flow
- Surrounded by complementary retail tenants
- Adaptable space for multiple retail uses
245 Chatham Sq - 1st Floor - Ste 213
Chatham Square sits in the heart of the Carolina Core — a fast-rising 150-mile economic corridor stretching through central North Carolina and attracting major employers, new residents and record level investment. The region’s momentum is fueled by a workforce of more than 2 million people, strong household income growth and steady in-migration from across the country. For retailers, this corridor delivers a rare combination: expanding rooftops, expanding payrolls and expanding consumer spending. The Core’s mega sites and business parks continue to draw advanced manufacturing, biotech and logistics companies, each adding new jobs and daily traffic to surrounding trade areas. Positioning in Chatham Square gives tenants immediate access to this surge — a built-in customer base, rising daytime population and long-term demand drivers that support stable sales and future growth.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Inline position with strong co-tenancy benefits
- Excellent visibility from parking field
- Ready for immediate build-out and occupancy
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT CHATHAM SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Countryside Collectables And Antique Mall
- Dollar/Variety/Thrift
- 1
- Local
- Harbor Freight
- Hardware
- 1,847
- National
- New China Inn
- Accommodation and Food Services
- 1
- -
- PTA Thrift
- Retailer
- 1
- -
- R&R Vape
- Retailer
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Countryside Collectables And Antique Mall | Dollar/Variety/Thrift | 1 | Local |
| Harbor Freight | Hardware | 1,847 | National |
| New China Inn | Accommodation and Food Services | 1 | - |
| PTA Thrift | Retailer | 1 | - |
| R&R Vape | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 8,300 SF | Frontage | 483’ on 11th St |
| Center Type | Neighborhood Center | Gross Leasable Area | 72,904 SF |
| Parking | 452 Spaces | Total Land Area | 8.72 AC |
| Stores | 11 | Year Built | 1930 |
| Center Properties | 3 | Cross Streets | NWC US Hwy 64 & E Raleigh St |
| Total Space Available | 8,300 SF |
| Center Type | Neighborhood Center |
| Parking | 452 Spaces |
| Stores | 11 |
| Center Properties | 3 |
| Frontage | 483’ on 11th St |
| Gross Leasable Area | 72,904 SF |
| Total Land Area | 8.72 AC |
| Year Built | 1930 |
| Cross Streets | NWC US Hwy 64 & E Raleigh St |
ABOUT THE PROPERTY
Chatham Square is a well-positioned retail center in the heart of Siler City’s rapidly expanding trade area, offering exceptional visibility and accessibility along East 11th Street near US Highway 64 and Highway 421. This ±69,741 SF multi-tenant property spans 7.8 acres and features 750 feet of direct frontage, ample surface parking with 272 spaces, and a strategic location within the Raleigh-Durham-Chapel Hill metropolitan region. The center is anchored by Harbor Freight and complemented by established tenants such as PTA Thrift Shop and Countryside Collectibles, creating a strong retail mix that drives consistent traffic. Siler City is experiencing robust growth fueled by new industrial employers, the transformative Chatham Park development, and projected population increases exceeding 10% over the next five years. With daily traffic counts surpassing 20,000 vehicles and household incomes averaging more than $66,000 within a five-mile radius, Chatham Square offers retailers a rare opportunity to capture both local and regional customers. The property’s proximity to major highways ensures convenient access to Raleigh, Greensboro, and surrounding communities, making it an ideal destination for service, dining, and specialty retail concepts seeking long-term stability and growth.
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Chatham Square | 110 E Raleigh St
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