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111 Knox Way
Chapel Hill, NC 27516
Polks Village | NNN Leases · Retail Property For Sale
Investment Highlights
- Multi Tenant Retail & Medical Building | 8,928 Sq Ft | 2014 Construction
- Triple-Net (NNN) Leases | Modest Rents | WALT: 5.9 Years Remaining
- Adjacent to UNC Health Care and Chatham Ridge Assisted Living
- 100-Percent Occupied | 5-Local Tenants | Avg Suite Size: 1,785 Sq Ft
- Minimal Landlord Responsibilities: Condo Association Handles Maintenance Outside Of Building Footprint
- Nearby Major Retailers: Harris Teeter, Lowe’s Food, CVS, Walmart, Town & Country
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,928 SF
Building Class
B
Year Built
2014
Price
$4,291,531 CAD
Price Per SF
$480.68 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.64
Lot Size
0.32 AC
Zoning
CU-B-1
Parking
43 Spaces (4.82 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 89425 | Improvements Assessment | $2,171,356 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,171,356 CAD |
Property Taxes
Parcel Number
89425
Land Assessment
$0 CAD
Improvements Assessment
$2,171,356 CAD
Total Assessment
$2,171,356 CAD
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