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Investment Highlights
- Modern 2-story Office Condo Building.
- Opportunity for new owner to occupy some of space.
- Rare Facade Signage Available.
- Excellent investment; Fully leased with long term lease in place.
- Overlooking High-Traffic Fordham Blvd.
- Minutes from I-40 Intersection, Shopping, Clinics, Banks.
Executive Summary
Positioned in the heart of Chapel Hill’s thriving commercial corridor, 101 Cosgrove Avenue presents a rare opportunity to acquire a fully leased, two-story office condominium asset with long-term tenancy in place. This modern building comprises two units—Unit 200 (4,166 SF) and Unit 250 (2,464 SF)—each with dedicated tax parcels and strong tax valuations, totaling over $1.7 million. The property is offered at a competitive sale price of $1,950,000, representing an outstanding investment with stable income and future upside.
Strategically located along high-traffic Fordham Boulevard, the site benefits from exceptional visibility and rare facade signage opportunities. The building is minutes from the I-40 interchange, providing seamless access to Durham, Raleigh, and the Research Triangle Park. Tenants and visitors enjoy proximity to major retail centers, medical clinics, banks, and dining establishments including Trader Joe’s, Wegmans, Lowe’s, and Planet Fitness.
The building features elevator access, a secure entry system, ample surface parking, and a welcoming front lobby with signage. With the potential for partial owner occupancy, this property is ideal for investors seeking a turnkey asset with built-in flexibility. The surrounding area is a dynamic mix of residential neighborhoods and commercial activity, supported by strong demographics and continued growth in the Chapel Hill-Durham region.
Strategically located along high-traffic Fordham Boulevard, the site benefits from exceptional visibility and rare facade signage opportunities. The building is minutes from the I-40 interchange, providing seamless access to Durham, Raleigh, and the Research Triangle Park. Tenants and visitors enjoy proximity to major retail centers, medical clinics, banks, and dining establishments including Trader Joe’s, Wegmans, Lowe’s, and Planet Fitness.
The building features elevator access, a secure entry system, ample surface parking, and a welcoming front lobby with signage. With the potential for partial owner occupancy, this property is ideal for investors seeking a turnkey asset with built-in flexibility. The surrounding area is a dynamic mix of residential neighborhoods and commercial activity, supported by strong demographics and continued growth in the Chapel Hill-Durham region.
Property Facts
| Price | $2,660,034 CAD | Number of Properties | 2 |
| Price / SF | $371.57 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 7,159 SF |
| Status | Active |
| Price | $2,660,034 CAD |
| Price / SF | $371.57 CAD / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 7,159 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 101 Cosgrove Hill Ave, 2nd Floor - Unit 200, Chapel Hill, NC 27514 | Office Condo | 4,695 SF | 2009 | - |
| 101 Cosgrove Hill Ave, 2nd Floor - Unit 250, Chapel Hill, NC 27514 | Office Condo | 2,464 SF | 2009 | - |
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Suites 200-250
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