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Timberlyne Village Chapel Hill 110 Banks Dr 4,000 sq ft of Office Space Available in Chapel Hill, NC 27514
HIGHLIGHTS
- Fully Furnished Office Space in Chapel Hill.
- Surrounded by rapidly growing commercial and residential developments with a strong medical user presence.
- Located near the intersection of Weaver Dairy Rd. and MLK, Jr. Pkwy. and less than 1 mile from I-40 at Exit 266.
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 1st Floor, Ste 200 | 4,000 sq ft | 5-7 Years | £13.34 /sq ft pa £1.11 /sq ft pcm £53,347 pa £4,446 pcm | TBD |
1st Floor, Ste 200
Fully Furnished Modern Office Space with a combination of hard walled offices, open work spaces, conference rooms, break-rooms and a kitchen. Move in ready collaborative space comes with an abundance of storage, built-in shelving and equipment. Space may be subdivided if needed.
- Partially Fit-Out as Standard Office
- Open Floor Plan Layout
- Fits 10 - 32 People
- Conference Rooms
- Natural Light
- Open-Plan
- Kitchen
- Move-In Ready
- Collaborative Space
- Open Work Spaces
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 (NNN) 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 agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rent 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 rent 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 TIMBERLYNE VILLAGE CHAPEL HILL
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Domino’s
- Pizza
- 9,078
- International
- Taylor Keith A DDS Pa
- Health Care and Social Assistance
- 1
- -
- VCA Animal Hospitals
- Animal Care/Groom
- 1,007
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Domino’s | Pizza | 9,078 | International |
| Taylor Keith A DDS Pa | Health Care and Social Assistance | 1 | - |
| VCA Animal Hospitals | Animal Care/Groom | 1,007 | International |
PROPERTY FACTS
| Total Space Available | 4,000 sq ft | Net Internal Area (NIA) | 13,088 sq ft |
| Property Type | Retail | Year Built | 1990 |
| Property Subtype | Shopfront Retail / Office | Parking Allocation | 2.44/1,000 sq ft |
| Total Space Available | 4,000 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront Retail / Office |
| Net Internal Area (NIA) | 13,088 sq ft |
| Year Built | 1990 |
| Parking Allocation | 2.44/1,000 sq ft |
ABOUT THE PROPERTY
Fully Furnished Modern Office Space with a combination of hard walled offices, open work spaces, conference rooms, break-rooms and a kitchen. Move in ready collaborative space comes with an abundance of storage, built-in shelving and equipment. Space may be subdivided if needed. Located near the intersection of Weaver Dairy Rd. and MLK, Jr. Pkwy. and less than 1 mile from I-40 at Exit 266. Surrounded by rapidly growing commercial and residential developments with a strong medical user presence. Co-tenants include Timberlyne Animal Hospital, Domino’s Pizza, and Keith A Taylor, DDS Family Dentist
NEARBY MAJOR RETAILERS
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Timberlyne Village Chapel Hill | 110 Banks Dr
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