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The Loft Offices 155-157 E Franklin St 280 - 3,035 sq ft of Office Space Available in Chapel Hill, NC 27514
HIGHLIGHTS
- 2 minute walk to Wallace Street parking deck.
- Fronts E Franklin St.
SPACE AVAILABILITY (4)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 2nd Floor, Ste 1 | 2,034 sq ft | Negotiable | £19.55 /sq ft pa £1.63 /sq ft pcm £39,774 pa £3,315 pcm | Full Service Gross | ||
| 2nd Floor, Ste 10 | 280 sq ft | Negotiable | £19.55 /sq ft pa £1.63 /sq ft pcm £5,475 pa £456.28 pcm | Full Service Gross | ||
| 2nd Floor, Ste 11 | 426 sq ft | Negotiable | £19.55 /sq ft pa £1.63 /sq ft pcm £8,330 pa £694.19 pcm | Full Service Gross | ||
| 2nd Floor, Ste 9 | 295 sq ft | Negotiable | £19.55 /sq ft pa £1.63 /sq ft pcm £5,769 pa £480.72 pcm | Full Service Gross |
2nd Floor, Ste 1
Common bathrooms & kitchen. Gathering room overlooking Franklin Street. One Conference room.
- Rate includes utilities, building services and property expenses
- Partially Fit-Out as Standard Office
- Mostly Open Floor Plan Layout
- 2 Private Offices
- 1 Conference Room
- Gathering room overlooking Franklin Street.
- Second floor suite.
2nd Floor, Ste 10
Second floor suite Secured access Common bathrooms & kitchen Gathering room overlooking Franklin Street
- Rate includes utilities, building services and property expenses
- Fully Fit-Out as Standard Office
- 1 Private Office
2nd Floor, Ste 11
Common bathrooms & kitchen. Gathering room overlooking Franklin Street. One private office.
- Rate includes utilities, building services and property expenses
- Fully Fit-Out as Standard Office
- Open Floor Plan Layout
- 1 Private Office
- Secured access
2nd Floor, Ste 9
Common bathrooms & kitchen Gathering room overlooking Franklin St
- Rate includes utilities, building services and property expenses
- Fully Fit-Out as Standard Office
- Open Floor Plan Layout
- 1 Private Office
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.
PROPERTY FACTS
| Total Space Available | 3,035 sq ft | Net Internal Area (NIA) | 15,000 sq ft |
| Property Type | Retail | Year Built | 1962 |
| Property Subtype | Shopfront Retail / Office | Parking Allocation | 0.47/1,000 sq ft |
| Total Space Available | 3,035 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront Retail / Office |
| Net Internal Area (NIA) | 15,000 sq ft |
| Year Built | 1962 |
| Parking Allocation | 0.47/1,000 sq ft |
FEATURES AND AMENITIES
- Bus Route
- Signage
NEARBY MAJOR RETAILERS
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The Loft Offices | 155-157 E Franklin St
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