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Timberlyne Village Chapel Hill 110 Banks Dr 5,350 SF of Office Space Available in Chapel Hill, NC 27514
HIGHLIGHTS
- Fully Furnished Office Space in Chapel Hill.
- 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 Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 200 | 5,350 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $8,025 /MO $96,300 /YR | TBD |
1st Floor, Ste 200
Fully furnished.
- Partially Built-Out as Standard Office
- Open Floor Plan Layout
- Natural Light
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 TIMBERLYNE VILLAGE CHAPEL HILL
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Domino’s
- Pizza
- 9,636
- International
- Taylor Keith A DDS Pa
- Health Care and Social Assistance
- 1
- -
- VCA Animal Hospitals
- Animal Care/Groom
- 921
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Domino’s | Pizza | 9,636 | International |
| Taylor Keith A DDS Pa | Health Care and Social Assistance | 1 | - |
| VCA Animal Hospitals | Animal Care/Groom | 921 | International |
PROPERTY FACTS
| Total Space Available | 5,350 SF | Gross Leasable Area | 13,000 SF |
| Property Type | Retail | Year Built | 1990 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.46/1,000 SF |
| Total Space Available | 5,350 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 13,000 SF |
| Year Built | 1990 |
| Parking Ratio | 2.46/1,000 SF |
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
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Weaver Dairy Rd | Perkins Dr, E | 12,063 | 2023 | 0.09 mi |
| Weaver Dairy Road | Perkins Dr, E | 12,243 | 2025 | 0.09 mi |
| Martin Luther King Junior Boulevard | Perkins Dr, NW | 28,029 | 2025 | 0.24 mi |
| Martin Luther King Jr Blvd | Perkins Dr, SE | 26,479 | 2025 | 0.34 mi |
| NC 86 | Martin Luther King Jr Blvd, S | 30,240 | 2024 | 0.54 mi |
| Whitfield Rd | Creek Wood Dr, NE | 3,626 | 2025 | 0.54 mi |
| Eubanks Road | Northwood Dr, W | 8,336 | 2025 | 0.60 mi |
| Airport Rd | Hwy 86, NW | 28,244 | 2025 | 0.61 mi |
| Eubanks Rd | Northwood Dr, W | 8,363 | 2024 | 0.64 mi |
| Whitfield Road | I- 40, SW | 4,103 | 2025 | 0.73 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
110 Banks Drive Exterior Staircase
110 Banks Drive Kitchen
110 Banks Drive Interior
110 Banks Drive Interior
Plat Map