• Broker Hillman Duncan, CCIM, SIOR 9843699954
  • Broker Dennis Hurley, SIOR 9843699954
  • Broker Patti Autry 9843699954
  • Broker Taylor McCuiston 9843699954

136 Rosemary | 137 Franklin Chapel Hill, NC 27514 1,619 - 50,826 SF of Office Space Available

View Photo

PARK HIGHLIGHTS

  • Located within walking distance of UNC-Chapel Hill, surrounded by retail, dining, and lodging amenities.
  • Undergoing renovations to include a new façade and modern systems, plus various common touchdown and meeting areas for tenants.
  • LEED Certified by the US Green Building Council.
  • Ample parking available, as well as an on-site bike storage room.

PARK FACTS

Total Space Available 50,826 SF Park Type Office Park
Max. Contiguous 7,338 SF
Total Space Available 50,826 SF
Max. Contiguous 7,338 SF
Park Type Office Park

ALL AVAILABLE SPACES(6)

Display Rental Rate as

136 Rosemary | 137 Franklin
137 E Franklin St - 137 East
1,619 - 7,338 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Building Type/Class
Office/B
Year Built/Renovated
1973/2020
Building Size
130,916 SF
Building Height
7 Stories
Typical Floor Size
18,702 SF
  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Floor, Ste 210
  • 1,619 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Office
  • Partial Build-Out
  • Now
  • Partially Built-Out as Research and Development Space
  • Space is in Excellent Condition
  • Mostly Open Floor Plan Layout
  • Can be combined with additional space(s) for up to 7,338 SF of adjacent space
  • 136_Rosemary_Franklin_St_Brochure_6.2024
  • 2nd Floor, Ste 320
  • 5,719 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Office
  • Partial Build-Out
  • Now
  • Partially Built-Out as Research and Development Space
  • Space is in Excellent Condition
  • Mostly Open Floor Plan Layout
  • Can be combined with additional space(s) for up to 7,338 SF of adjacent space
  • 136_Rosemary_Franklin_St_Brochure_6.2024
Space Size Term Rental Rate Space Use Condition Available
2nd Floor, Ste 210 1,619 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Office Partial Build-Out Now
2nd Floor, Ste 320 5,719 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Office Partial Build-Out Now
136 Rosemary | 137 Franklin
137 E Franklin St - 137 East
1,619 - 7,338 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Building Type/Class
Office/B
Year Built/Renovated
1973/2020
Building Size
130,916 SF
Building Height
7 Stories
Typical Floor Size
18,702 SF

137 E Franklin St - 2nd Floor - Ste 210

Size
1,619 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Partial Build-Out
Available
Now

137 E Franklin St - 2nd Floor - Ste 320

Size
5,719 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Partial Build-Out
Available
Now
136 Rosemary | 137 Franklin
136 E Rosemary St
7,056 - 43,488 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Building Type/Class
Office/A
Year Built/Renovated
1972/2023
Building Size
118,500 SF
Building Height
7 Stories
Typical Floor Size
16,929 SF
  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Floor, Ste 230
  • 12,144 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now
  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • Open Floor Plan Layout
  • 136_Rosemary_Franklin_St_Brochure_6.2024
  • 4th Floor
  • 12,144 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now
  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • Open Floor Plan Layout
  • 136_Rosemary_Franklin_St_Brochure_6.2024
  • 5th Floor
  • 12,144 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Office
  • Partial Build-Out
  • Now
  • Partially Built-Out as Standard Office
  • Space is in Excellent Condition
  • Mostly Open Floor Plan Layout
  • 136_Rosemary_Franklin_St_Brochure_6.2024
  • 6th Floor
  • 7,056 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now
  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • Mostly Open Floor Plan Layout
  • Great location
  • 136_Rosemary_Franklin_St_Brochure_6.2024
Space Size Term Rental Rate Space Use Condition Available
2nd Floor, Ste 230 12,144 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
4th Floor 12,144 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
5th Floor 12,144 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Office Partial Build-Out Now
6th Floor 7,056 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
136 Rosemary | 137 Franklin
136 E Rosemary St
7,056 - 43,488 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Building Type/Class
Office/A
Year Built/Renovated
1972/2023
Building Size
118,500 SF
Building Height
7 Stories
Typical Floor Size
16,929 SF

136 E Rosemary St - 2nd Floor - Ste 230

Size
12,144 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

136 E Rosemary St - 4th Floor

Size
12,144 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

136 E Rosemary St - 5th Floor

Size
12,144 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Partial Build-Out
Available
Now

136 E Rosemary St - 6th Floor

Size
7,056 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

137 E Franklin St - 2nd Floor - Ste 210

Size 1,619 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Partial Build-Out
Available Now

  • Partially Built-Out as Research and Development Space
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 7,338 SF of adjacent space
  • 136_Rosemary_Franklin_St_Brochure_6.2024

137 E Franklin St - 2nd Floor - Ste 320

Size 5,719 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Partial Build-Out
Available Now

  • Partially Built-Out as Research and Development Space
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 7,338 SF of adjacent space
  • 136_Rosemary_Franklin_St_Brochure_6.2024

136 E Rosemary St - 2nd Floor - Ste 230

Size 12,144 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

  • Fully Built-Out as Standard Office
  • Open Floor Plan Layout
  • Space is in Excellent Condition
  • 136_Rosemary_Franklin_St_Brochure_6.2024

136 E Rosemary St - 4th Floor

Size 12,144 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

  • Fully Built-Out as Standard Office
  • Open Floor Plan Layout
  • Space is in Excellent Condition
  • 136_Rosemary_Franklin_St_Brochure_6.2024

136 E Rosemary St - 5th Floor

Size 12,144 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Partial Build-Out
Available Now

  • Partially Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • 136_Rosemary_Franklin_St_Brochure_6.2024

136 E Rosemary St - 6th Floor

Size 7,056 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • Great location
  • 136_Rosemary_Franklin_St_Brochure_6.2024

SELECT TENANTS AT THIS PROPERTY

  • CVS
  • Healthcare company that provides pharmacy services, health solutions, and retail services.

PARK OVERVIEW

The Central is an iconic Chapel Hill Landmark with unparalleled prominence and visibility in the center of downtown. Designed for connectivity, The Central is mere steps from the main campus of the University of North Carolina - Chapel Hill (UNC-CH) and immediately across from Porthole Alley, the new "gateway" into campus. Straddling two of Chapel Hill's most notable commercial streets, Franklin and Rosemary, The Central serves as a unique and primary connector to campus and offers tenants and their visitors the ease of access to both streets and the vast array of dining, shopping, and service options. 137 East Franklin Street, now branded as The Central, has recently undergone extensive exterior renovations to the Franklin Street façade with plans to activate and enhance the Rosemary exterior in the near future. Full renovations of the interior spaces are currently underway that will incorporate various common touchdown and meeting areas for tenants. The Central will provide collaborative and innovative workspaces that will inspire limitless creativity. Commuting is a breeze with a recently improved parking deck. Cyclists may take advantage of the on-site secured bike storage room or surrounding bike share stations. The Central is convenient to an abundant selection of amenities in the always trending Chapel Hill neighborhood. From fun and casual hip new eateries to classic fine dining, beverages, and retail, you can recharge with an alfresco lunch, window shop, or just take a brisk walk to take in some fresh air. It's all just steps away.

ATTACHMENTS

136_Rosemary_Franklin_St_Brochure_6.2024

DEMOGRAPHICS

Commute

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (81)

ABOUT ORANGE COUNTY

Located near downtown Durham, Orange County benefits from dense, highly educated population centers nearby. Its setting is mainly suburban, but its proximity to downtown attracts businesses and residents seeking access to amenities and entertainment at a more affordable price point than the urban core. Orange County’s population has steadily grown over the past several years, boosted by the region’s thriving economy.

Duke University and UNC Chapel Hill, two of the Triangle’s flagship universities, provide a network of highly skilled talent that has helped fuel economic growth in the region. The area is a well-known technology and healthcare hub, and its tenant base includes a number of research and development operations, IT firms, and startup companies. Major employers such as UNC Chapel Hill, UNC Health, and Aramark employ thousands of workers in the area.

Interstates 40 and 85 serve as the county’s major roadways, the former of which links Chapel Hill to neighboring cities Cary and Raleigh. Furthermore, the area is a short drive away from RDU International Airport, offering businesses the added convenience of a nearby airport. Rents here typically come at a discount to downtown Durham and Research Triangle Park, making it an attractive location for companies looking to capitalize on the area’s growth without the high rent cost.

NEARBY AMENITIES

RESTAURANTS

Mei Asian Asian $$ 1 min walk
I Love NY Pizza Pizza $ 3 min walk
La Residence Restaurant & Bar French $$$ 5 min walk
Mediterranean Deli Bakery And Catering-chapel Hill Deli $ 8 min walk
Elaine's On Franklin American $$$ 10 min walk

RETAIL

Bank of America Bank 1 min walk
FedEx Office Business/Copy/Postal Services 3 min walk
Target Dept Store 5 min walk

ABOUT THE OWNER

Beginning in 1963, Grubb Properties built their company on principle and took a different approach to real estate by creating housing for those who had been “redlined” from homeownership through banks practicing a form of loan discrimination. Grubb Properties has created value by combining prosperity with compassion. Their goal is to identify and execute on strategies to drive down the cost of housing and provide people with safe and stable homes — a critical component of a healthy community. They actively engage with their communities. By participating in places and connecting with residents, they are continually involved with how communities are changing as they contribute to wellbeing by making them happier, prosperous, and sustainable.
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MAP

ADDITIONAL PHOTOS

View Photo Attractive Glass Office Facade
View Photo Office Surrounded By Walkable Amenities
View Photo Prominent Downtown Offices For Lease
View Photo Beautiful Office Views
View Photo Office With Walkable Green Spaces
View Photo Office With Ample Public Parking Nearby
View Photo Contemporary Office Interiors
View Photo LEED Certified Office Space Available
View Photo Research and Development Suites
View Photo Downtown Office Suites With Passenger Elevators
View Photo Office Suites Near Shopping and Dining
  • Listing ID: 22454492

  • Date on Market: 10/26/2022

  • Last Updated: 4/1/2025

  • Address: 137 E Franklin St, Chapel Hill, NC 27514