• Broker Arnold Siegmund 9847895437

Franklin Park Chapel Hill, NC 27514 2,278 - 36,566 SF of Office Space Available

View Photo

PARK HIGHLIGHTS

  • Franklin Park is a three-building, 65,590-square-foot office park featuring classic brick façades and high-end finishes in Chapel Hill.
  • Centrally situated along Franklin Street, a major thoroughfare providing convenient access to Downtown Chapel Hill, Highway 501, and Interstate 40.
  • Chapel Hill is home to UNC at Chapel Hill, and is celebrated as one of the state's top college towns, blending live music, sports, & higher education.
  • Amenities include covered parking, shower and storage facilities, after-hours security, and professional on-site property management.
  • Within walking distance of University Place Shopping Mall and Village Plaza, offering an array of shops, restaurants, and entertainment.
  • Easily accessible to nearby areas such as Carrboro, Durham, Raleigh, and the Raleigh-Durham International Airport.

PARK FACTS

Total Space Available 36,566 SF Park Type Office Park
Max. Contiguous 7,670 SF
Total Space Available 36,566 SF
Max. Contiguous 7,670 SF
Park Type Office Park

ALL AVAILABLE SPACES(5)

Display Rental Rate as

Franklin Park
1520 E Franklin St
7,188 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Building Type/Class
Office/B
Year Built
1995
Building Size
7,188 SF
Building Height
1 Story
Typical Floor Size
7,188 SF
Parking
24 Spaces
  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 7,188 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Office
  • -
  • 30 Days
  • 1520 Franklin Park
Space Size Term Rental Rate Space Use Condition Available
1st Floor 7,188 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Office - 30 Days
Franklin Park
1520 E Franklin St
7,188 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Building Type/Class
Office/B
Year Built
1995
Building Size
7,188 SF
Building Height
1 Story
Typical Floor Size
7,188 SF
Parking
24 Spaces

1520 E Franklin St - 1st Floor

Size
7,188 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
-
Available
30 Days
Franklin Park
1516 E Franklin St
2,278 - 14,053 SF | $25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $4,841 - $29,863 /MO $58,089 - $358,352 /YR
Building Type/Class
Office/B
Year Built
1995
Building Size
20,272 SF
Building Height
2 Stories
Typical Floor Size
10,136 SF
Parking
68 Spaces
  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor, Ste 100
  • 6,383 SF
  • Negotiable
  • $25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $13,564 /MO $162,767 /YR
  • Office
  • Full Build-Out
  • 30 Days
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1516 E Franklin St, Chapel Hill, NC for lease Matterport 3D Scan- Image 1 of 5
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1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 4 of 5
Interior Photo
1516 E Franklin St, Chapel Hill, NC for lease Floor Plan- Image 5 of 5
Floor Plan
  • Rate includes utilities, building services and property expenses
  • Mostly Open Floor Plan Layout
  • Fully Built-Out as Standard Office
  • 1516 Franklin Park
  • 2nd Floor, Ste 203
  • 2,278 SF
  • Negotiable
  • $25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $4,841 /MO $58,089 /YR
  • Office
  • Full Build-Out
  • Now
1/6
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 1 of 6
Interior Photo
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 2 of 6
Interior Photo
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 3 of 6
Interior Photo
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 4 of 6
Interior Photo
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 5 of 6
Interior Photo
1516 E Franklin St, Chapel Hill, NC for lease Floor Plan- Image 6 of 6
Floor Plan
  • Rate includes utilities, building services and property expenses
  • Mostly Open Floor Plan Layout
  • Fully Built-Out as Standard Office
  • Can be combined with additional space(s) for up to 7,670 SF of adjacent space
  • 1516 Franklin Park
  • 2nd Floor, Ste 205
  • 5,392 SF
  • Negotiable
  • $25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $11,458 /MO $137,496 /YR
  • Office
  • Full Build-Out
  • Now
1516 E Franklin St, Chapel Hill, NC for lease Floor Plan- Image 1 of 1
Floor Plan
  • Rate includes utilities, building services and property expenses
  • Mostly Open Floor Plan Layout
  • Fully Built-Out as Standard Office
  • Can be combined with additional space(s) for up to 7,670 SF of adjacent space
  • 1516 Franklin Park
Space Size Term Rental Rate Space Use Condition Available
1st Floor, Ste 100 6,383 SF Negotiable $25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $13,564 /MO $162,767 /YR Office Full Build-Out 30 Days
2nd Floor, Ste 203 2,278 SF Negotiable $25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $4,841 /MO $58,089 /YR Office Full Build-Out Now
2nd Floor, Ste 205 5,392 SF Negotiable $25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $11,458 /MO $137,496 /YR Office Full Build-Out Now
Franklin Park
1516 E Franklin St
2,278 - 14,053 SF | $25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $4,841 - $29,863 /MO $58,089 - $358,352 /YR
Building Type/Class
Office/B
Year Built
1995
Building Size
20,272 SF
Building Height
2 Stories
Typical Floor Size
10,136 SF
Parking
68 Spaces

1516 E Franklin St - 1st Floor - Ste 100

Size
6,383 SF
Term
Negotiable
Rental Rate
$25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $13,564 /MO $162,767 /YR
Space Use
Office
Condition
Full Build-Out
Available
30 Days

1516 E Franklin St - 2nd Floor - Ste 203

Size
2,278 SF
Term
Negotiable
Rental Rate
$25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $4,841 /MO $58,089 /YR
Space Use
Office
Condition
Full Build-Out
Available
Now

1516 E Franklin St - 2nd Floor - Ste 205

Size
5,392 SF
Term
Negotiable
Rental Rate
$25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $11,458 /MO $137,496 /YR
Space Use
Office
Condition
Full Build-Out
Available
Now
Franklin Park
1512 E Franklin St
15,325 SF | $25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $32,566 /MO $390,788 /YR
Building Type/Class
Office/B
Year Built
1997
Building Size
38,130 SF
Building Height
2 Stories
Typical Floor Size
14,908 SF
Parking
169 Spaces
  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Floor, Ste 200
  • 15,325 SF
  • Negotiable
  • $25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $32,566 /MO $390,788 /YR
  • Office
  • Full Build-Out
  • 30 Days
1/6
1516 E Franklin St, Chapel Hill, NC for lease Matterport 3D Scan- Image 1 of 6
Matterport 3D Scan
1516 E Franklin St, Chapel Hill, NC for lease Floor Plan- Image 2 of 6
Floor Plan
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 3 of 6
Interior Photo
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 4 of 6
Interior Photo
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Interior Photo
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 6 of 6
Interior Photo
  • Rate includes utilities, building services and property expenses
  • Mostly Open Floor Plan Layout
  • Fully Built-Out as Standard Office
  • 1512 Franklin Park Brochure
Space Size Term Rental Rate Space Use Condition Available
2nd Floor, Ste 200 15,325 SF Negotiable $25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $32,566 /MO $390,788 /YR Office Full Build-Out 30 Days
Franklin Park
1512 E Franklin St
15,325 SF | $25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $32,566 /MO $390,788 /YR
Building Type/Class
Office/B
Year Built
1997
Building Size
38,130 SF
Building Height
2 Stories
Typical Floor Size
14,908 SF
Parking
169 Spaces

1512 E Franklin St - 2nd Floor - Ste 200

Size
15,325 SF
Term
Negotiable
Rental Rate
$25.50 /SF/YR $2.13 /SF/MO $274.48 /m²/YR $22.87 /m²/MO $32,566 /MO $390,788 /YR
Space Use
Office
Condition
Full Build-Out
Available
30 Days

1520 E Franklin St - 1st Floor

Size 7,188 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition -
Available 30 Days

  • 1520 Franklin Park
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Suite 100
1516 E Franklin St, Chapel Hill, NC for lease Building Photo- Image 3 of 5
Suite 100
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 4 of 5
Suite 100
1516 E Franklin St, Chapel Hill, NC for lease Floor Plan- Image 5 of 5
1st Floor - Floor Plan

1516 E Franklin St - 1st Floor - Ste 100

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1516 E Franklin St, Chapel Hill, NC for lease Matterport 3D Scan- Image 1 of 5
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1516 E Franklin St, Chapel Hill, NC for lease Building Photo- Image 2 of 5
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1516 E Franklin St, Chapel Hill, NC for lease Building Photo- Image 3 of 5
Building Photo
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 4 of 5
Interior Photo
1516 E Franklin St, Chapel Hill, NC for lease Floor Plan- Image 5 of 5
Floor Plan
Size 6,383 SF
Term Negotiable
Rental Rate $25.50 /SF/YR
Space Use Office
Condition Full Build-Out
Available 30 Days

  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • 1516 Franklin Park
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP
1/6
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 1 of 6
Suite 203
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 2 of 6
Suite 203
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 3 of 6
Suite 203
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 4 of 6
Suite 203
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 5 of 6
Suite 203
1516 E Franklin St, Chapel Hill, NC for lease Floor Plan- Image 6 of 6
2nd Floor - Floor Plan

1516 E Franklin St - 2nd Floor - Ste 203

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1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 1 of 6
Interior Photo
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 2 of 6
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1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 3 of 6
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1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 4 of 6
Interior Photo
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 5 of 6
Interior Photo
1516 E Franklin St, Chapel Hill, NC for lease Floor Plan- Image 6 of 6
Floor Plan
Size 2,278 SF
Term Negotiable
Rental Rate $25.50 /SF/YR
Space Use Office
Condition Full Build-Out
Available Now

  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Can be combined with additional space(s) for up to 7,670 SF of adjacent space
  • 1516 Franklin Park
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP
1516 E Franklin St, Chapel Hill, NC for lease Floor Plan- Image 1 of 1
2nd Floor - Floor Plan

1516 E Franklin St - 2nd Floor - Ste 205

1516 E Franklin St, Chapel Hill, NC for lease Floor Plan- Image 1 of 1
Floor Plan
Size 5,392 SF
Term Negotiable
Rental Rate $25.50 /SF/YR
Space Use Office
Condition Full Build-Out
Available Now

  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Can be combined with additional space(s) for up to 7,670 SF of adjacent space
  • 1516 Franklin Park
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP
1/6
1516 E Franklin St, Chapel Hill, NC for lease Floor Plan- Image 2 of 6
Floor Plan
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 3 of 6
15,325 SF
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 4 of 6
15,325 SF
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 5 of 6
15,325 SF
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 6 of 6
15,325 SF

1512 E Franklin St - 2nd Floor - Ste 200

1/6
1516 E Franklin St, Chapel Hill, NC for lease Matterport 3D Scan- Image 1 of 6
Matterport 3D Scan
1516 E Franklin St, Chapel Hill, NC for lease Floor Plan- Image 2 of 6
Floor Plan
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 3 of 6
Interior Photo
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 4 of 6
Interior Photo
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 5 of 6
Interior Photo
1516 E Franklin St, Chapel Hill, NC for lease Interior Photo- Image 6 of 6
Interior Photo
Size 15,325 SF
Term Negotiable
Rental Rate $25.50 /SF/YR
Space Use Office
Condition Full Build-Out
Available 30 Days

  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • 1512 Franklin Park Brochure

PARK OVERVIEW

Franklin Park at 1512-1520 E Franklin Street is a sought-after office center with superior amenities located in the heart of Chapel Hill, North Carolina. Spanning 65,590 square feet, this three-building park boasts a classic brick façade and high-end finishes. A variety of suites, ranging in square footage, are available, including move-in-ready opportunities. Tenants enjoy on-site conveniences, from covered parking and shower facilities to tenant storage and after-hours security. On-site professional property management services are also available. Franklin Street runs along the park and is one of the city's major thoroughfares, allowing for easy travel within and outside of town and convenience to several commuter routes, including Highway 501/Fordham Boulevard and Interstate 40, a public bus stop located right in front of the park, and into Downtown Chapel Hill. Franklin Park is within walking distance to the region's premier shopping destination, the University Place Shopping Mall and Village Plaza, home to a robust collection of shops and restaurants, a movie theater, Whole Foods, and special events. The proud home to the University of North Carolina at Chapel Hill, this serene suburb is considered one of the top college towns in the state. Chapel Hill embraces its reputation with an evident passion for live music, sports, nightlife, cuisine, and higher education. This family-friendly suburb offers residents access to the rotating exhibits at Ackland Art Museum and the picturesque greenery at the North Carolina Botanical Garden. The city of Chapel Hill is convenient to Carrboro, Durham, Raleigh, and the Raleigh-Durham International Airport. From the hiking trails at the Carolina North Forest to the retailers and restaurants at University Place, Chapel Hill has something for everyone.

ATTACHMENTS

1516 Franklin Park
1520 Franklin Park Brochure
1512 Franklin Park Brochure

DEMOGRAPHICS

Commute

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
Bike Score®
Very Bikeable (75)

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

Dunkin' Cafe - 5 min walk
Il Palio Italian $$$ 5 min walk
Caribou Coffee Cafe $ 6 min walk
Minga Korean $$$ 7 min walk
Tandoor Indian Restaurant - $$$ 9 min walk
Osteria Georgi Italian $$$ 10 min walk
CAVA - - 11 min walk
Great Harvest Bread Co - - 13 min walk
Clean Juice - - 13 min walk
Stoney River Steakhouse & Grill Steakhouse $$$ 14 min walk

RETAIL

Edward Jones Finance Company 5 min walk
Walgreens Drug Store 5 min walk
Circle K Convenience Market 5 min walk
United States Postal Service Business/Copy/Postal Services 7 min walk
State Farm Insurance 9 min walk
Hollywood Feed Pet Shop/Supplies 11 min walk
Eat the Frog Fitness Fitness 11 min walk
The Good Feet Store Other Retail 11 min walk
Whole Foods Market Supermarket 11 min walk

HOTELS

Autograph Collection
79 rooms
2 min drive
Tru by Hilton
98 rooms
4 min drive
Quality Inn
119 rooms
5 min drive
Sheraton Hotel
168 rooms
5 min drive
Residence Inn
108 rooms
5 min drive
aloft Hotel
130 rooms
6 min drive

ABOUT THE OWNER

RealOp Investments is a value-based owner and operator throughout the Southeast United States, with a portfolio consisting of over 4.2 million square feet located in 10 major markets. They strive to implement regular capital improvement measures, seeking to optimize building aesthetics and operations, repositioning them for leasing success and first-class management. RealOp’s team of dedicated dealmakers are transaction driven and focused on providing solutions through an entrepreneurial mindset and flexible lease structuring.
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MAP

ADDITIONAL PHOTOS

View Photo Ample On-site Parking
View Photo Well-Located Office Space In A Park Setting
View Photo Proximate to Downtown Chapel Hill
View Photo Main Entrance
View Photo Lobby And Elevator Landing
  • Listing ID: 33870064

  • Date on Market: 4/30/2025

  • Last Updated: 5/8/2025

  • Address: 1516 E Franklin St, Chapel Hill, NC 27514