• Broker Chris Ehrenfeld 9198835502 x LA
  • Broker Chela Tu 9192607059
  • Broker Lew Hendricks 8284340678

The Commons at Governors Village Chapel Hill, NC 27517 1,300 - 6,500 SF of Retail Space Available

View Photo

PARK HIGHLIGHTS

  • Build to suit.
  • New construction.
  • Buildings can be combined.
  • Tenant improvement allowance.
  • Upfit costs incurred by Landlord with long-term lease.

PARK FACTS

Total Space Available 6,500 SF Features
24 Hour Access
  • Corner Lot, Property Manager on Site, Signage, Monument Signage
Park Type Office Park
Total Space Available 6,500 SF
Park Type Office Park
Features
24 Hour Access
  • Corner Lot, Property Manager on Site, Signage, Monument Signage

ALL AVAILABLE SPACES(5)

Display Rental Rate as

The Commons at Governors Village
1 Governors Dr - Building 2
1,300 - 6,500 SF | $29.00 - $32.00 /SF/YR $2.42 - $2.67 /SF/MO $312.15 - $344.45 /m²/YR $26.01 - $28.70 /m²/MO $3,142 - $16,250 /MO $37,700 - $195,000 /YR
Building Type
Retail
Building Subtype
Storefront Retail/Office
Year Built
2026
Gross Leaseable Area
14,400 SF
Zoning
R-1 - Residential
  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor, Ste 1
  • 1,300 SF
  • 3-10 Years
  • $32.00 /SF/YR $2.67 /SF/MO $344.45 /m²/YR $28.70 /m²/MO $3,467 /MO $41,600 /YR
  • Retail
  • Shell Space
  • August 01, 2026
50200 Governors Dr, Chapel Hill, NC for lease Floor Plan- Image 1 of 1
Floor Plan

Build to suit. Can accommodate buildings to be all medical, retail, office, or a mix (e.g. medical over retail, office over medical).

  • Highly Desirable End Cap Space
  • Can be combined with additional space(s) for up to 6,500 SF of adjacent space
  • Patio use included with end cap unit.
  • Space is in Excellent Condition
  • Negotiable lease terms
  • Brochure
  • 1st Floor, Ste 2
  • 1,300 SF
  • 3-10 Years
  • $29.00 /SF/YR $2.42 /SF/MO $312.15 /m²/YR $26.01 /m²/MO $3,142 /MO $37,700 /YR
  • Retail
  • -
  • August 01, 2026
50200 Governors Dr, Chapel Hill, NC for lease Floor Plan- Image 1 of 1
Floor Plan

Build to suit. Can accommodate buildings to be all medical, retail, office, or a mix (e.g. medical over retail, office over medical).

  • Located in-line with other retail
  • Negotiable lease terms
  • Can be combined with additional space(s) for up to 6,500 SF of adjacent space
  • Brochure
  • 1st Floor, Ste 3
  • 1,300 SF
  • 3-10 Years
  • $29.00 /SF/YR $2.42 /SF/MO $312.15 /m²/YR $26.01 /m²/MO $3,142 /MO $37,700 /YR
  • Retail
  • -
  • August 01, 2026
50200 Governors Dr, Chapel Hill, NC for lease Building Photo- Image 1 of 1
Building Photo

Build to suit. Can accommodate buildings to be all medical, retail, office, or a mix (e.g. medical over retail, office over medical).

  • Located in-line with other retail
  • Negotiable lease terms
  • Can be combined with additional space(s) for up to 6,500 SF of adjacent space
  • Brochure
  • 1st Floor, Ste 4
  • 1,300 SF
  • 3 Years
  • $29.00 /SF/YR $2.42 /SF/MO $312.15 /m²/YR $26.01 /m²/MO $3,142 /MO $37,700 /YR
  • Retail
  • -
  • August 01, 2026
50200 Governors Dr, Chapel Hill, NC for lease Building Photo- Image 1 of 1
Building Photo

Build to suit. Can accommodate buildings to be all medical, retail, office, or a mix (e.g. medical over retail, office over medical).

  • Located in-line with other retail
  • Negotiable lease terms
  • Can be combined with additional space(s) for up to 6,500 SF of adjacent space
  • Brochure
  • 1st Floor, Ste 5
  • 1,300 SF
  • 3 Years
  • $31.00 /SF/YR $2.58 /SF/MO $333.68 /m²/YR $27.81 /m²/MO $3,358 /MO $40,300 /YR
  • Retail
  • -
  • August 01, 2026
50200 Governors Dr, Chapel Hill, NC for lease Building Photo- Image 1 of 1
Building Photo

Build to suit. Can accommodate buildings to be all medical, retail, office, or a mix (e.g. medical over retail, office over medical).

  • Highly Desirable End Cap Space
  • Negotiable lease terms
  • Can be combined with additional space(s) for up to 6,500 SF of adjacent space
  • Brochure
Space Size Term Rental Rate Space Use Condition Available
1st Floor, Ste 1 1,300 SF 3-10 Years $32.00 /SF/YR $2.67 /SF/MO $344.45 /m²/YR $28.70 /m²/MO $3,467 /MO $41,600 /YR Retail Shell Space August 01, 2026
1st Floor, Ste 2 1,300 SF 3-10 Years $29.00 /SF/YR $2.42 /SF/MO $312.15 /m²/YR $26.01 /m²/MO $3,142 /MO $37,700 /YR Retail - August 01, 2026
1st Floor, Ste 3 1,300 SF 3-10 Years $29.00 /SF/YR $2.42 /SF/MO $312.15 /m²/YR $26.01 /m²/MO $3,142 /MO $37,700 /YR Retail - August 01, 2026
1st Floor, Ste 4 1,300 SF 3 Years $29.00 /SF/YR $2.42 /SF/MO $312.15 /m²/YR $26.01 /m²/MO $3,142 /MO $37,700 /YR Retail - August 01, 2026
1st Floor, Ste 5 1,300 SF 3 Years $31.00 /SF/YR $2.58 /SF/MO $333.68 /m²/YR $27.81 /m²/MO $3,358 /MO $40,300 /YR Retail - August 01, 2026
The Commons at Governors Village
1 Governors Dr - Building 2
1,300 - 6,500 SF | $29.00 - $32.00 /SF/YR $2.42 - $2.67 /SF/MO $312.15 - $344.45 /m²/YR $26.01 - $28.70 /m²/MO $3,142 - $16,250 /MO $37,700 - $195,000 /YR
Building Type
Retail
Building Subtype
Storefront Retail/Office
Year Built
2026
Gross Leaseable Area
14,400 SF
Zoning
R-1 - Residential

1 Governors Dr - 1st Floor - Ste 1

Size
1,300 SF
Term
3-10 Years
Rental Rate
$32.00 /SF/YR $2.67 /SF/MO $344.45 /m²/YR $28.70 /m²/MO $3,467 /MO $41,600 /YR
Space Use
Retail
Condition
Shell Space
Available
August 01, 2026

1 Governors Dr - 1st Floor - Ste 2

Size
1,300 SF
Term
3-10 Years
Rental Rate
$29.00 /SF/YR $2.42 /SF/MO $312.15 /m²/YR $26.01 /m²/MO $3,142 /MO $37,700 /YR
Space Use
Retail
Condition
-
Available
August 01, 2026

1 Governors Dr - 1st Floor - Ste 3

Size
1,300 SF
Term
3-10 Years
Rental Rate
$29.00 /SF/YR $2.42 /SF/MO $312.15 /m²/YR $26.01 /m²/MO $3,142 /MO $37,700 /YR
Space Use
Retail
Condition
-
Available
August 01, 2026

1 Governors Dr - 1st Floor - Ste 4

Size
1,300 SF
Term
3 Years
Rental Rate
$29.00 /SF/YR $2.42 /SF/MO $312.15 /m²/YR $26.01 /m²/MO $3,142 /MO $37,700 /YR
Space Use
Retail
Condition
-
Available
August 01, 2026

1 Governors Dr - 1st Floor - Ste 5

Size
1,300 SF
Term
3 Years
Rental Rate
$31.00 /SF/YR $2.58 /SF/MO $333.68 /m²/YR $27.81 /m²/MO $3,358 /MO $40,300 /YR
Space Use
Retail
Condition
-
Available
August 01, 2026
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP
50200 Governors Dr, Chapel Hill, NC for lease Floor Plan- Image 1 of 1
Floor Plan

1 Governors Dr - 1st Floor - Ste 1

50200 Governors Dr, Chapel Hill, NC for lease Floor Plan- Image 1 of 1
Floor Plan
Size 1,300 SF
Term 3-10 Years
Rental Rate $32.00 /SF/YR
Space Use Retail
Condition Shell Space
Available August 01, 2026

Build to suit. Can accommodate buildings to be all medical, retail, office, or a mix (e.g. medical over retail, office over medical).

  • Highly Desirable End Cap Space
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 6,500 SF of adjacent space
  • Negotiable lease terms
  • Patio use included with end cap unit.
  • Brochure
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP
50200 Governors Dr, Chapel Hill, NC for lease Floor Plan- Image 1 of 1
Floor Plan

1 Governors Dr - 1st Floor - Ste 2

50200 Governors Dr, Chapel Hill, NC for lease Floor Plan- Image 1 of 1
Floor Plan
Size 1,300 SF
Term 3-10 Years
Rental Rate $29.00 /SF/YR
Space Use Retail
Condition -
Available August 01, 2026

Build to suit. Can accommodate buildings to be all medical, retail, office, or a mix (e.g. medical over retail, office over medical).

  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 6,500 SF of adjacent space
  • Negotiable lease terms
  • Brochure
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP
50200 Governors Dr, Chapel Hill, NC for lease Building Photo- Image 1 of 1
Floor Plan

1 Governors Dr - 1st Floor - Ste 3

50200 Governors Dr, Chapel Hill, NC for lease Building Photo- Image 1 of 1
Building Photo
Size 1,300 SF
Term 3-10 Years
Rental Rate $29.00 /SF/YR
Space Use Retail
Condition -
Available August 01, 2026

Build to suit. Can accommodate buildings to be all medical, retail, office, or a mix (e.g. medical over retail, office over medical).

  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 6,500 SF of adjacent space
  • Negotiable lease terms
  • Brochure
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP
50200 Governors Dr, Chapel Hill, NC for lease Building Photo- Image 1 of 1
Floor Plan

1 Governors Dr - 1st Floor - Ste 4

50200 Governors Dr, Chapel Hill, NC for lease Building Photo- Image 1 of 1
Building Photo
Size 1,300 SF
Term 3 Years
Rental Rate $29.00 /SF/YR
Space Use Retail
Condition -
Available August 01, 2026

Build to suit. Can accommodate buildings to be all medical, retail, office, or a mix (e.g. medical over retail, office over medical).

  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 6,500 SF of adjacent space
  • Negotiable lease terms
  • Brochure
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP
50200 Governors Dr, Chapel Hill, NC for lease Building Photo- Image 1 of 1
Floor Plan

1 Governors Dr - 1st Floor - Ste 5

50200 Governors Dr, Chapel Hill, NC for lease Building Photo- Image 1 of 1
Building Photo
Size 1,300 SF
Term 3 Years
Rental Rate $31.00 /SF/YR
Space Use Retail
Condition -
Available August 01, 2026

Build to suit. Can accommodate buildings to be all medical, retail, office, or a mix (e.g. medical over retail, office over medical).

  • Highly Desirable End Cap Space
  • Can be combined with additional space(s) for up to 6,500 SF of adjacent space
  • Negotiable lease terms
  • Brochure

PARK OVERVIEW

The Commons at Governors Village is the last piece development slated for the community at Governors Village. The build-to-suit opportunity includes two 1-story buildings and two 2-story buildings with free, ample parking for medical, office, and retail. Take advantage of prime visibility on the corner of Moring and Governors Drive. Smoke and vape shops are not permitted at this center.

  • 24 Hour Access
  • Corner Lot
  • Property Manager on Site
  • Signage
  • Monument Signage

ATTACHMENTS

Governors Village - Commons

MAP

ADDITIONAL PHOTOS

View Photo Commons - Rendering
View Photo Commons - Aerial
View Photo Commons - Pre Construction
View Photo Commons - Rendering
View Photo Commons - Rendering
View Photo Commons - Rendering
View Photo Governors Village - Aerial
View Photo Commons - Master Plan
View Photo Commons - Aerial
View Photo Commons - Aerial
  • Listing ID: 24859450

  • Date on Market: 1/22/2025

  • Last Updated: 4/16/2025

  • Address: 50200 Governors Dr, Chapel Hill, NC 27517