Professional Office - Mixed Use Building

Highlights:

• Versatile Multi-Use Building - Flexible floor plan accommodates education, training, medical, or call center operations with dock-high loading and ample private offices.
• Excellent Owner-User Opportunity - 14,739 SF building on 1.18 AC provides significant space and land for expansion with elegant lobby, multiple conference rooms, elevator access, and professional Class B finishes at a competitive basis of $196.76/SF.
• Prime Chapel Hill Location - Direct I-40 access, 30 minutes to RDU Airport, surrounded by affluent demographics ($105K+ median household income), and excellent parking ratio of 3.5 spaces per 1,000 SF .
• Value-Add / Lease-Up Opportunity – Currently 100% vacant, the property offers investors the ability to implement a strategic lease-up plan and capture upside through new tenancy at market rental rates.
• Functional Two-Story Layout with Elevator Access – The building’s efficient two-story configuration, served by elevator access, supports single-tenant occupancy or potential multi-tenant demising. Clearly defined office suites, large meeting areas, and collaborative spaces allow for adaptable layouts that reduce future reconfiguration costs and downtime.
• Strong Research Triangle Positioning – Located within the greater Research Triangle region, the property benefits from proximity to major employment drivers including UNC-Chapel Hill, healthcare institutions, and Research Triangle Park. The area’s stable economic base, anchored by education, healthcare, and technology sectors, supports long-term office demand fundamentals.
• Limited Comparable Owner-User Inventory – Chapel Hill remains a highly desirable yet supplyconstrained office market, particularly for buildings of this size with dedicated parking and land area.

Description:

AiCRE Partners, marketed in cooperation with Just Be Home Realty, is pleased to present the opportunity to acquire a professional office building located at 300 Silver Cedar Court in Chapel Hill, North Carolina. Situated in the highly desirable Orange County submarket, this ±14,739 square foot, two-story Class B office asset offers flexible configuration options and strong fundamentals for both owner-users and value-add investors.

The property features a well-appointed main lobby, numerous private offices, multiple large meeting and training rooms, and functional workspace layouts suitable for a variety of professional uses. Dock-high loading provides additional operational flexibility rarely found in traditional office product, supporting users with light distribution, equipment delivery, or specialized operational needs. The existing floor plan allows for multi-tenant demising or single-tenant occupancy, creating adaptability for a wide range of business models.

Currently 100% vacant, the building presents a compelling opportunity for an owner-user to establish a presence in one of the Triangle’s most sought-after markets, or for an investor to execute a lease-up strategy in a supply-constrained submarket. The vacancy allows immediate occupancy and full control over buildout and branding, eliminating rollover risk and providing a blank canvas for customization.

Strategically positioned with convenient access to I-40 via NC-86, the property offers excellent regional connectivity throughout the Research Triangle, including Durham, Raleigh, and RTP. Raleigh-Durham International Airport is approximately 30 minutes away, enhancing accessibility for corporate users and traveling professionals. The surrounding area is supported by strong demographics, including an average household income exceeding $105,000 within a one-mile radius, reflecting the area’s affluent and highly educated population base.

Chapel Hill’s proximity to the University of North Carolina, major healthcare institutions, and the broader Research Triangle Park employment corridor continues to drive long-term economic stability and demand for professional services. 300 Silver Cedar Court represents a rare opportunity to acquire a well-located, functional office asset with immediate availability in one of North Carolina’s most dynamic and resilient markets.

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