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$27,123
Property Description
Positioned at the crossroads of innovation, healthcare, and education, 605 Eastowne Drive presents a rare office leasing opportunity in one of Chapel Hill's most sought-after locations. Just minutes from UNC Hospitals, Duke Hospital, and I-40, the property combines accessibility with an infrastructure designed to support modern professional and service-oriented organizations. The property is available for lease, with the added opportunity to purchase. Fully renovated in 2019, this 12,788 GSF building blends traditional office space with features not commonly found in Chapel Hill's office market. Tenants will find zoned cooling with eight HVAC systems, dedicated conference and office areas, and expansive open spaces that can be configured for team operations, assembly, or specialized service needs. The property also offers unique logistical advantages with ample onsite parking, a loading dock and leveler, freight access, and a 42'' wide entry with ramp for efficient movement of supplies and equipment--making it especially appealing for groups that bridge office and field work. Beyond functionality, 605 Eastowne Drive delivers significant value. Sixty KW Solar Array reduces electricity costs by approximately $1,000 per month, benefiting tenants directly. An EV charging station supports today's workforce, while secure access ensures peace of mind. Ample storage space adds flexibility rarely available in standard office environments. Google Fiber, Spectrum Fiber, and AT&T Fiber internet available onsite. Especially well-suited for: Medical-adjacent organizations serving UNC, Duke, & the Research Triangle's healthcare ecosystem Nonprofits and service providers seeking a highly functional yet welcoming base of operations Professional teams that require both traditional office space & robust logistical capacity Lease Type: Tenant pays all operating expenses, excluding property taxes and insurance (landlord-paid) Tenant Insurance: Tenant must carry its own policy
Full Property Details
Full Property Details for 605 Eastowne Dr
General
- Price: $27,123
- Taxes: $25,770 (2024)
- Status: Active
- Type: Commercial Lease
- Source: 2253
- MLS ID: 100526589
- Updated: 5/13/2026
- Added to Site: 264 day(s) ago
Business
- Business Type: Professional/Office, Professional Service, Business
Rental Information
- Lease/Rent Term: Negotiable
- Lease Info: NNN
Interior
- Flooring: LVT/LVP, Carpet, Concrete, Tile
Parking
- Parking Features: Asphalt, On Site
Location
- County: Orange
- Subdivision: Other
- Driving Directions: I-40 (Westboun d) Take Exit 266 for NC-15/NC-501. At the end of the ramp, turn rt onNC-15/501 S. Proceed 0.6 miles, turn rt onto Eastowne Drive. Continue straight--605 Eastowne Dr. is on right. From Chapel Hill, Head SE on E Franklin Street toward I-40. Continue on NC-15/501 South ( toward I-40). Turn lft. on Eastowne Drive. Follow Eastowne Drive for about 0.3 miles to 605 Eastowne Drive.
Heating & Cooling
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Roof: Metal
- Square Feet: 12,090
- Year Built: 1984
Lot Features
- Lot Size (Acres): 1.04
- Lot Size (Sq. Ft.): 45,302
- Lot Dimensions: 220.9' x 155' x 219' x 268'
- Frontage: City Street, State Road
- Zoning: OI-2
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $2.24
- Land Lease Fee Freq: Annually
- Lease Price: $25
- For Sale/Rent/Lease: Lease
- Security Deposit: $27,152
- Assessment Amount: $1,559,100
- Tax Amount: $25,770.36
- Tax Year: 2024
- Owner Pays: Taxes
- Tenant Pays: Trash Collection, All Utilities, Insurance, Janitorial Service, Electricity, Exterior Maintenance, Taxes, Pest Control
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 17 Eastowne Hills P33/113 & P37/163
- Property ID: 9890719233
- Block: 1018
Listed by VRC, Ltd., Randolph S Voller and VRC, Ltd., John Foley
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Schools
Schools serving 605 Eastowne Dr
School District:Chapel Hill-Carrboro Schools
| Name | Grades | Distance |
|---|---|---|
Mel And Zora Rashkis Elementary School 601 Meadowmont Lane, Chapel Hill, NC 27517 | K-5 | 2.6 mi |
Guy Phillips Middle School 606 North Estes Drive, Chapel Hill, NC 27514 | 6-8 | 2.4 mi |
East Chapel Hill High School 500 Weaver Dairy Road, Chapel Hill, NC 27514 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 605 Eastowne Dr
Date
Details
Price
Change
Source
8/22/2025
Listed
$27,123
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for 605 Eastowne Dr
605 Eastowne Drive, Chapel Hill, NC 27514 (MLS# 100526589) is a Commercial Lease property. 605 Eastowne Drive is currently listed for $27,123 and was received on August 22, 2025. Want to learn more about 605 Eastowne Drive? Do you have questions about finding other Commercial Lease real estate for sale in Chapel Hill? You can browse all Chapel Hill real estate or contact a Coldwell Banker agent to request more information.
