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The Commons at Governors Village Chapel Hill, NC 27517

1,300 - 6,500 SF of Retail Space Available

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
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 | $41.84 - $46.16 CAD/SF/YR $3.49 - $3.85 CAD/SF/MO $450.32 - $496.91 CAD/m²/YR $37.53 - $41.41 CAD/m²/MO $4,532 - $23,443 CAD/MO $54,388 - $281,315 CAD/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
  • $46.16 CAD/SF/YR $3.85 CAD/SF/MO $60,014 CAD/YR $5,001 CAD/MO
  • Retail
  • Shell Space
  • 2025-03-31

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
  • 1st Floor, Ste 2
  • 1,300 SF
  • 3-10 Years
  • $41.84 CAD/SF/YR $3.49 CAD/SF/MO $54,388 CAD/YR $4,532 CAD/MO
  • Retail
  • -
  • Now

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
  • 1st Floor, Ste 3
  • 1,300 SF
  • 3-10 Years
  • $41.84 CAD/SF/YR $3.49 CAD/SF/MO $54,388 CAD/YR $4,532 CAD/MO
  • Retail
  • -
  • Now

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
  • 1st Floor, Ste 4
  • 1,300 SF
  • 3 Years
  • $41.84 CAD/SF/YR $3.49 CAD/SF/MO $54,388 CAD/YR $4,532 CAD/MO
  • Retail
  • -
  • Now

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
  • 1st Floor, Ste 5
  • 1,300 SF
  • 3 Years
  • $44.72 CAD/SF/YR $3.73 CAD/SF/MO $58,138 CAD/YR $4,845 CAD/MO
  • Retail
  • -
  • Now

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
Space Size Term Rental Rate Space Use Condition Available
1st Floor, Ste 1 1,300 SF 3-10 Years $46.16 CAD/SF/YR $3.85 CAD/SF/MO $60,014 CAD/YR $5,001 CAD/MO Retail Shell Space 2025-03-31
1st Floor, Ste 2 1,300 SF 3-10 Years $41.84 CAD/SF/YR $3.49 CAD/SF/MO $54,388 CAD/YR $4,532 CAD/MO Retail - Now
1st Floor, Ste 3 1,300 SF 3-10 Years $41.84 CAD/SF/YR $3.49 CAD/SF/MO $54,388 CAD/YR $4,532 CAD/MO Retail - Now
1st Floor, Ste 4 1,300 SF 3 Years $41.84 CAD/SF/YR $3.49 CAD/SF/MO $54,388 CAD/YR $4,532 CAD/MO Retail - Now
1st Floor, Ste 5 1,300 SF 3 Years $44.72 CAD/SF/YR $3.73 CAD/SF/MO $58,138 CAD/YR $4,845 CAD/MO Retail - Now
The Commons at Governors Village
1 Governors Dr - Building 2
1,300 - 6,500 SF | $41.84 - $46.16 CAD/SF/YR $3.49 - $3.85 CAD/SF/MO $450.32 - $496.91 CAD/m²/YR $37.53 - $41.41 CAD/m²/MO $4,532 - $23,443 CAD/MO $54,388 - $281,315 CAD/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
$46.16 CAD/SF/YR $3.85 CAD/SF/MO $60,014 CAD/YR $5,001 CAD/MO
Space Use
Retail
Condition
Shell Space
Available
2025-03-31

1 Governors Dr - 1st Floor - Ste 2

Size
1,300 SF
Term
3-10 Years
Rental Rate
$41.84 CAD/SF/YR $3.49 CAD/SF/MO $54,388 CAD/YR $4,532 CAD/MO
Space Use
Retail
Condition
-
Available
Now

1 Governors Dr - 1st Floor - Ste 3

Size
1,300 SF
Term
3-10 Years
Rental Rate
$41.84 CAD/SF/YR $3.49 CAD/SF/MO $54,388 CAD/YR $4,532 CAD/MO
Space Use
Retail
Condition
-
Available
Now

1 Governors Dr - 1st Floor - Ste 4

Size
1,300 SF
Term
3 Years
Rental Rate
$41.84 CAD/SF/YR $3.49 CAD/SF/MO $54,388 CAD/YR $4,532 CAD/MO
Space Use
Retail
Condition
-
Available
Now

1 Governors Dr - 1st Floor - Ste 5

Size
1,300 SF
Term
3 Years
Rental Rate
$44.72 CAD/SF/YR $3.73 CAD/SF/MO $58,138 CAD/YR $4,845 CAD/MO
Space Use
Retail
Condition
-
Available
Now

1 Governors Dr - 1st Floor - Ste 1

Size 1,300 SF
Term 3-10 Years
Rental Rate $46.16 CAD/SF/YR
Space Use Retail
Condition Shell Space
Available 2025-03-31

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.

1 Governors Dr - 1st Floor - Ste 2

Size 1,300 SF
Term 3-10 Years
Rental Rate $41.84 CAD/SF/YR
Space Use Retail
Condition -
Available Now

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

1 Governors Dr - 1st Floor - Ste 3

Size 1,300 SF
Term 3-10 Years
Rental Rate $41.84 CAD/SF/YR
Space Use Retail
Condition -
Available Now

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

1 Governors Dr - 1st Floor - Ste 4

Size 1,300 SF
Term 3 Years
Rental Rate $41.84 CAD/SF/YR
Space Use Retail
Condition -
Available Now

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

1 Governors Dr - 1st Floor - Ste 5

Size 1,300 SF
Term 3 Years
Rental Rate $44.72 CAD/SF/YR
Space Use Retail
Condition -
Available Now

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

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
  • Listing ID: 24859450

  • Date on Market: 2025-01-22

  • Last Updated:

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

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