🍪 Another retail turnover on Franklin Street in Chapel Hill.

May 27, 2026 | News

Crumbl Cookies has closed its Carolina Square location after just over 3 years in business, leaving another visible vacancy in a high-profile downtown corridor.

📍For landlords, tenants, and investors, it’s another reminder that:
✔️ National brands are still evaluating store performance market-by-market
✔️ College town retail can generate strong traffic — but retention remains competitive
✔️ Experiential, convenience-driven, and late-night concepts continue to shape downtown tenant mix decisions

The closure leaves Insomnia Cookies as the only dedicated cookie concept on Franklin Street.

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Dylan Cunningham

J Dylan Cunningham, CCIM is the founder of Oak Street Commercial Real Estate, LLC, a firm located in Apex, NC on a mission to help business owners and commercial real estate owners create long-term strategies that align with their objectives through real estate.

We believe in going beyond the transaction, taking a deep look at where you want to be in five, ten or even twenty years from now—and how we can help you get there with thoughtful, strategic decisions today.