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102 E Green St 1,789 SF of Retail Space Available in Franklinton, NC 27525
HIGHLIGHTS
- Great exposure on Green Street
- In close proximity to a variety of different retailers
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,789 SF | Negotiable | $29.96 CAD/SF/YR $2.50 CAD/SF/MO $53,592 CAD/YR $4,466 CAD/MO | Modified Gross |
1st Floor
This space would be perfect for a variety of business endeavors...Accountant, Insurance, Lawyer, massage therapy, flower shop, etc. Walking distance to restaurants and local shops. Bring your imagination and business dream to Franklinton and join the growing community of small businesses.
- Listed rate may not include certain utilities, building services and property expenses
- Open space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,789 SF | Year Built | 1950 |
| Property Type | Retail | Parking Ratio | 2.66/1,000 SF |
| Gross Leasable Area | 1,789 SF |
| Total Space Available | 1,789 SF |
| Property Type | Retail |
| Gross Leasable Area | 1,789 SF |
| Year Built | 1950 |
| Parking Ratio | 2.66/1,000 SF |
ABOUT THE PROPERTY
Back on market due to tenant purchasing a building and terminating lease. Newly restored business space available for lease in the growing town of Franklinton. Enjoy the recently renovated and updated downtown with new stores, restaurants and a new bank opening right across the street. New construction has reawakened this small town. The growing population is making Franklinton an up and coming place to be.
Presented by
The North Carolina Real Estate Group, LLC
102 E Green St
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