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Pamlico Square 11560 Nc Highway 55 E 1,500 - 20,150 SF of Retail Space Available in Grantsboro, NC 28529
HIGHLIGHTS
- Located on major traffic artery NC-55
- 2nd generation restaurant spaces available
- Food Lion anchored shopping center with McDonalds
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500 SF | 5-10 Years | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $31,408 CAD/YR $2,617 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 1,500 SF | 5-10 Years | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $31,408 CAD/YR $2,617 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 1,500 SF | 5-10 Years | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $31,408 CAD/YR $2,617 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 8,450 SF | 5-10 Years | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $141,546 CAD/YR $11,796 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 7,200 SF | 5-10 Years | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $120,607 CAD/YR $10,051 CAD/MO | Triple Net (NNN) |
11560 Nc Highway 55 E - 1st Floor
Former Subway Approximately 21' W x 70' D 3 bathrooms Sprinkler system in place
- Lease rate does not include utilities, property expenses or building services
- Former Subway
11560 Nc Highway 55 E - 1st Floor
Former Pizzeria Approx. 21' W x 70' D 2 bathrooms Sprinkler System in place
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
11560 Nc Highway 55 E - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
11560 Nc Highway 55 E - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
11560 Nc Highway 55 E - 1st Floor
- Lease rate does not include utilities, property expenses or building services
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.
SELECT TENANTS AT PAMLICO SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Food Lion
- Supermarket
- 1,299
- National
- Great Wall Chinese Restaurant
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Food Lion | Supermarket | 1,299 | National |
| Great Wall Chinese Restaurant | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 20,150 SF | Frontage | 500’ on NC Highway 55 |
| Center Type | Neighborhood Center | Gross Leasable Area | 91,492 SF |
| Parking | 372 Spaces | Total Land Area | 17.96 AC |
| Stores | 9 | Year Built | 1996 |
| Center Properties | 2 | Cross Streets | NC 55 Hwy & NC 306 Hwy |
| Total Space Available | 20,150 SF |
| Center Type | Neighborhood Center |
| Parking | 372 Spaces |
| Stores | 9 |
| Center Properties | 2 |
| Frontage | 500’ on NC Highway 55 |
| Gross Leasable Area | 91,492 SF |
| Total Land Area | 17.96 AC |
| Year Built | 1996 |
| Cross Streets | NC 55 Hwy & NC 306 Hwy |
ABOUT THE PROPERTY
Food Lion anchored center offering small shop space from 1,500 SF up to 7,200 SF and 8,450 SF suites. Locate on NC-55, a major traffic artery connecting Durham and surrounding cities to the Pamlico Sound. Availabilities: 8,450 SF: Former Pharmacy Approx. 67.5' W x 125' D 1,500 SF: Former Subway 1,500 SF: Former Pizzeria 1,500 SF: Former Medical Office 7,200 SF: Former Dollar Store Approx. 57.5' W x 125' D For More Information, Contact: Claudia Bordeaux (919) 616-6058 claudia.bordeaux@investmentretail.com Dan McPhillips (919) 616-7722 dan.mcphillips@investmentretail.com
- Freeway Visibility
- Pylon Sign
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Pamlico Square | 11560 Nc Highway 55 E
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