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117 W First St 1,200 SF of Retail Space Available in Lowell, NC 28098
HIGHLIGHTS
- Modified lease -Best Value In Area
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste Unit D | 1,200 SF | 12’ - 16’ | 1 Year | $26.10 CAD/SF/YR $2.18 CAD/SF/MO $31,324 CAD/YR $2,610 CAD/MO | Modified Gross |
1st Floor, Ste Unit D
**Prime Office or Retail Space Available for Lease** **Location:** 117 West First St, Unit D, Lowell, NC 28098 **Size:** Approximately 1,200 square feet of versatile space **Property Features:** - **Exceptional Visibility:** Situated in a highly desirable area just off Exit 22, ensuring maximum exposure for your business. - **Heavy Foot and Vehicle Traffic:** This high-traffic location benefits from significant daily visitor numbers, making it ideal for retail or office operations. - **Comfortable Amenities:** The monthly rent of $1,795 (upon approved credit) includes essential utilities such as water, sewer, trash removal, and common area maintenance (CAM), allowing you to focus more on your business and less on operational costs. **Application Requirements:** - A detailed business plan must be submitted alongside your application to facilitate the approval process. This space offers an excellent opportunity for businesses looking to establish themselves in a bustling area. Don't miss out on this chance to enhance your visibility and grow your business in Lowell!
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Professional Services Office
- Central Air and Heating
- Private Restrooms
- Security System
- High Ceilings
- Secure Storage
- Finished Ceilings: 12’ - 16’
- Energy Performance Rating - E
- Wheelchair Accessible
- BEST VALUE IN AREA
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 | 1,200 SF | Total Land Area | 0.74 AC |
| Property Type | Retail | Year Built | 2007 |
| Property Subtype | Storefront | Parking Ratio | 4.8/1,000 SF |
| Gross Leasable Area | 4,500 SF |
| Total Space Available | 1,200 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,500 SF |
| Total Land Area | 0.74 AC |
| Year Built | 2007 |
| Parking Ratio | 4.8/1,000 SF |
FEATURES AND AMENITIES
- Freeway Visibility
- Signage
NEARBY MAJOR RETAILERS
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117 W First St
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