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Walgreens 1170 E Marion St 14,673 SF of Retail Space Available in Shelby, NC 28150

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SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 14,673 SF
  • Jan 2029
  • $11.06 CAD/SF/YR $0.92 CAD/SF/MO $162,283 CAD/YR $13,524 CAD/MO
  • Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
120 Days

Excellent opportunity to sublease a former Walgreens location in Shelby, NC. Located on the corner of E. Marion St (BUS 74) and Peach St, this ±14,673 SF building sits on ±1.52 acres and is a great opportunity for a high visibility business. Approximately 45 miles West of Charlotte

  • Sublease space available from current tenant
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Drive Thru
  • Approximately 45 miles West of Charlotte.
Space Size Term Rental Rate Rent Type
1st Floor 14,673 SF Jan 2029 $11.06 CAD/SF/YR $0.92 CAD/SF/MO $162,283 CAD/YR $13,524 CAD/MO Modified Gross

1st Floor

Size
14,673 SF
Term
Jan 2029
Rental Rate
$11.06 CAD/SF/YR $0.92 CAD/SF/MO $162,283 CAD/YR $13,524 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
120 Days

Excellent opportunity to sublease a former Walgreens location in Shelby, NC. Located on the corner of E. Marion St (BUS 74) and Peach St, this ±14,673 SF building sits on ±1.52 acres and is a great opportunity for a high visibility business. Approximately 45 miles West of Charlotte

  • Sublease space available from current tenant
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Drive Thru
  • Approximately 45 miles West of Charlotte.

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 14,673 SF
Property Type Retail
Property Subtype Drug Store
Gross Leasable Area 14,673 SF
Year Built 2008

ABOUT THE PROPERTY

Excellent opportunity to sublease a former Walgreens location in Shelby, NC. Located on the corner of E. Marion St (BUS 74) and Peach St, this ±14,673 SF building sits on ±1.52 acres and is a great opportunity for a high visibility business. Approximately 45 miles West of Charlotte.

  • Corner Lot
  • Signalized Intersection
  • Drive Thru
  • Air Conditioning

NEARBY MAJOR RETAILERS

Bank OZK
The YMCA
  • Listing ID: 31082361

  • Date on Market: 2024-02-29

  • Last Updated:

  • Address: 1170 E Marion St, Shelby, NC 28150

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