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118 Tarboro St W 1,800 SF of Retail Space Available in Wilson, NC 27893
Highlights
- 2 min drive from Carolina Mudcats Stadium
- New apartment building behind this location
- Storefront building
- 2 min drive from New YMCA facility
- Located in the downtown
- Opportunity to build out
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,800 SF | 3-10 Years | $12.78 CAD/SF/YR $1.06 CAD/SF/MO $23,001 CAD/YR $1,917 CAD/MO | Triple Net (NNN) |
1st Floor
The interior layout is currently in shell form, but the landlord is willing to assist with the upfit costs.
- Lease rate does not include utilities, property expenses or building services
- High visibility
- Located on a busy street
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 | 1,800 SF | Gross Leasable Area | 1,800 SF |
| Property Type | Retail | Year Built | 1950 |
| Total Space Available | 1,800 SF |
| Property Type | Retail |
| Gross Leasable Area | 1,800 SF |
| Year Built | 1950 |
About the Property
Located in downtown Wilson NC, this storefront offers an incredible location with many possible uses. The interior layout is currently in shell form, but the landlord is willing to assist with the upfit costs. This property is only a 2 min drive from the new Carolina Mudcats baseball stadium and the new YMCA facility. It is across the street from a small coffee shop and a new apartment building is directly behind this location. Don’t miss this incredible opportunity to be part of a downtown that has recently acquired a new Carolina Mudcat’s stadium, YMCA, and a new apartment building.
Nearby Major Retailers
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118 Tarboro St W
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