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12 E 1st St 2,640 SF of Retail Space Available in Newton, NC 28658
Highlights
- Prime downtown Newton location
- Large storefront windows for exposure
- Public parking in front and nearby
- High foot traffic and strong visibility
- Flexible open retail layout
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,640 SF | Negotiable | $21.75 CAD/SF/YR $1.81 CAD/SF/MO $57,415 CAD/YR $4,785 CAD/MO | Triple Net (NNN) |
1st Floor
Position your business in the vibrant heart of downtown Newton at 12 E 1st Street, a former drug store offering exceptional retail potential. This property features an open floor plan ideal for a variety of retail concepts, complemented by expansive storefront windows that maximize visibility and natural light. Located on a prominent street with high pedestrian activity, the site ensures strong exposure and easy accessibility for customers. The surrounding area boasts a dynamic mix of local businesses, restaurants, and community services, creating a steady flow of foot traffic throughout the day. Public parking is conveniently available in front and around the property, enhancing customer convenience. With B-3 zoning, the space accommodates a wide range of retail and service uses, making it a versatile choice for entrepreneurs seeking a strategic downtown location. Newton’s central position within Catawba County provides excellent connectivity to major highways and nearby cities, supporting regional draw and growth opportunities. Demographics within a five-mile radius include over 72,000 residents and a median household income exceeding $65,000, underscoring strong purchasing power in the trade area. This is an outstanding opportunity to establish your brand in a thriving community hub.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Partially Demolished Space
- Single retail space
- Storefront windows
- Open layout,
- Available Now
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 12 E 1st St, Newton, NC 28658
- Tenant
- Description
- US Locations
- Reach
- H & W Drug
- Health Care and Social Assistance
- 1
- -
- Upper Room Family Care
- Health Care and Social Assistance
- -
- -
| Tenant | Description | US Locations | Reach |
| H & W Drug | Health Care and Social Assistance | 1 | - |
| Upper Room Family Care | Health Care and Social Assistance | - | - |
Property Facts
| Total Space Available | 2,640 SF | Gross Leasable Area | 6,480 SF |
| Property Type | Retail | Year Built | 1930 |
| Property Subtype | Drug Store |
| Total Space Available | 2,640 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 6,480 SF |
| Year Built | 1930 |
About the Property
Located in the heart of downtown Newton, this former drug store offers a prime retail opportunity with excellent visibility and accessibility. The property features an open layout designed for flexible configurations, complemented by large storefront windows that maximize exposure and natural light. Positioned on a highly walkable street with strong pedestrian traffic, the site benefits from nearby public parking and easy access to surrounding businesses, restaurants, and community services. With B-3 zoning, the space accommodates a wide range of retail and service uses, making it ideal for entrepreneurs seeking a strategic location in a growing market. The area’s demographics underscore strong purchasing power, with over 72,000 residents and a median household income exceeding $65,000 within a five-mile radius. This property combines convenience, visibility, and versatility, creating an exceptional opportunity to establish or expand your business in a vibrant downtown setting.
- Security System
- Air Conditioning
Nearby Major Retailers
Presented by
12 E 1st St
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