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North Station 1450-1514 Garner Station Blvd 1,000 - 7,800 SF of Retail Space Available in Raleigh, NC 27603
HIGHLIGHTS
- Short distance to downtown Raleigh.
- Vacancy rate on this property is at a low 7.83%.
- 38.4 acres of land with a CMX zoning designation.
- Convenience and accessibility for both tenants and customers.
- Ample Parking.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,000-7,800 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Currently, the vacancy rate on this property is at a low 7.83%, with a mix of both national and local tenants. With a short distance to downtown Raleigh, this property offers convenience and accessibility for both tenants and customers. There are spaces from 1,000sf to 6,000 sf now available.
- Fully Built-Out as Standard Retail Space
- Diverse tenant mix and vibrant 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.
SELECT TENANTS AT NORTH STATION
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Belk
- Dept Store
- 379
- National
- Best Nails
- Nail Salon
- 1
- Local
- Carlie C's IGA
- Supermarket
- 17
- Regional
- It's Fashion!
- Unisex Apparel
- 263
- Regional
- Mariner Finance
- Other Services
- 655
- National
- Panda House
- Restaurant
- 30
- Regional
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Belk | Dept Store | 379 | National |
| Best Nails | Nail Salon | 1 | Local |
| Carlie C's IGA | Supermarket | 17 | Regional |
| It's Fashion! | Unisex Apparel | 263 | Regional |
| Mariner Finance | Other Services | 655 | National |
| Panda House | Restaurant | 30 | Regional |
PROPERTY FACTS
| Total Space Available | 7,800 SF | Total Land Area | 16.20 AC |
| Min. Divisible | 1,000 SF | Year Built | 1990 |
| Property Type | Retail | Parking Ratio | 8/1,000 SF |
| Gross Leasable Area | 151,692 SF |
| Total Space Available | 7,800 SF |
| Min. Divisible | 1,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 151,692 SF |
| Total Land Area | 16.20 AC |
| Year Built | 1990 |
| Parking Ratio | 8/1,000 SF |
ABOUT THE PROPERTY
38.4 acres of land with a CMX zoning designation. This means that the property is zoned for commercial mixed-use, allowing for a variety of business ventures.
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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North Station | 1450-1514 Garner Station Blvd
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