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North Pointe Center 1515-1821 North Pointe Dr 7,300 SF of Retail Space Available in Durham, NC 27705
HIGHLIGHTS
- North Durham's Premier Shopping Destination
- Located near the interchange of I-85 and Guess Road
- Anchored by Harris Teeter, Costco, Home Depot and PetSmart
- Less than 10 minutes from Downtown Durham, Duke University and Duke Hospital
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 128 | 7,300 SF | 3-5 Years | $19.53 CAD/SF/YR $1.63 CAD/SF/MO $142,589 CAD/YR $11,882 CAD/MO | Triple Net (NNN) |
1515 N Pointe Dr - 1st Floor - Ste 128
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Great location
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 POINTE CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Bed Bath & Beyond
- Home Accessories
- 437
- International
- Costco
- Wholesale Club
- 1,060
- International
- Harris Teeter
- Supermarket
- 366
- National
- Home Depot
- Home Improvement
- 2,623
- International
- Petsmart
- Pet Shop/Supplies
- 1,784
- International
- Ross Dress For Less
- Other Retail
- 2,191
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Bed Bath & Beyond | Home Accessories | 437 | International |
| Costco | Wholesale Club | 1,060 | International |
| Harris Teeter | Supermarket | 366 | National |
| Home Depot | Home Improvement | 2,623 | International |
| Petsmart | Pet Shop/Supplies | 1,784 | International |
| Ross Dress For Less | Other Retail | 2,191 | International |
PROPERTY FACTS
ABOUT THE PROPERTY
• North Pointe Shopping Center is North Durham’s premier shopping destination • Anchored by Burlington Coat Factory, Harris Teeter, Costco, Home Depot and PetSmart • Located near the interchange of I-85 and Guess Road • Less than 10 minutes from Downtown Durham, DukeUniversity and Duke Hospital (Durham County’s largest employer) • Visibility from I-85 with 104,000 vehicles per day • Dense concentration of residential and highly-paid university and medical staff. 10-minute drive time daytime population is 122,606 • Suite 128 - 7,300 SF - Available Spring 2025 • Tenant currently occupying the Suite until April 2025. Please do not disturb while conducting business.
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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North Pointe Center | 1515-1821 North Pointe Dr
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