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Shopper World 202-206 W Nc-55 Hwy 1,030 SF of Retail Space Available in Mount Olive, NC 28365
HIGHLIGHTS
- 1,030 SF retail suite available for lease
- Prominent location in Mount Olive’s main commercial district
- Surrounded by established national and regional retailers
- Ideal for retail or service businesses
- High visibility and easy access from NC Hwy 55 & US-117
- Call broker for lease rate
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,030 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
302 W NC Highway 55 W - 1st Floor
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 | 1,030 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 180,111 SF |
| Parking | 928 Spaces | Total Land Area | 23.40 AC |
| Stores | 5 | Year Built | 2008 |
| Center Properties | 5 |
| Total Space Available | 1,030 SF |
| Center Type | Neighborhood Center |
| Parking | 928 Spaces |
| Stores | 5 |
| Center Properties | 5 |
| Frontage | |
| Gross Leasable Area | 180,111 SF |
| Total Land Area | 23.40 AC |
| Year Built | 2008 |
ABOUT THE PROPERTY
The Shops of Mount Olive is located near key economic anchors including the University of Mount Olive and the Mount Olive Pickle Company. The center also benefits from shadow-anchoring by Walmart Supercenter, driving consistent local and regional foot traffic. The Shops of Mount Olive is a 9,900 SF multi-tenant retail center located at the high-traffic intersection of NC Highway 55 and US Route 117. This well-positioned center benefits from excellent visibility and access within Mount Olive’s primary commercial corridor.
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Shopper World | 202-206 W Nc-55 Hwy
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