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Piggly Wiggly 202 Doctor Donnie H Jones Jr Blvd W 12,900 SF of Retail Space Available in Princeton, NC 27569
HIGHLIGHTS
- Located in Johnston County, one of the fastest growing counties in North Carolina, Princeton is growing at a rapid rate with an estimated 11% growth
- With grocery trade fixtures removed and open interior structure, this property can be easily repurposed.
- The property is visible from US 70/42 and convenient to I-95 and I-795.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 12,900 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Located in Johnston County, one of the fastest growing counties in North Carolina, Princeton is growing at a rapid rate with an estimated 11% growth over the next five years. The property is visible from US 70/42 and convenient to I-95 and I-795. With grocery trade fixtures removed and open interior structure, this property can be easily repurposed. Tenant Improvement Allowance: Negotiable Significant planning is underway to further improve the roadways to enhance regional mobility and the connectivity between Princeton and Raleigh Princeton is located halfway between Smithfield/Selma and Goldsboro. Lease Rate: $15 SF TICAM $2.50 per SF
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Central Air Conditioning
- Can easily be repurposed
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 PIGGLY WIGGLY
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Ball Rentals
- Real Estate
- 3
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Ball Rentals | Real Estate | 3 | - |
PROPERTY FACTS
| Total Space Available | 12,900 SF | Gross Leasable Area | 12,900 SF |
| Property Type | Retail | Year Built/Renovated | 1984/2021 |
| Property Subtype | Supermarket | Parking Ratio | 5.66/1,000 SF |
| Total Space Available | 12,900 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 12,900 SF |
| Year Built/Renovated | 1984/2021 |
| Parking Ratio | 5.66/1,000 SF |
ABOUT THE PROPERTY
This former Piggly Wiggly grocery is located in the heart of Princeton, NC at the corner of Dr. Donnie H. Jones Jr. Blvd and Pine St, just under a mile from US 70 Hwy. Princeton is experiencing growth as part of the Triangle region trend. The building has a steel frame with concrete block walls covered with insulation and a brick skin. A new membrane roof was installed approximately two years ago.
NEARBY MAJOR RETAILERS
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Piggly Wiggly | 202 Doctor Donnie H Jones Jr Blvd W
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