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Crossroads Plaza 213-450 Crossroads Blvd 5,050 SF of Retail Space Available in Cary, NC 27518
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,050 SF | May 2028 | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
5,050 square foot retail space available for sublease. Interior improvements completed in 2023, offering an efficient and open retail showroom. Perfect space for a variety of traditional retail and service uses. Space come with restrooms,120/208, 3-phase 4-wire electrical service, rooftop HVAC, rear double doors,
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
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 CROSSROADS PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Marshalls
- Dept Store
- 1,431
- International
- Michaels
- Art/Crafts
- 1,438
- International
- Old Navy
- Unisex Apparel
- 1,353
- International
- Painted Tree Boutiques
- Other Retail
- 44
- National
- Petco
- Animal Care/Groom
- 1,739
- National
- Rockler Woodworking
- Hardware
- 51
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Marshalls | Dept Store | 1,431 | International |
| Michaels | Art/Crafts | 1,438 | International |
| Old Navy | Unisex Apparel | 1,353 | International |
| Painted Tree Boutiques | Other Retail | 44 | National |
| Petco | Animal Care/Groom | 1,739 | National |
| Rockler Woodworking | Hardware | 51 | National |
PROPERTY FACTS
| Total Space Available | 5,050 SF | Total Land Area | 49.75 AC |
| Property Type | Retail | Year Built | 1991 |
| Gross Leasable Area | 217,284 SF | Parking Ratio | 5/1,000 SF |
| Total Space Available | 5,050 SF |
| Property Type | Retail |
| Gross Leasable Area | 217,284 SF |
| Total Land Area | 49.75 AC |
| Year Built | 1991 |
| Parking Ratio | 5/1,000 SF |
ABOUT THE PROPERTY
This 5,050 sf retail space available for sublet is located within the 681,067 sf, open-air, premier regional power center, Crossroads Plaza. This shopping center is in one of Cary’s largest retail corridors. Anchored by a powerful lineup of anchors including Dick’s Sporting Goods, Michael’s, Ross, Old Navy, Marshalls, HomeGoods, DSW, Party City, etc. * Interior improvements completed in 2023, offering an efficient and open retail showroom. Perfect space for a variety of traditional retail and service uses. Space come with restrooms,120/208, 3-phase 4-wire electrical service, rooftop HVAC, rear double doors, * The anchor & junior anchor tenants are complemented by a well-rounded line-up of desirable inline retailers and restaurants such as.Bath & Body Works, Carter’s, Chipotle, Claire’s, Cold Stone, GNC, HoneyBaked Ham, J.Crew Factory, Mattress Firm, Men’s Wearhouse, Petco, Skechers, Starbucks, Subway, Total Wine, Ulta, and much more. * This plaza boasts superb regional accessibility and visibility due to its close proximity to I-40 and I-440/US Hwy 1, the most heavily traveled in western Raleigh-Durham, with traffic counts at over 109,000 AADT on I-40, 131,000 AADT on US Hwy 1, and over 40,000 AADT on Walnut Street. * There are over 500,000 residents in the trade area, with impressive demographics – highly educate and affluent local population. Of the 182,000 residents within a 5-mile radius, 57% have college degrees, and average income of approximately $96,700. * Sublease term offered through May 31, 2028.
- Commuter Rail
- Freeway Visibility
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Crossroads Plaza | 213-450 Crossroads Blvd
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