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Parkway Pointe 2420-2464 SW Cary Pky 1,200 SF of Retail Space Available in Cary, NC 27513
HIGHLIGHTS
- Food Lion anchored Shopping Center; Town and Country Hardware is junior anchor.
- 1 mile from Apex High School and Cary Auto Park; ½ mile from Bond Park.
- Large dense residential surrounding the site with little close-by grocery competition.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2456 | 1,200 SF | Negotiable | $41.88 CAD/SF/YR $3.49 CAD/SF/MO $50,253 CAD/YR $4,188 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 2456
Center was remodeled in 4th quarter 2015 including new facade, canopy, and parking lot.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 PARKWAY POINTE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- AAA
- Other Services
- 2,245
- International
- Bumble Brews
- Cocktail Bar
- 1
- -
- Food Lion Inc
- Supermarket
- 1,299
- National
- Graceful Expressions Dance Academy
- Services
- 1
- -
- Salvio's Pizza
- Restaurant
- 1
- Local
- Town & Country Hardware
- Hardware
- 9
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| AAA | Other Services | 2,245 | International |
| Bumble Brews | Cocktail Bar | 1 | - |
| Food Lion Inc | Supermarket | 1,299 | National |
| Graceful Expressions Dance Academy | Services | 1 | - |
| Salvio's Pizza | Restaurant | 1 | Local |
| Town & Country Hardware | Hardware | 9 | Local |
PROPERTY FACTS
| Total Space Available | 1,200 SF | Total Land Area | 10.58 AC |
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Storefront | Parking Ratio | 4.97/1,000 SF |
| Gross Leasable Area | 80,061 SF | Cross Streets | Old Apex Rd (SR 1011) |
| Total Space Available | 1,200 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 80,061 SF |
| Total Land Area | 10.58 AC |
| Year Built | 1988 |
| Parking Ratio | 4.97/1,000 SF |
| Cross Streets | Old Apex Rd (SR 1011) |
ABOUT THE PROPERTY
Center was remodeled in 4th quarter 2015 including new facade, canopy, and parking lot. Anchored by Food Lion and boasts retailers including bankers, restaurants, and more.
- Banking
- Restaurant
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
Parkway Pointe | 2420-2464 SW Cary Pky
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