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2703 Ramada Rd 21,092 SF of Retail Space Available in Burlington, NC 27215
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 21,092 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- Fully Built-Out as a Restaurant or Café Space
- Central Air Conditioning
- Freezer Space
- Drop Ceilings
- New Roof 2026
- 6 New HVAC Units 2026
- 1,000 Gallon Grease Trap 2024
- All New PVC Plumbing in Kitchen
- Kitchen Equipment
- Interstate 40 Frontage
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 | 21,092 SF | Gross Leasable Area | 21,092 SF |
| Property Type | Retail | Year Built | 1970 |
| Total Space Available | 21,092 SF |
| Property Type | Retail |
| Gross Leasable Area | 21,092 SF |
| Year Built | 1970 |
About the Property
Position your business in a prime Location with visibility from I-40 designed to accommodate everything from upscale dining and nightlife to weddings, corporate events, trade shows, and private celebrations. This expansive, versatile property offers a rare opportunity for operators seeking a turnkey venue with exceptional income potential. The facility features a spacious restaurant and full-service bars, expansive banquet and convention space, flexible event rooms, ample seating capacity, and abundant on-site parking. The adaptable floor plan can accommodate large-scale events while maintaining an inviting atmosphere for daily restaurant and bar operations. Ideally suited for restaurateurs, hospitality groups, event operators, breweries, entertainment concepts, or multi-use venue investors, this property provides the flexibility to host concerts, conferences, receptions, community events, and private functions. This is a rare leasing opportunity to establish or expand your business in a dynamic, multi-purpose venue built to serve a wide range of dining, entertainment, and event needs.
- Signage
- Air Conditioning
Nearby Major Retailers
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2703 Ramada Rd
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