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347 S Main St 2,500 - 5,000 SF of Space Available in Burlington, NC 27215
HIGHLIGHTS
- Downtown foot traffic on nights and weekends.
- Growing retail presence.
- Street parking in front of space .
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,500 SF | Negotiable | $18.73 CAD/SF/YR $1.56 CAD/SF/MO $46,833 CAD/YR $3,903 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor | 2,500 SF | 5 Years | $18.73 CAD/SF/YR $1.56 CAD/SF/MO $46,833 CAD/YR $3,903 CAD/MO | Triple Net (NNN) |
1st Floor
Retail/Office commercial property featuring two versatile suites in the heart of downtown Burlington, NC, offering maximum flexibility for owner-occupants or investors seeking premium downtown exposure. The space features an ideal ground-floor retail space perfect for salons, art galleries, coffee shops, or boutiques, plus a second-floor storage/warehouse space that can be converted to office space. The property connects to 346 S. Worth St. for an additional 5,000 across two floors – 2,500 square feet of retail space on the first floor and 2,500 square feet of office space. Both levels in the two buildings offer open floor plans ready for custom tenant improvements. Alternatively, the two buildings can easily be separated. This strategic downtown location provides high visibility and foot traffic with flexible zoning that accommodates retail, office, and mixed-use applications. This location is an attractive option for those seeking to establish or expand their commercial presence in Burlington's thriving downtown district.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Strategic downtown location with high visibility
- Commercial Business District
- Street parking in front of space & public parking
- Connects to 346 S Worth St. for additional 5K SF
2nd Floor
- Lease rate does not include utilities, property expenses or building services
- Fits 1 - 5 People
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 | 5,000 SF | Year Built | 1930 |
| Property Type | Retail | Parking Ratio | 0.8/1,000 SF |
| Property Subtype | Storefront Retail/Office | Cross Streets | W Davis St |
| Gross Leasable Area | 5,000 SF |
| Total Space Available | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,000 SF |
| Year Built | 1930 |
| Parking Ratio | 0.8/1,000 SF |
| Cross Streets | W Davis St |
ABOUT THE PROPERTY
Retail/Office commercial property featuring two versatile suites in the heart of downtown Burlington, NC, offering maximum flexibility for owner-occupants or investors seeking premium downtown exposure. The space features an ideal ground-floor retail space perfect for salons, art galleries, coffee shops, or boutiques, plus a second-floor storage/warehouse space that can be converted to office space. The property connects to 346 S. Worth St. for an additional 5,000 across two floors – 2,500 square feet of retail space on the first floor and 2,500 square feet of office space. Both levels in the two buildings offer open floor plans ready for custom tenant improvements. Alternatively, the two buildings can easily be separated. This strategic downtown location provides high visibility and foot traffic with flexible zoning that accommodates retail, office, and mixed-use applications. This location is an attractive option for those seeking to establish or expand their commercial presence in Burlington's thriving downtown district.
- Signage
NEARBY MAJOR RETAILERS
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347 S Main St
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