Your email has been sent.
Patterson Place 3616 Witherspoon Blvd 1,842 - 8,938 SF of Retail Space Available in Durham, NC 27707
HIGHLIGHTS
- Property is surrounded by office, medical and residential
- Anchored by Designer Shoe Warehouse, Big Lots, PetSmart, Total Wine, Home Depot and Kohl’s
- 160,942 SF retail center just of off 15-501
- Multiple suites available and ample onsite parking
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 12 | 4,593 SF | 3-5 Years | $41.86 CAD/SF/YR $3.49 CAD/SF/MO $192,245 CAD/YR $16,020 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 3 | 1,842 SF | 3-5 Years | $41.86 CAD/SF/YR $3.49 CAD/SF/MO $77,099 CAD/YR $6,425 CAD/MO | TBD | ||
| 1st Floor, Ste 4 | 2,503 SF | 3-5 Years | $40.46 CAD/SF/YR $3.37 CAD/SF/MO $101,273 CAD/YR $8,439 CAD/MO | Triple Net (NNN) |
3603 Witherspoon Blvd - 1st Floor - Ste 12
- Lease rate does not include utilities, property expenses or building services
3511 Witherspoon Blvd - 1st Floor - Ste 3
3511 Witherspoon Blvd - 1st Floor - Ste 4
Former F45 Space 2,503 SF
- Lease rate does not include utilities, property expenses or building services
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 PATTERSON PLACE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Big Lots
- Discount Store
- 571
- International
- DSW
- Shoes
- 600
- International
- Home Depot
- Home Improvement
- 2,623
- International
- Kohl's
- Dept Store
- 1,378
- National
- Petsmart
- Pet Shop/Supplies
- 1,784
- International
- Total Wine & More
- Liquor
- 353
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Big Lots | Discount Store | 571 | International |
| DSW | Shoes | 600 | International |
| Home Depot | Home Improvement | 2,623 | International |
| Kohl's | Dept Store | 1,378 | National |
| Petsmart | Pet Shop/Supplies | 1,784 | International |
| Total Wine & More | Liquor | 353 | National |
PROPERTY FACTS
| Total Space Available | 8,938 SF | Frontage | |
| Center Type | Power Center | Gross Leasable Area | 468,673 SF |
| Parking | 2132 Spaces | Total Land Area | 46.01 AC |
| Stores | 12 | Year Built | 2004 |
| Center Properties | 19 |
| Total Space Available | 8,938 SF |
| Center Type | Power Center |
| Parking | 2132 Spaces |
| Stores | 12 |
| Center Properties | 19 |
| Frontage | |
| Gross Leasable Area | 468,673 SF |
| Total Land Area | 46.01 AC |
| Year Built | 2004 |
ABOUT THE PROPERTY
160,942 SF retail center just of off 15-501. Anchored by Designer Shoe Warehouse, PetSmart, Total Wine, Home Depot and Kohl’s.
- Bus Line
- Dedicated Turn Lane
- Food Court
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
Presented by
Patterson Place | 3616 Witherspoon Blvd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.