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ReFuel 3920 NC-55 Hwy 1,318 SF of Retail Space Available in Cary, NC 27519
Highlights
- TI Allowance for prospects with strong financials
- Located one mile from the 2,324 student Green Hope High School
- The site is highly visible from the signalized intersection of NC HWY 55 (28,000 AADT) and Indian Wells Road (13,000 AADT)
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,318 SF | Negotiable | $39.53 CAD/SF/YR $3.29 CAD/SF/MO $52,094 CAD/YR $4,341 CAD/MO | Triple Net (NNN) |
1st Floor
1,318 SF cold dark shell condition. TI Allowance for prospects with strong financials $29.00/ SF NNN; $5.50 TICAM (Landlord reserves the right to convert to Gross Lease) The site is highly visible from the signalized intersection of NC HWY 55 (28,000 AADT) and Indian Wells Road (13,000 AADT) NC HWY 55 is a major commuting route to the more than 60,000 employee RTP community from the bedroom communities of Cary (one of the fastest growing towns in the county), Apex and points south Located one mile from the 2,324 student Green Hope High School Right-in only access from the going-to-work side of NC 55 Right-in and Left/Right-out access to the signalized Morrisville Carpenter Road (Indian Wells Road) No vape or hemp tenants permitted Limited parking available
- Lease rate does not include utilities, property expenses or building services
- TI Allowance for prospects with strong financials
- The site is highly visible
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.
Site Plan
Property Facts
| Total Space Available | 1,318 SF | Gross Leasable Area | 4,800 SF |
| Property Type | Retail | Year Built | 2022 |
| Property Subtype | Convenience Store |
| Total Space Available | 1,318 SF |
| Property Type | Retail |
| Property Subtype | Convenience Store |
| Gross Leasable Area | 4,800 SF |
| Year Built | 2022 |
About the Property
1,318 SF cold dark shell condition. TI Allowance for prospects with strong financials $29.00/ SF NNN; $5.50 TICAM (Landlord reserves the right to convert to Gross Lease) The site is highly visible from the signalized intersection of NC HWY 55 (28,000 AADT) and Indian Wells Road (13,000 AADT) NC HWY 55 is a major commuting route to the more than 60,000 employee RTP community from the bedroom communities of Cary (one of the fastest growing towns in the county), Apex and points south Located one mile from the 2,324 student Green Hope High School Right-in only access from the going-to-work side of NC 55 Right-in and Left/Right-out access to the signalized Morrisville Carpenter Road (Indian Wells Road) No vape or hemp tenants permitted Limited parking available
Presented by
ReFuel | 3920 NC-55 Hwy
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