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The Shoppes at Tannery Square 402-422 W Fleming Dr 1,800 - 5,160 SF of Space Available in Morganton, NC 28655
HIGHLIGHTS
- Highly Visible and Well Trafficked Retail Center on the Main Retail Corridor
- Close Proximity to the new NC School of Science and Math
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 406 G | 1,800 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor - 420 A | 3,360 SF | Negotiable | $16.63 CAD/SF/YR $1.39 CAD/SF/MO $55,875 CAD/YR $4,656 CAD/MO | Triple Net (NNN) |
404-420 W Fleming Dr - 1st Floor - Ste 406 G
The retail space for lease is located at the front of Tannery Square and spans 1,800 square feet. The location is characterized by its prime position at the forefront of the square, making it easily visible and accessible. Tannery Square itself may have a unique ambiance, possibly a mix of shops, restaurants, or other commercial establishments.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
404-420 W Fleming Dr - 1st Floor - 420 A
Versatile 3,360 square feet flex space for lease, featuring partially built-out offices, storage areas, restrooms, and an open warehouse space. The layout is designed to accommodate various business needs, with amenities including two loading dock doors and one drive-in roll-up door for efficient logistics. Opportunity to lease a space that adapts to your evolving requirements and fosters growth.
- Lease rate does not include utilities, property expenses or building services
- Includes 1,000 SF of dedicated office space
- 1 Drive Bay
- 2 Loading Docks
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 THE SHOPPES AT TANNERY SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Arrowood Counseling & Consulting Inc
- Health Care and Social Assistance
- 1
- -
- Asian Fusion
- Restaurant
- 1
- -
- Burke Outdoor
- Appliances
- -
- Local
- Flex Fitness Gym
- Fitness
- 1
- Local
- Jimmy John's
- Sub Sandwich
- 3,215
- International
- Vida Verde Juicery
- Restaurant
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Arrowood Counseling & Consulting Inc | Health Care and Social Assistance | 1 | - |
| Asian Fusion | Restaurant | 1 | - |
| Burke Outdoor | Appliances | - | Local |
| Flex Fitness Gym | Fitness | 1 | Local |
| Jimmy John's | Sub Sandwich | 3,215 | International |
| Vida Verde Juicery | Restaurant | 1 | Local |
PROPERTY FACTS
| Total Space Available | 5,160 SF | Frontage | 500’ on W Fleming Dr |
| Center Type | Neighborhood Center | Gross Leasable Area | 50,778 SF |
| Parking | 326 Spaces | Total Land Area | 35.11 AC |
| Stores | 1 | Year Built | 1900 |
| Center Properties | 11 |
| Total Space Available | 5,160 SF |
| Center Type | Neighborhood Center |
| Parking | 326 Spaces |
| Stores | 1 |
| Center Properties | 11 |
| Frontage | 500’ on W Fleming Dr |
| Gross Leasable Area | 50,778 SF |
| Total Land Area | 35.11 AC |
| Year Built | 1900 |
ABOUT THE PROPERTY
This shopping center consists of a variety of retailers, service-oriented businesses, and restaurants. Currently leasing multiple suites that range from 1,400 to 3,360 square feet in the front and rear phase of the center. These include retail and flex spaces. The center is located in close proximity to many other national retailers and businesses and is on the main retail corridor of Morganton. With many new developments, Morganton is becoming a new hot spot for businesses.
- Pylon Sign
NEARBY MAJOR RETAILERS
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The Shoppes at Tannery Square | 402-422 W Fleming Dr
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