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Downtown Raleigh General Commercial| Bragg st 402 Bragg St 900 SF of Retail Space Available in Raleigh, NC 27601
Highlights
- Heavy Daytime traffic
- Great proximity to Schools
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 900 SF | Negotiable | $83.42 CAD/SF/YR $6.95 CAD/SF/MO $75,075 CAD/YR $6,256 CAD/MO | Modified Gross |
1st Floor
Century 21 Triangle Group is proud to present a unique commercial opportunity at the corner of Bragg St and S Bloodworth St in Downtown Raleigh. This offering includes two adjacent parcels being marketed as a unified neighborhood lifestyle campus: 402 Bragg St (~900 SF General Commercial Building) and 1201 S Bloodworth St (~0.12 AC Cleared Lot). Under flexible NX-3 zoning, this property is tailor-made for an "inside-out" hospitality or retail concept. The 900 SF building serves as the ideal infrastructure anchor (prep kitchen, bar, retail counter, restrooms, and storage), while the expansive rear lot provides the ultimate venue for outdoor seating, entertainment, or a community courtyard. Located in the historic and rapidly evolving South Park neighborhood, this location offers incredible visibility, walkability, and a built-in local customer base hungry for neighborhood-centric retail, specialty coffee, craft beer, or casual dining.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Central Heating System
- Shower Facilities
- Downtown Raleigh
- Patio Seating
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 | 900 SF | Gross Leasable Area | 900 SF |
| Property Type | Retail | Year Built | 1963 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 900 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 900 SF |
| Year Built | 1963 |
About the Property
Century 21 Triangle Group is proud to present a unique commercial opportunity at the corner of Bragg St and S Bloodworth St in Downtown Raleigh. This offering includes two adjacent parcels being marketed as a unified neighborhood lifestyle campus: 402 Bragg St (~900 SF General Commercial Building) and 1201 S Bloodworth St (~0.12 AC Cleared Lot). Under flexible NX-3 zoning, this property is tailor-made for an "inside-out" hospitality or retail concept. The 900 SF building serves as the ideal infrastructure anchor (prep kitchen, bar, retail counter, restrooms, and storage), while the expansive rear lot provides the ultimate venue for outdoor seating, entertainment, or a community courtyard. Located in the historic and rapidly evolving South Park neighborhood, this location offers incredible visibility, walkability, and a built-in local customer base hungry for neighborhood-centric retail, specialty coffee, craft beer, or casual dining.
- Courtyard
Nearby Major Retailers
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Downtown Raleigh General Commercial| Bragg st | 402 Bragg St
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