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Quail Corners Shopping Center 5003-5045 Falls of Neuse Rd 659 - 25,142 SF of Space Available in Raleigh, NC 27609
HIGHLIGHTS
- Highly visible to traffic on both Millbrook and Falls of Neuse Roads
- Phase II of Quail Corners to begin construction Q4 2022
SPACE AVAILABILITY (16)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 100 | 3,201 SF | Negotiable | $48.86 CAD/SF/YR $4.07 CAD/SF/MO $156,392 CAD/YR $13,033 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 105 | 1,931 SF | Negotiable | $48.86 CAD/SF/YR $4.07 CAD/SF/MO $94,343 CAD/YR $7,862 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 109 | 1,025 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 110 | 3,634 SF | Negotiable | $48.86 CAD/SF/YR $4.07 CAD/SF/MO $177,547 CAD/YR $14,796 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 114 | 2,412 SF | Negotiable | $48.86 CAD/SF/YR $4.07 CAD/SF/MO $117,844 CAD/YR $9,820 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 122 | 1,104 SF | Negotiable | $48.86 CAD/SF/YR $4.07 CAD/SF/MO $53,938 CAD/YR $4,495 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 14 | 2,186 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 15 | 2,133 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor, Ste 200 | 1,120 SF | Negotiable | $48.86 CAD/SF/YR $4.07 CAD/SF/MO $54,720 CAD/YR $4,560 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 202 | 955 SF | Negotiable | $48.86 CAD/SF/YR $4.07 CAD/SF/MO $46,659 CAD/YR $3,888 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 204 | 663 SF | Negotiable | $48.86 CAD/SF/YR $4.07 CAD/SF/MO $32,392 CAD/YR $2,699 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 206 | 988 SF | Negotiable | $48.86 CAD/SF/YR $4.07 CAD/SF/MO $48,271 CAD/YR $4,023 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 210 | 1,324 SF | Negotiable | $48.86 CAD/SF/YR $4.07 CAD/SF/MO $64,687 CAD/YR $5,391 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 211 | 877 SF | Negotiable | $48.86 CAD/SF/YR $4.07 CAD/SF/MO $42,848 CAD/YR $3,571 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 214 | 930 SF | Negotiable | $48.86 CAD/SF/YR $4.07 CAD/SF/MO $45,437 CAD/YR $3,786 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 215 | 659 SF | Negotiable | $48.86 CAD/SF/YR $4.07 CAD/SF/MO $32,197 CAD/YR $2,683 CAD/MO | Triple Net (NNN) |
1200 E Millbrook Rd - 1st Floor - Ste 100
New suite available in Phase II in Quail Corners. No tobacco and vape stores
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
1200 E Millbrook Rd - 1st Floor - Ste 105
New suite available in Phase II in Quail Corners. No tobacco and vape stores
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
1200 E Millbrook Rd - 1st Floor - Ste 109
New suite available in Phase II in Quail Corners. No tobacco and vape stores
- Located in-line with other retail
- Space is in Excellent Condition
1200 E Millbrook Rd - 1st Floor - Ste 110
New suite available in Phase II in Quail Corners. No tobacco and vape stores
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
1200 E Millbrook Rd - 1st Floor - Ste 114
New suite available in Phase II in Quail Corners. No tobacco and vape stores
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
1200 E Millbrook Rd - 1st Floor - Ste 122
New suite available in Phase II in Quail Corners. No tobacco and vape stores.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
5029 Falls of Neuse Rd - 1st Floor - Ste 14
2nd generation restaurant
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
5029 Falls of Neuse Rd - 1st Floor - Ste 15
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
1200 E Millbrook Rd - 2nd Floor - Ste 200
New suite available in Phase II in Quail Corners.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
1200 E Millbrook Rd - 2nd Floor - Ste 202
New suite available in Phase II in Quail Corners.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Fits 3 - 8 People
1200 E Millbrook Rd - 2nd Floor - Ste 204
New suite available in Phase II in Quail Corners.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
1200 E Millbrook Rd - 2nd Floor - Ste 206
New suite available in Phase II in Quail Corners.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
1200 E Millbrook Rd - 2nd Floor - Ste 210
New suite available in Phase II in Quail Corners.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
1200 E Millbrook Rd - 2nd Floor - Ste 211
New suite available in Phase II in Quail Corners.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
1200 E Millbrook Rd - 2nd Floor - Ste 214
New suite available in Phase II in Quail Corners.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
1200 E Millbrook Rd - 2nd Floor - Ste 215
New suite available in Phase II in Quail Corners.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
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 | 25,142 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 100,480 SF |
| Parking | 254 Spaces | Total Land Area | 9.95 AC |
| Stores | 27 | Year Built | 1968 |
| Center Properties | 2 |
| Total Space Available | 25,142 SF |
| Center Type | Neighborhood Center |
| Parking | 254 Spaces |
| Stores | 27 |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 100,480 SF |
| Total Land Area | 9.95 AC |
| Year Built | 1968 |
ABOUT THE PROPERTY
Located at the intersection of Millbrook and Falls of Neuse Road. Good mix of restaurants, retailers and service uses. Anchored by The Butcher’s Market and All Star Bike Shop; co-tenants include Swagger, Jimmy John’s, Peace Camera, Big Ed’s, and Carriage House Part of the booming North Raleigh area
- Atrium
- Dedicated Turn Lane
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Quail Corners Shopping Center | 5003-5045 Falls of Neuse Rd
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