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HIGHLIGHTS
- Visible from I-40
- Signalized corner location
- Large Pylon sign
- Drive Thru
- 23 parking spaces
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Unit 1 | 2,010 SF | Negotiable | $41.55 CAD/SF/YR $3.46 CAD/SF/MO $83,510 CAD/YR $6,959 CAD/MO | Triple Net (NNN) |
1st Floor, Ste Unit 1
Drive thru space at signalized corner! This former Walgreens has the potential for any business needing a drive thru; a bank, restaurant, pharmacy, or other services. Daily trips to this property are driven by the 113,000 square foot Ingles grocery store. It offers superb visibility with excellent building signage and a large pylon sign. Abundant parking is available. Measurement is from Walgreens lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Fast Food Restaurant
- Space is an outparcel at this property
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
SELECT TENANTS AT WALLGREENS
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Walgreens
- Drug Store
- 9,267
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Walgreens | Drug Store | 9,267 | International |
PROPERTY FACTS
| Total Space Available | 2,010 SF | Gross Leasable Area | 2,010 SF |
| Property Type | Retail | Year Built | 1982 |
| Property Subtype | Fast Food | Parking Ratio | 11.44/1,000 SF |
| Total Space Available | 2,010 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 2,010 SF |
| Year Built | 1982 |
| Parking Ratio | 11.44/1,000 SF |
ABOUT THE PROPERTY
Drive thru space at signalized corner. This former Walgreens has the potential for any business needing a drive thru; a bank, restaurant, pharmacy, or other services. Daily trips to this property are driven by the adjacent 113,000 square foot Ingles grocery store. The property offers superb visibility with excellent signage available on the front of the building and a large pylon sign visible from the interstate. Abundant parking is available with 23 spaces. No Tobacco, Vape, or Convenience store
- Pylon Sign
- Drive Thru
NEARBY MAJOR RETAILERS
Presented by
Wallgreens | 510 NC Highway 9
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