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688 Hwy 70 Otway 700 SF of Office/Retail Space Available in Beaufort, NC 28516
HIGHLIGHTS
- Heavy daytime traffic
- Multiple tenants and self storage facility driving shared customer exposure
- Lots of natural light
- Adjacent to Harkers Island road
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 680B | 700 SF | 3-5 Years | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $14,657 CAD/YR $1,221 CAD/MO | Full Service |
1st Floor, Ste 680B
Move-in ready. Large parking lot, and 10 other businesses operate from this property which provides added customer visibility including an Auto Service shop, Gym, Church, and an ATM. Across the street from the Dollar Tree, and near several major businesses with high volume traffic.
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Open Floor Plan Layout
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Drop Ceilings
- Open-Plan
- Display Window
- Wheelchair Accessible
- Large parking lot
- High volume traffic
- Open space
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 688 HWY 70 OTWAY, BEAUFORT, NC 28516
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Otway Storage
- Rental and Leasing Services
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Otway Storage | Rental and Leasing Services | - | - |
PROPERTY FACTS
| Total Space Available | 700 SF | Gross Leasable Area | 44,700 SF |
| Property Type | Retail | Year Built/Renovated | 1992/2021 |
| Property Subtype | Freestanding | Parking Ratio | 0.89/1,000 SF |
| Total Space Available | 700 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 44,700 SF |
| Year Built/Renovated | 1992/2021 |
| Parking Ratio | 0.89/1,000 SF |
ABOUT THE PROPERTY
The property is located on Highway 70, with high volume traffic and adjacent to several large retailers including Dollar General, NAPA Auto Parts, and Otway Hardware.
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688 Hwy 70 Otway
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