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Raleigh Road Shopping Center 824 W Raleigh Blvd 11,480 SF of Retail Space Available in Rocky Mount, NC 27803
HIGHLIGHTS
- Excellent traffic flow from surrounding retail and residential communities
- Strong demographic support for retail and service businesses
- Signalized intersection for easy ingress and egress
- Opportunity for exterior branding upgrades
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 11,480 SF | 3 Years | $13.96 CAD/SF/YR $1.16 CAD/SF/MO $160,252 CAD/YR $13,354 CAD/MO | Triple Net (NNN) |
824 W Raleigh Blvd - 1st Floor
Former Rite Aid Building is ready to be occupied by a new tenant. Currently Dark Shell. Easy access on corner of W Raleigh Blvd Rocky Mount NC
- Lease rate does not include utilities, property expenses or building services
- Would make excellent medical conversion.
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 | 11,480 SF | Frontage | 1’ on W Raleigh Blvd |
| Center Type | Strip Center | Gross Leasable Area | 11,480 SF |
| Parking | 67 Spaces | Total Land Area | 1.89 AC |
| Stores | 1 | Year Built | 1999 |
| Center Properties | 1 |
| Total Space Available | 11,480 SF |
| Center Type | Strip Center |
| Parking | 67 Spaces |
| Stores | 1 |
| Center Properties | 1 |
| Frontage | 1’ on W Raleigh Blvd |
| Gross Leasable Area | 11,480 SF |
| Total Land Area | 1.89 AC |
| Year Built | 1999 |
ABOUT THE PROPERTY
Raleigh Road – Former Rite Aid Drive-Thru Opportunity Formerly occupied by Rite Aid, this property is strategically located along Raleigh Road in a busy retail and residential corridor of Rocky Mount, NC. With excellent visibility, accessibility, and a fully built-out pharmacy layout, the site is ideal for healthcare services, pharmacy, grocery, hardware, warehouse distribution, discount retail, or food service concepts. The property features a functional drive-thru lane, expansive paved parking, and strong national co-tenancy, including Dollar Tree, Family Dollar, Dollar General, and Piggly Wiggly, driving consistent consumer traffic. Zoned for commercial use, the site offers move-in-ready flexibility along with monument and building signage opportunities to maximize tenant exposure.
- Security System
- Signage
- Drive Thru
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
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Raleigh Road Shopping Center | 824 W Raleigh Blvd
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