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110 E A St
5,150 SF of Retail Space Available in Newton, NC 28658
Highlights
- Easily accessible from two major highways
- Only business with downtown parking
- Located in the heart of downtown
- Heavy foot traffic
- New HVAC
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,150 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $129.17 /m²/YR $10.76 /m²/MO $5,150 /MO $61,800 /YR | Plus All Utilities |
1st Floor
- Listed lease rate plus proportional share of utilities
- Central Air and Heating
- Partitioned Offices
- Private Restrooms
- Corner Space
- High Ceilings
- Exposed Ceiling
- Secure Storage
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 FOR 110 E A St , Newton, NC 28658
| Property Type | Retail | Year Built/Renovated | 1918/2022 |
| Property Subtype | Freestanding | Parking Ratio | 3.3/1,000 SF |
| Gross Leasable Area | 5,150 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 5,150 SF |
| Year Built/Renovated | 1918/2022 |
| Parking Ratio | 3.3/1,000 SF |
About the Property
**FOR LEASE OR SALE BY OWNER** Property Overview: 5,150 Sq. Ft. 17 parking spaces and/or storage located within gated fenced-in lot 7 bathrooms Newly installed in 12/2022: HVAC, Duct Work and Electrical LEASE TERMS: Rent: $5,000/month plus utilities Three year lease required Annual 5% rent increase Security Deposit equal to one month's rent ($5,000) Located in the heart of a bustling commercial district, this spacious and strategically positioned property offers the perfect environment for your business to thrive. Key Features: 1. *High Foot Traffic:* Situated on a main thoroughfare, this location benefits from a steady stream of pedestrians and potential customers. Your business will be prominently visible to passersby. 2. *Surrounded by Popular Businesses:* Your neighbors include well-established, complementary businesses that draw in a diverse and loyal customer base. This synergy can help boost your own sales. 3. *Ample Parking:* Convenient parking with 17 dedicated parking spots in one of the only parking lots in downtown ensuring that customers can easily access your store, making it hassle-free for those arriving by car. 4. *Well-Maintained Property:* The retail space itself is impeccably maintained and move-in ready, featuring modern fixtures and new flooring throughout. 5. *Strong Local Demographics:* The surrounding neighborhood boasts a mix of residential and commercial properties, ensuring a steady flow of potential customers from diverse backgrounds. 6. *Marketing Opportunities:* Local events and promotional opportunities within the community can help you increase your brand visibility and customer engagement. SALE TERMS: For sale by owner for $625,000. If occupied, lease will transfer to new owner with existing terms. Showings will only be scheduled when proof of funds is provided.
- 24 Hour Access
- Corner Lot
- Fenced Lot
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Nearby Major Retailers
Presented by
NC Proper Properties
110 E A St
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