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1106 E Dixie Dr
4,022 SF of Retail Space Available in Asheboro, NC 27203
Highlights
- Cross access with Lowes Home Improvement.
- 34,500 vpd Hwy 64/East Dixie Drive and 2,100 vpd Browers Chapel.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 4,022 SF | 10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Currently operated as an IHOP restaurant. Lease rate dependent on Term, Tenant and TI. Located at one of the very best signalized corners in Asheboro. In front of one of the best performing Lowe's Home Improvement stores in the region. Contact Listing Agent directly for more information.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- 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.
PROPERTY FACTS FOR 1106 E Dixie Dr , Asheboro, NC 27203
Property Type | Retail | Year Built | 1999 |
Property Subtype | Restaurant | Parking Ratio | 9.95/1,000 SF |
Gross Leasable Area | 4,022 SF |
Property Type | Retail |
Property Subtype | Restaurant |
Gross Leasable Area | 4,022 SF |
Year Built | 1999 |
Parking Ratio | 9.95/1,000 SF |
About the Property
With a population of approximately 25,000, Asheboro is the largest city in Randolph County and is part of the Piedmont Triad, an area that includes Greensboro, High Point and Winston-Salem. Major employers in Asheboro include Randolph Hospital, Energizer, Klaussner Furniture, MAS-Acme, Technimark, Asheboro City City Schools and Post Consumer Brands.
- Pylon Sign
Nearby Major Retailers
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1106 E Dixie Dr
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