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Freeway Crossing 1537 Freeway Dr
945 - 6,945 SF of Retail Space Available in Reidsville, NC 27320
Highlights
- Located at a signalized intersection
- High traffic counts with 17,500 VPD on Freeway Drive
- Positioned on a major thoroughfare
- Multiple points of entry to the shopping center located off Freeway Drive
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 103 | 3,500 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $5,250 /MO $63,000 /YR | Modified Gross | ||
| 1st Floor, Ste 400-B | 945 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $1,418 /MO $17,010 /YR | Modified Gross | ||
| 1st Floor, Ste 403-B | 2,500 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $3,750 /MO $45,000 /YR | Modified Gross |
1537 Freeway Dr - 1st Floor - Ste 103
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
1537 Freeway Dr - 1st Floor - Ste 400-B
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
1537 Freeway Dr - 1st Floor - Ste 403-B
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 Freeway Crossing
- Tenant
- Description
- US Locations
- Reach
- Cato
- -
- -
- -
- Dollar Tree
- -
- -
- -
- Hibbett Sports
- -
- -
- -
- Lowes Foods
- -
- -
- -
- Papa John's
- -
- -
- -
- Shapiro Eye Care-Reidsville
- Health Care
- 48
- Regional
| Tenant | Description | US Locations | Reach |
| Cato | - | - | - |
| Dollar Tree | - | - | - |
| Hibbett Sports | - | - | - |
| Lowes Foods | - | - | - |
| Papa John's | - | - | - |
| Shapiro Eye Care-Reidsville | Health Care | 48 | Regional |
PROPERTY FACTS FOR 1537 Freeway Dr , Reidsville, NC 27320
| Center Type | Neighborhood Center | Frontage | |
| Parking | 746 Spaces | Gross Leasable Area | 122,819 SF |
| Stores | 16 | Total Land Area | 18.72 AC |
| Center Properties | 9 | Year Built | 1995 |
| Center Type | Neighborhood Center |
| Parking | 746 Spaces |
| Stores | 16 |
| Center Properties | 9 |
| Frontage | |
| Gross Leasable Area | 122,819 SF |
| Total Land Area | 18.72 AC |
| Year Built | 1995 |
About the Property
Freeway Crossing is a 88,667± SF shopping center located less than 3 miles from downtown Reidsville. The center features a diverse mix of national, regional, and local tenants including Lowes Foods, Workout Anytime, Dollar Tree, Hibbett Sports & CATO. Excellent location on a major thoroughfare with easy access.
- Dedicated Turn Lane
- Pylon Sign
- Signage
Nearby Major Retailers
Learn More About Leasing Retail Properties
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Freeway Crossing | 1537 Freeway Dr
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