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The Village at Oak Ridge 1692 NC Highway 68
1,400 - 3,150 SF of Retail Space Available in Oak Ridge, NC 27310
Highlights
- Situated at the intersection of Highway 68 and Oak Ridge Road.
- Strong traffic flow supports tenant exposure.
- Ideal for retail businesses seeking a prominent location.
- Includes Salama Chiropractic, Granny’s Donuts, Oak Ridge Deli, and Northwest Animal Hospital.
- Serves the Oak Ridge neighborhood with essential retail and services.
- 11,500 VPD on Highway 68; 9,200 VPD on Oak Ridge Rd.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste H | 1,400 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $2,100 /MO $25,200 /YR | Modified Gross | ||
| 1st Floor, Ste J | 1,750 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $2,625 /MO $31,500 /YR | Modified Gross |
1st Floor, Ste H
With an asking rate of $18.00 per square foot and TICAM of $2.00 per square foot, The Village at Oak Ridge provides an attractive leasing opportunity for retail businesses. The property features a convenient parking ratio of 4.5 spaces per 1,000 square feet, ensuring ample parking for tenants and customers. This dynamic location offers easy access, robust foot traffic, and an established community setting that supports tenant success.
- Listed rate may not include certain utilities, building services and property expenses
- Prime Location
- Key Tenants
- High Visibility
- Community Hub
- Convenient Access
- Neighborhood Appeal
1st Floor, Ste J
With an asking rate of $18.00 per square foot and TICAM of $2.00 per square foot, The Village at Oak Ridge provides an attractive leasing opportunity for retail businesses. The property features a convenient parking ratio of 4.5 spaces per 1,000 square feet, ensuring ample parking for tenants and customers. This dynamic location offers easy access, robust foot traffic, and an established community setting that supports tenant success.
- Listed rate may not include certain utilities, building services and property expenses
- Neighborhood Appeal
- Strong Traffic
- Prime Location
- Convenient Access
- Ample Parking
- Competitive Rates
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 1692 NC Highway 68 , Oak Ridge, NC 27310
| Property Type | Retail | Total Land Area | 1.43 AC |
| Property Subtype | Freestanding | Year Built | 1998 |
| Gross Leasable Area | 14,000 SF | Parking Ratio | 4.5/1,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 14,000 SF |
| Total Land Area | 1.43 AC |
| Year Built | 1998 |
| Parking Ratio | 4.5/1,000 SF |
About the Property
The Village at Oak Ridge is a 14,000-square-foot retail center built in 1998, located in the heart of Oak Ridge. Positioned at the intersection of Highway 68 and Oak Ridge Road, this vibrant property benefits from excellent visibility with traffic counts of 11,500 vehicles per day on Highway 68 and 9,200 vehicles per day on Oak Ridge Road. Anchored by a diverse mix of tenants including Salama Chiropractic Center, Granny’s Donuts & Bakery, Oak Ridge Deli & Bagels, and Northwest Animal Hospital, the center offers a welcoming atmosphere and a strong local customer base.
- Pylon Sign
- Signage
-
Matt King -
Christy Smith -
CBRE, Inc.
Learn More About Leasing Retail Properties
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The Village at Oak Ridge | 1692 NC Highway 68
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