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Downtown Office or Retail Space 361 Oak St
1,037 SF of Office/Retail Space Available in Highlands, NC 28741
Highlights
- Renovated, single-tenant office building within walking distance to Main street.
- Forecasts predict that the population within a 1-square mile radius will experience a 13.15% growth in population between '24-'29.
- Retail synergy: within walking distance to 6 hotels, restaurants, bars, and cafes.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste A | 1,037 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste A
Perfect location for a small office or retail/showroom space.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Central Air Conditioning
- Private Restrooms
- Natural Light
- Display Window
- Free-standing single tenant opportunity.
- Within walking distance to hotels and dining.
- Renovated retail offering with natural light.
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 361 Oak St , Highlands, NC 28741
Property Type | Retail | Year Built/Renovated | 1982/2025 |
Property Subtype | Storefront Retail/Office | Construction Status | Under Renovation |
Gross Leasable Area | 1,058 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 1,058 SF |
Year Built/Renovated | 1982/2025 |
Construction Status | Under Renovation |
About the Property
Perfect location for a small office or retail/showroom space in downtown Highlands, North Carolina. The building is undergoing an extensive renovation and will be like new once complete. This space is located on Oak Street, one street over from Downtown Highlands, North Carolina's busy Main Street. Estimated completion is late summer 2024.
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Downtown Office or Retail Space | 361 Oak St
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