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HIGHLIGHTS
- Located in North Raleigh on Capital Boulevard, between I-440 and I-540
- Great proximity to ITB communities and North Raleigh
- Traffic counts exceed 65,500 vehicles per day on Capital Blvd making this one of the busiest retail corridors in Wake County
- Excellent visibility along Capital Blvd
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 152 | 17,500 SF | Negotiable | $15.50 /SF/YR $1.29 /SF/MO $271,250 /YR $22,604 /MO | Triple Net (NNN) |
1st Floor, Ste 152
17,500 SF former church. Space comes fully equipped with sanctuary, offices, children’s rooms, break room, meeting rooms, and other essential items needed for a new or expanding church
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
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 ASHTON SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- J V Nails
- Nail Salon
- 1
- Local
- Magic Gold
- Other Services
- 1
- Local
- Mar Y Sol Restaurant
- Restaurant
- 1
- Local
- Raleigh International Church
- Church/Comm Hall
- 1
- Local
- Stars and Strikes Family Entertainment Center
- Other Retail
- 17
- Regional
- Victoire Foods Market
- Other Services
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| J V Nails | Nail Salon | 1 | Local |
| Magic Gold | Other Services | 1 | Local |
| Mar Y Sol Restaurant | Restaurant | 1 | Local |
| Raleigh International Church | Church/Comm Hall | 1 | Local |
| Stars and Strikes Family Entertainment Center | Other Retail | 17 | Regional |
| Victoire Foods Market | Other Services | 1 | Local |
PROPERTY FACTS
| Total Space Available | 17,500 SF | Total Land Area | 17.00 AC |
| Property Type | Retail | Year Built | 1986 |
| Gross Leasable Area | 168,309 SF | Parking Ratio | 4.49/1,000 SF |
| Total Space Available | 17,500 SF |
| Property Type | Retail |
| Gross Leasable Area | 168,309 SF |
| Total Land Area | 17.00 AC |
| Year Built | 1986 |
| Parking Ratio | 4.49/1,000 SF |
ABOUT THE PROPERTY
Shopping center includes: Stars and Strikes Family Entertainment Center, El Mandado Supermarket, Transformation Christian Church, Mar Y Sol Restaurant, Taco Bell, KFC, PNC Bank, Lux Beauty, and Boost Mobile
- Pylon Sign
- Signage
- Signalized Intersection
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
Ashton Square | 4020 Capital Blvd
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