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411 7th Ave. E. - major streetscape happening 411 7th Ave E
2,000 SF of Retail Space Available in Hendersonville, NC 28792
Highlights
- New 7th Ave. District - Historic storefront property
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000 SF | 3-5 Years | $14.50 /SF/YR $1.21 /SF/MO $156.08 /m²/YR $13.01 /m²/MO $2,417 /MO $29,000 /YR | Triple Net (NNN) |
1st Floor
411 7th Ave. East, 2000 sq ft storefront is available January 1, 2025. Space is currently operated as a restaurant (Daddy D's soulfood) which is moving closer to Asheville. Restaurant equipment does not convey however could be negotiated. Current seating is approx. 30, rated for 50+. Rectangular space with kitchen and dishroom in rear, 4 restrooms. Front entrance on street with rear kitchen access. Streetscape is in process and will be completed by December 2024. Possible sidewalk seating available after Streetscape is done. Be a part of the amazing new 7th Ave. District with new streets, landscaping, lighting & sidewalks and much more. The Seventh Avenue Streetscape Project is an investment in pedestrian, water, sewer and stormwater infrastructure, lighting and landscaping in the business district. It aims to improve walkability, improve connections to Main Street, and highlight the character of the historic district. Slated to begin construction in early 2024, the project area includes part of the intersection at 7th Avenue and Grove Street, 7th Avenue from the intersection to Maple Street, as well as a portion of Locust Street. The project is expected to be complete by the end of 2024. Call, text or email Linda if you would like more information. 828-506-1571
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Storefront on 7th Ave. E. - amazing streetscape
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 411 7th Ave E , Hendersonville, NC 28792
| Property Type | Retail | Year Built/Renovated | 1915/2010 |
| Property Subtype | Restaurant | Parking Ratio | 1/1,000 SF |
| Gross Leasable Area | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,000 SF |
| Year Built/Renovated | 1915/2010 |
| Parking Ratio | 1/1,000 SF |
About the Property
Available December 2024. Be a part of Hendersonville's amazing new 7th Ave. District with new streets, landscaping, lighting, huge sidewalks and much more! Grand opening Street Party - May of 2025! This district already hosts a Farmers Market every Saturday from spring - late fall, which draws an enormous crowd from local and neighboring communities. The building location is right across the street from the Historic Depot and Farmers Market. Other businesses in the district are: Claywood Restaurant, White Duck Taco, Art on 7th, Underground Bakery, Mad Scientist signs, Indep. Bean Roasters, Old Lab Mercantile, The Brandy Bar, Homemade Pasta Noodles, Cabbage Rose Event Center, Sycamore bicycles, 2 Breweries, Pizza, Moonshine tasting and so much more currently and coming. Plus the Oklawaha Greenway is just down 7th Ave., with plans for connecting the new Ecusta Greenway. 411 7th Ave. East, a 2000 sq ft storefront is available December 2024. The space is currently operated as a restaurant but is available for endless uses! This building has location, location, location and hosts a fabulous glass storefront with a huge pedestrian friendly sidewalk; to be completed during the Streetscape. Landlord will be removing drop ceilings and updating to 12-14' height. Currently has 4 restrooms and a large kitchen footprint. Very easy upfit as interior walls are not load bearing. HVAC updated within the last 3 yrs. Lease term is 3 -5 yr., Modified triple net. Huge 2 block Streetscape is in process and will be completed by December 2024. Exterior building improvements to upstairs windows, central door, accent paint and huge lighted Antique Arrow sign, will be completed in the first quarter of 2025. The Seventh Avenue Streetscape Project is an investment in pedestrian, water, sewer and stormwater infrastructure, lighting and landscaping in the business district. It aims to improve walkability, improve connections to Main Street, and highlight the character of the historic 7th ave. district. Construction began in the spring of 2024; the project area includes part of the intersection at 7th Avenue and Grove Street, 7th Avenue and Maple Street, as well as a portion of Locust Street. The project is expected to be complete by the end of 2024. Contact Linda by text or phone - 828-506-1571, for even more details and viewing.
- 24 Hour Access
- Bus Line
- Restaurant
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Nearby Major Retailers
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Linda DiPaola - RussNick Properties, LLC
Presented by
RussNick Properties, LLC
411 7th Ave. E. - major streetscape happening | 411 7th Ave E
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