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Morgan Street Food Hall 411 W Morgan St
210 - 10,000 SF of Retail Space Available in Raleigh, NC 27603
HIGHLIGHTS
- Heavy Foot-traffic
- Free Marketing
- Built in Business
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 15 | 210-5,000 SF | 3-10 Years | $13.76 /SF/YR $1.15 /SF/MO $68,800 /YR $5,733 /MO | Full Service | ||
| 1st Floor, Ste 21 | 210-5,000 SF | 3-10 Years | $13.76 /SF/YR $1.15 /SF/MO $68,800 /YR $5,733 /MO | Full Service |
1st Floor, Ste 15
Vendor Stalls and Kiosks are available! See the Flyer or call the Broker for more information. Water, Gas, Common Area Cleaning & Maintenance, Ice, Cool Storage, and Trash Removal - are all included! High Foot-Traffic: Office workers, tourists, and Residents ensure a steady stream of potential customers experiencing your brand! Low Overhead Costs: Shared facilities & utilities combined with low upfit cost. Marketing and Promotion: Joint marketing efforts in place that help drive business to the Morgan Street Food Hall at no expense to vendor partners. Proven Concept: The Morgan Street Food Hall is a tourist destination in Raleigh allowing success during various market conditions. Additional Services Offered: Dry Storage & Dishwasher/Porter services
- Rate includes utilities, building services and property expenses
- Located in Food Court
- Central Air and Heating
- Kitchen
- High Ceilings
- Plug & Play
- High Foot-Traffic
- Low Overhead Costs
- Proven Concept
- Built in Business
- Free Marketing and Promotion
- Additional Services Offered
1st Floor, Ste 21
Vendor Stalls and Kiosks are available! See the Flyer or call the Broker for more information. Water, Gas, Common Area Cleaning & Maintenance, Ice, Cool Storage, and Trash Removal - are all included! High Foot-Traffic: Office workers, tourists, and Residents ensure a steady stream of potential customers experiencing your brand! Low Overhead Costs: Shared facilities & utilities combined with low upfit cost. Marketing and Promotion: Joint marketing efforts in place that help drive business to the Morgan Street Food Hall at no expense to vendor partners. Proven Concept: The Morgan Street Food Hall is a tourist destination in Raleigh allowing success during various market conditions. Additional Services Offered: Dry Storage & Dishwasher/Porter services
- Rate includes utilities, building services and property expenses
- Located in Food Court
- Central Air and Heating
- Kitchen
- High Ceilings
- Plug & Play
- High Foot-Traffic
- Low Overhead Costs
- Proven Concept
- Built in Business
- Free Marketing and Promotion
- Additional Services Offered
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 W MORGAN ST , RALEIGH, NC 27603
| Total Space Available | 10,000 SF | Gross Leasable Area | 16,847 SF |
| Min. Divisible | 210 SF | Year Built/Renovated | 1950/2018 |
| Property Type | Retail | Cross Streets | West |
| Property Subtype | Restaurant |
| Total Space Available | 10,000 SF |
| Min. Divisible | 210 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 16,847 SF |
| Year Built/Renovated | 1950/2018 |
| Cross Streets | West |
ABOUT THE PROPERTY
Please see the attahed PDF for more information
- Bus Line
- Food Court
- Property Manager on Site
- Signage
- Signalized Intersection
- Skylights
NEARBY MAJOR RETAILERS
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Morgan Street Food Hall | 411 W Morgan St
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