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Millbrook Collection 4701 Atlantic Ave
1 - 1,000 SF of Retail Space Available in Raleigh, NC 27604
Highlights
- Located at the busy intersection of Millbrook Road and Atlantic Avenue
- Anchored by NC Secretary of State and NC Department of Revenue
- Multiple points of ingress and egress
- Traffic counts average 27,000 cars per day on Atlantic Avenue and 20,000 on Millbrook Road
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Pad Site | 1-1,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
4701 Atlantic Ave - 1st Floor - Ste Pad Site
Pad site available as ground lease or build to suit.
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 Millbrook Collection
- Tenant
- Description
- US Locations
- Reach
- Burn Boot Camp
- Fitness
- 493
- National
- North Carolina Department of Revenue
- Administrative and Support Services
- -
- -
- North Carolina Secretary of State
- Administrative and Support Services
- -
- -
- Seoul Garden
- Restaurant
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Burn Boot Camp | Fitness | 493 | National |
| North Carolina Department of Revenue | Administrative and Support Services | - | - |
| North Carolina Secretary of State | Administrative and Support Services | - | - |
| Seoul Garden | Restaurant | 1 | Local |
PROPERTY FACTS FOR 4701 Atlantic Ave , Raleigh, NC 27604
| Min. Divisible | 1 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 106,525 SF |
| Parking | 754 Spaces | Total Land Area | 27.38 AC |
| Stores | 16 | Year Built | 1989 |
| Center Properties | 3 |
| Min. Divisible | 1 SF |
| Center Type | Neighborhood Center |
| Parking | 754 Spaces |
| Stores | 16 |
| Center Properties | 3 |
| Frontage | |
| Gross Leasable Area | 106,525 SF |
| Total Land Area | 27.38 AC |
| Year Built | 1989 |
About the Property
Millbrook Collection is located in the heart of Raleigh, NC at the busy intersection of Millbrook Road and Atlantic Avenue. Anchored by the NC Secretary of State and the NC Department of Revenue, the center has a wide variety of retail, restaurant and professional service tenants that generate a daily flow of traffic to the center. Traffic counts on Atlantic Avenue average 26,500 cars per day. Small shop space available is ideal for a Pizzeria, Coffee and Pastry shop, or Bagel shop. No internet cafes.
- Bus Line
- Dedicated Turn Lane
- Food Court
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
Nearby Major Retailers
Presented by
Millbrook Collection | 4701 Atlantic Ave
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