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5125 NC Highway 55
1,168 SF of Retail Space Available in Durham, NC 27713
Highlights
- 1,168 RSF Flex Retail Space for Lease
- Perfectly located in the heart of RTP
- 9,612 SF Neighborhood Center
- Ample Parking with the Ratio: 5.2/1,000SF
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 103 | 1,168 SF | Negotiable | $28.00 /SF/YR $2.33 /SF/MO $32,704 /YR $2,725 /MO | Triple Net (NNN) |
1st Floor, Ste 103
A prime retail opportunity at our vibrant 57,000 SF neighborhood center, strategically nestled near RTP. With 1,168 RSF of available retail space, this is the perfect canvas for boutiques, coffee shops, and restaurants to thrive. Immerse your brand in a bustling community, surrounded by major retailers like Publix, Food Lion, and Starbucks. Seamless access to I-40 ensures unparalleled visibility. Seize this chance at a competitive rental rate of $28.00/SF Plus $5.20 TICAM. Ample parking at 5.2/1,000 SF.
- Lease rate does not include utilities, property expenses or building services
- 1,168 RSF Flex Retail Space for Lease
- 9,612 SF Neighborhood Center
- Perfectly located in the heart of RTP
- Ample Parking with the Ratio: 5.2/1,000SF
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 5125 NC Highway 55 , Durham, NC 27713
| Property Type | Retail | Year Built | 2022 |
| Property Subtype | Freestanding | Parking Ratio | 20.83/1,000 SF |
| Gross Leasable Area | 2,400 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 2,400 SF |
| Year Built | 2022 |
| Parking Ratio | 20.83/1,000 SF |
About the Property
LAST SPACE Available for LEASE: A prime retail opportunity at our vibrant 57,000 SF neighborhood center, strategically nestled near RTP. With 1,168 RSF of available retail space, this is the perfect canvas for boutiques, coffee shops, and restaurants to thrive. Ideal user - MedSpa, Therapists, Retail and E-commerce businesses! Excellent for specialized Dance studio for all cultures! This would be a great location for Retail clothing stores too! Seamless access to I-40 ensures unparalleled visibility. Yourchance at a competitive rental rate of $28.00/SF Plus $5.20 TICAM. Ample parking at 5.2/1,000 SF. Sorry - Tobacco, Vape, and CBD product uses are not permitted here
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5125 NC Highway 55
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