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Piney Grove Shopping Center 535 Nelson St
43,858 SF of Retail Space Available in Kernersville, NC 27284
Highlights
- The property is part of a bustling shopping center that includes popular tenants like Subway, Jackson Hewitt, and Amalfi’s Pizza.
- Located in a high-demand retail corridor, the property is surrounded by major national brands.
- The property provides ample on-site parking, ensuring convenience for customers and employees, with easy access to nearby major roadways.
- With its adaptable floor plan, this property is perfect for a wide variety of uses, from retail and grocery to service-oriented businesses.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 43,858 SF | Negotiable | $8.00 /SF/YR $0.67 /SF/MO $350,864 /YR $29,239 /MO | Triple Net (NNN) |
535 Nelson St - 1st Floor - Ste 1
Nestled within a key retail corridor, the property is part of a dynamic commercial community. The surrounding businesses contribute to a vibrant marketplace, attracting a broad customer base and fostering a thriving business environment for any future occupant of this former Lowe's Food space.
- Lease rate does not include utilities, property expenses or building services
- Plenty of parking spaces
- Positioned in a high-traffic retail hub
- Adaptable space
- Located in Piney Grove Plaza
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 535 Nelson St , Kernersville, NC 27284
| Center Type | Neighborhood Center | Gross Leasable Area | 57,858 SF |
| Parking | 254 Spaces | Total Land Area | 11.60 AC |
| Center Properties | 2 | Year Built | 1987 |
| Frontage |
| Center Type | Neighborhood Center |
| Parking | 254 Spaces |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 57,858 SF |
| Total Land Area | 11.60 AC |
| Year Built | 1987 |
About the Property
The former freestanding Lowe's Food in Piney Grove Plaza is now available, offering a prime opportunity in a bustling retail center. The plaza features other tenants like Subway, Jackson Hewitt, and Amalfi’s Pizza, ensuring consistent foot traffic and visibility. Situated in a highly active retail corridor, the property is surrounded by major businesses, including Dollar Tree, Walgreens, AutoZone, Sonic, and Grease Monkey, making it an ideal location for any retailer. The space boasts a flexible floor plan, allowing for a wide range of potential uses, perfect for businesses looking to tap into this vibrant market.
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
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Piney Grove Shopping Center | 535 Nelson St
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