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Rockingham Square 703 Chief Martin Street
4,998 - 18,070 SF of Retail Space Available in Madison, NC 27025
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 610B | 7,053 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 700 | 6,019 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 702 | 4,998 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste 610B
1st Floor, Ste 700
- Located in-line with other retail
1st Floor, Ste 702
- Located in-line with other retail
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 703 Chief Martin Street , Madison, NC 27025
| Property Type | Retail | Gross Leasable Area | 76,256 SF |
| Property Subtype | Freestanding | Year Built | 1978 |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 76,256 SF |
| Year Built | 1978 |
About the Property
Square Footage: 76,256 SF (entire center) Spaces available: 4,998 SF, 6,109 SF & 7,053 SF. 4,998 & 6,019 can be combined. End-Cap Unit: 7,053 SF with yard adjacent to Hwy 220; Excellent space for anchor tenant. Across the street: Tractor Supply and Aarons. Acreage: 7.14 acres Current tenants: Karra’s Place, Always & Forever Florist, Jewelry Nails, In Him Outreach Center & Bookstore, Helping Hands Food Pantry & Gift, Uptown Self Storage Shop, Madtown Barber
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RJ Sweeney III -
Robert J. Sweeney -
RJS Properties, Inc.
Learn More About Leasing Retail Properties
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Rockingham Square | 703 Chief Martin Street
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