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123 N Washington St
4,600 SF of Retail Space Available in Rocky Mount, NC 27801
Highlights
- Boasting a vibrant location with a plethora of restaurants nearby
- Tailored for experiential businesses seeking to make a mark in the service industry, whether it’s hair styling, barbering, or massage therapy
- Iconic two-story downtown building exuding historic charm and character
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
Space | Size | Term | Rent | Service Type | ||
1st Floor | 4,600 SF | Negotiable | £6.54 /SF/PA £0.55 /SF/MO £70.40 /m²/PA £5.87 /m²/MO £30,087 /PA £2,507 /MO | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
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 agent 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 123 N Washington St , Rocky Mount, NC 27801
Property Type | Retail | Gross Internal Area | 4,600 SF |
Property Subtype | Storefront Retail/Office | Year Built | 1930 |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Internal Area | 4,600 SF |
Year Built | 1930 |
About the Property
Iconic two-story downtown building exuding historic charm and character Tailored for experiential businesses seeking to make a mark in the service industry, whether it’s hair styling, barbering, or massage therapy Perfectly suited for thrilling adventure ventures such as escape rooms, offering an unforgettable experience for patrons Boasting a vibrant location with a plethora of restaurants nearby, creating a bustling atmosphere ideal for attracting foot traffic and enhancing the overall customer experience Immerse yourself in the rich heritage and timeless allure of downtown surroundings, where every storefront tells a story and every corner is ripe with potential
Nearby Major Retailers
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123 N Washington St
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