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Main Street 15 S Main St
5,200 SF of Retail Space Available in Franklinton, NC 27525
Highlights
- Main Street, lots of foot traffic
- Great Exposure, Plate Glass Windows.
- Centrally Located in the Restaurant District of Franklinton
Space Availability (1)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor | 5,200 SF | 12 ft | 1 Year | £12.64 /SF/PA £1.05 /SF/MO £136.06 /m²/PA £11.34 /m²/MO £65,729 /PA £5,477 /MO | Net |
1st Floor
Franklinton, NC is Loading up with Restaurants and Breweries. This Quaint Little Town, has thousands of Homes being built near by..... Conveniently Located just North of Raleigh NC, its BOOMING! Building is 110 years old plus....Plank Hardwood Floors are beautiful. Fronts on main Street as well as Front Street, in the back. GREAT Location for a Restaurant!
- Lease rate does not include certain property expenses
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Exposed Ceiling
- Finished Ceilings: 12 ft
- Wooden Floors
- UPCOMING AREA, lots of walking Traffic
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 15 S Main St , Franklinton, NC 27525
| Property Type | Retail | Gross Internal Area | 5,400 SF |
| Property Subtype | Restaurant | Year Built | 1908 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal Area | 5,400 SF |
| Year Built | 1908 |
About the Property
For Lease (5400.00 per month) OR for SALE (based on past year Comps $1,610,000.00) Historic Old Perkins Furniture Store, Building is over 110 years Old, with Beautiful Hardwood Floors. Fronts On MAIN STREET, back door to Front Street, with New Restaurants and Bars going in, Up and Down the Street, as well as Across the Street. Franklinton is a Booming Community, with thousands of New Homes and Condos, located within walking distance of the Location. An Italian Restaurant would be Perfect, because of Room size. Other uses...Tavern, Sports Bar, Antique Shop, Retail Space.....Lots of Foot Traffic. Please Come and Check it out!
-
Craig Rooth - CJR Investments
Presented by
CJR Investments
Main Street | 15 S Main St
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