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16 W Third St
4,038 - 16,305 SF of Office/Retail Space Available in Winston-Salem, NC 27101
Highlights
- Property highlights: Flexible floorplans, ample natural light, conference rooms, kitchen/break rooms, and perimeter offices.
- Benefit from short walk/travel times to restaurants, parking, night life with access to Salem Parkway and Highway 52.
Space Availability (4)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
Space | Size | Term | Rent | Service Type | ||
Basement | 4,053 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD | ||
1st Floor | 4,038 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD | ||
2nd Floor | 4,072 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD | ||
3rd Floor | 4,142 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
Basement
16 W. Third Street is located between Main and Liberty in the heart of the Central Business District. The property features a 4-story building containing approximately 16,305± SF. Benefit from short walk/travel times to restaurants, parking, night life with access to Salem Parkway and Highway 52. Property highlights: Flexible floorplans, ample natural light, conference rooms, kitchen/break rooms, and perimeter offices.
1st Floor
16 W. Third Street is located between Main and Liberty in the heart of the Central Business District. The property features a 4-story building containing approximately 16,305± SF. Benefit from short walk/travel times to restaurants, parking, night life with access to Salem Parkway and Highway 52. Property highlights: Flexible floorplans, ample natural light, conference rooms, kitchen/break rooms, and perimeter offices.
- 16,305± SF
- 4 floors
- 4,000± SF floor plate
- Glass exterior
- Built-up roof
- 54' x 80' dimensions
2nd Floor
16 W. Third Street is located between Main and Liberty in the heart of the Central Business District. The property features a 4-story building containing approximately 16,305± SF. Benefit from short walk/travel times to restaurants, parking, night life with access to Salem Parkway and Highway 52. Property highlights: Flexible floorplans, ample natural light, conference rooms, kitchen/break rooms, and perimeter offices.
3rd Floor
16 W. Third Street is located between Main and Liberty in the heart of the Central Business District. The property features a 4-story building containing approximately 16,305± SF. Benefit from short walk/travel times to restaurants, parking, night life with access to Salem Parkway and Highway 52. Property highlights: Flexible floorplans, ample natural light, conference rooms, kitchen/break rooms, and perimeter offices.
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 16 W Third St , Winston-Salem, NC 27101
Property Type | Retail | Year Built | 1957 |
Property Subtype | Bank | Parking Ratio | 0.31/1,000 SF |
Gross Internal Area | 16,305 SF |
Property Type | Retail |
Property Subtype | Bank |
Gross Internal Area | 16,305 SF |
Year Built | 1957 |
Parking Ratio | 0.31/1,000 SF |
About the Property
16 W. Third Street is located between Main and Liberty in the heart of the Central Business District. The property features a 4-story building containing approximately 16,305± SF.
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16 W Third St
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