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Park Terrace 2223 E NC Highway 54
1,224 SF of Retail Space Available in Durham, NC 27713
HIGHLIGHTS
- Located directly on highway 54
- Includes new monument signage
- Includes new awnings
- Offers excellent visibility
- 1 min drive from national retail
- Includes new LED lights
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- CEILING
- TERM
- RENT
- SERVICE TYPE
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor | 1,224 SF | 14 ft | 3-10 Years | £14.32 /SF/PA £1.19 /SF/MO £17,522 /PA £1,460 /MO | Triple Net |
2223 E NC Highway 54 - 1st Floor
Landlord is willing to upfit the space into a hair salon should the tenant request this option and provides strong financials + lease terms. The unit is currently vacant and mostly open floor. As of now, it includes 1 bathroom and 1 back entrance. It is in line with the shopping center and offers excellent visibility.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Private Restrooms
- After Hours HVAC Available
- Finished Ceilings: 14 ft
- Landlord willing to build out as hairsalon
- Includes 1 bathroom
- Includes 1 back entrance
- Provides excellent visibility
- Mostly open floor
- Includes plenty of parking
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 2223 E NC HIGHWAY 54 , DURHAM, NC 27713
| Total Space Available | 1,224 SF | Frontage | 768 ft on Nc-54 Hwy |
| Centre Type | Strip Center | Gross Leasable Area | 24,813 SF |
| Parking | 122 Spaces | Total Land Area | 2.70 AC |
| Centre Properties | 1 | Year Built | 1987 |
| Total Space Available | 1,224 SF |
| Centre Type | Strip Center |
| Parking | 122 Spaces |
| Centre Properties | 1 |
| Frontage | 768 ft on Nc-54 Hwy |
| Gross Leasable Area | 24,813 SF |
| Total Land Area | 2.70 AC |
| Year Built | 1987 |
ABOUT THE PROPERTY
Located in Durham NC, this shopping center is seeking a tenant for its 1224 sq ft space. The shopping center is located on highway 54 and offers incredible visibility. The center has received multiple improvements over the past couple of years such as a new paint job and tenant monument sign. The center is only a 1 min drive from national retail such as Taco Bell, McDonalds, and Cook Out. Don’t miss this amazing opportunity.
- 24 Hour Access
- Freeway Visibility
- Restaurant
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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Park Terrace | 2223 E NC Highway 54
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