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Franklinton Square 3422 US 1 Hwy
1,500 - 4,566 SF of Retail Space Available in Franklinton, NC 27525
Highlights
- Ideally located in eastern North Carolina, approximately 20 miles northeast of Raleigh.
- Opportunities available to become part of the dominant grocery anchored shopping center in Franklinton
Space Availability (2)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 3366 | 1,500 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD | ||
| 1st Floor, Ste 3374 | 3,066 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
3364-3392 US 1 Hwy - 1st Floor - Ste 3366
3364-3392 US 1 Hwy - 1st Floor - Ste 3374
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.
SELECT TENANTS AT Franklinton Square
- Tenant
- Description
- US Locations
- Reach
- Food Lion
- Supermarket
- 1,446
- National
| Tenant | Description | US Locations | Reach |
| Food Lion | Supermarket | 1,446 | National |
PROPERTY FACTS FOR 3422 US 1 Hwy , Franklinton, NC 27525
| Centre Type | Neighborhood Center | Frontage | |
| Parking | 484 Spaces | Gross Leasable Area | 83,370 SF |
| Stores | 13 | Total Land Area | 13.62 AC |
| Centre Properties | 4 | Year Built | 1999 |
| Centre Type | Neighborhood Center |
| Parking | 484 Spaces |
| Stores | 13 |
| Centre Properties | 4 |
| Frontage | |
| Gross Leasable Area | 83,370 SF |
| Total Land Area | 13.62 AC |
| Year Built | 1999 |
About the Property
Franklinton Square stands out as the leading shopping center in Franklinton, boasting popular national tenants such as Food Lion, Subway, and Family Dollar, among others. Located in eastern North Carolina, about 20 miles northeast of Raleigh, the City of Franklinton is the perfect destination for shoppers. With an impressive average of 5.82 visits per person, Franklinton Square has mastered the art of keeping its most devoted customers coming back for more.
- Pylon Sign
- Signalised Intersection
-
Power Broker Kevin Conway -
Wheeler Real Estate Investment Trust, Inc.
Presented by
Franklinton Square | 3422 US 1 Hwy
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