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Independence Promenade 5301-5323 E Independence Blvd
1,600 - 3,400 SF of Retail Space Available in Charlotte, NC 28212
Highlights
- Major traffic counts, automotive dealership corridor, nightlife and dining destination
Space Availability (2)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste D | 1,600 SF | Negotiable | £18.78 /SF/PA £1.56 /SF/MO £202.13 /m²/PA £16.84 /m²/MO £30,046 /PA £2,504 /MO | Triple Net | ||
| 1st Floor, Ste F | 1,800 SF | Negotiable | £18.78 /SF/PA £1.56 /SF/MO £202.13 /m²/PA £16.84 /m²/MO £33,802 /PA £2,817 /MO | Triple Net |
5317-5323 E Independence Blvd - 1st Floor - Ste D
Former event space with multiple restrooms
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Located in-line with other retail
5309 E Independence Blvd - 1st Floor - Ste F
Space has been fully renovated top to bottom. New LVP flooring. Wall shelving conveys with the space. POS system, DVR and furniture can be acquired from current tenant.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Security System
- Closed Circuit Television Monitoring (CCTV)
- Drop Ceilings
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 5301-5323 E Independence Blvd , Charlotte, NC 28212
| Centre Type | Neighborhood Center | Frontage | |
| Parking | 587 Spaces | Gross Leasable Area | 187,418 SF |
| Stores | 18 | Total Land Area | 15.39 AC |
| Centre Properties | 4 | Year Built | 1987 |
| Centre Type | Neighborhood Center |
| Parking | 587 Spaces |
| Stores | 18 |
| Centre Properties | 4 |
| Frontage | |
| Gross Leasable Area | 187,418 SF |
| Total Land Area | 15.39 AC |
| Year Built | 1987 |
About the Property
Independence Promenade is a 99,000 square foot shopping center located just outside of uptown Charlotte on the main automotive corridor of Charlotte. Latorre Automotive occupies the center's outparcel. New LED lighting throughout + additional upgrades have been done throughout the property. New grocery store anchor tenant Super Mercado La Unica opened in April 2016! One one space (1,700 SF suite G) remains available for lease. Independence Promenade is located on Independence Boulevard (US Highway 74) which is one of the busiest thoroughfares in Charlotte as evidenced by a traffic count of 62,000 cars per day.
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
Nearby Major Retailers
Presented by
Independence Promenade | 5301-5323 E Independence Blvd
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