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Marketplace At Southern Shores 5531-5597 N Croatan Hwy
3,750 SF of Retail Space Available in Southern Shores, NC 27949
Highlights
- Anchored in the Heart of the Famed Outer Banks
- Avg Daily Population Swells 6-8x from June-Aug
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 21 | 3,750 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor, Ste 21
3,750 SF End Cap Space Available for Lease
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Corner Space
- Anchored by Major Retailers
- Located in NC's Premier Summer Beach Destination
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 Marketplace At Southern Shores
- Tenant
- Description
- US Locations
- Reach
- CVS Pharmacy
- Drug Store
- 10,840
- National
- Five Below
- Dollar/Variety/Thrift
- 2,313
- National
- Food Lion
- Supermarket
- 1,446
- National
- Jersey Mike's Subs
- Sub Sandwich
- 3,560
- International
- Marshalls
- Dept Store
- 1,498
- International
- Starbucks
- Coffee
- 20,986
- International
| Tenant | Description | US Locations | Reach |
| CVS Pharmacy | Drug Store | 10,840 | National |
| Five Below | Dollar/Variety/Thrift | 2,313 | National |
| Food Lion | Supermarket | 1,446 | National |
| Jersey Mike's Subs | Sub Sandwich | 3,560 | International |
| Marshalls | Dept Store | 1,498 | International |
| Starbucks | Coffee | 20,986 | International |
PROPERTY FACTS FOR 5531-5597 N Croatan Hwy , Southern Shores, NC 27949
| Property Type | Retail | Year Built/Renovated | 1986/2003 |
| Property Subtype | Storefront | Parking Ratio | 4.36/1,000 SF |
| Gross Internal Area | 138,307 SF | Cross Streets | Bypass Rte. 158 & Juniper Tr. |
| Total Land Area | 18.12 AC |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Internal Area | 138,307 SF |
| Total Land Area | 18.12 AC |
| Year Built/Renovated | 1986/2003 |
| Parking Ratio | 4.36/1,000 SF |
| Cross Streets | Bypass Rte. 158 & Juniper Tr. |
About the Property
Located just over a mile from the Wright Memorial Bridge, the Marketplace at Southern Shores is strategically positioned as the primary grocery destination for travelers entering the Outer Banks from Virginia. Serving as a vital hub in this high-barrier-to-entry market, the marketplace, anchored by major retailers like Food Lion, Marshalls, and CVS Pharmacy, offers a comprehensive shopping experience amidst an area with limited nearby competition.
- Courtyard
- Pylon Sign
- Restaurant
- Signalised Intersection
Nearby Major Retailers
Presented by
Marketplace At Southern Shores | 5531-5597 N Croatan Hwy
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