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1001 S. Memorial Drive, Greenville, NC 1001 S Memorial Dr 2,618 SF of Retail Space Available in Greenville, NC 27834

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HIGHLIGHTS

  • 2618 +/- Square Feet
  • Drive-Thru in Place
  • High Traffic Area - 19,000 Vehicle Count Per Day
  • 37 Parking Spaces
  • Across from Guy Smith Stadium
  • Zoned CH (Heavy Commercial)

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 2,618 SF
  • Negotiable
  • $28.00 /SF/YR $2.33 /SF/MO $73,304 /YR $6,109 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Well located at a fully signalized intersection with excellent visibility and close proximity to Vidant Medical Center and multiple major fast-food chains. 2618 +/- Square Feet 37 Parking Spaces Drive-Thru Across from Guy Smith Stadium 19,000 Vehicle Count Per Day Zoned CH (Heavy Commercial)

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
Space Size Term Rental Rate Rent Type
1st Floor 2,618 SF Negotiable $28.00 /SF/YR $2.33 /SF/MO $73,304 /YR $6,109 /MO Triple Net (NNN)

1st Floor

Size
2,618 SF
Term
Negotiable
Rental Rate
$28.00 /SF/YR $2.33 /SF/MO $73,304 /YR $6,109 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Well located at a fully signalized intersection with excellent visibility and close proximity to Vidant Medical Center and multiple major fast-food chains. 2618 +/- Square Feet 37 Parking Spaces Drive-Thru Across from Guy Smith Stadium 19,000 Vehicle Count Per Day Zoned CH (Heavy Commercial)

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space

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 broker 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

Total Space Available 2,618 SF
Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 2,618 SF
Year Built 1981
Parking Ratio 14.13/1,000 SF

ABOUT THE PROPERTY

Introducing 1001 S. Memorial Drive, a prime commercial property situated in Greenville, North Carolina. With a strategic location at a fully signalized intersection, this property boasts exceptional visibility and close proximity to ECU Health Medical Center and major fast-food chains. The property features 2618 +/- square feet of space, 37 parking spaces, a drive-thru, and is conveniently located across from Guy Smith Stadium. With a daily traffic count of 19,000 vehicles, this space is ideal for businesses looking to capitalize on heavy commercial zoning. In addition, the property offers a range of permitted uses, from governmental municipal buildings to liquor stores and agricultural activities. Don't miss the opportunity to own or lease this high-traffic location with immense potential for your business. Call us today at 252-355-0088 to schedule your tour!

NEARBY MAJOR RETAILERS

Waffle House
Denny's
Cook Out
Rent-A-Center
Buddy's Home Furnishings
Piggly Wiggly
Hwy 55 Burgers Shakes & Fries
Starbucks
Carter Bank & Trust
First Citizens Bank
  • Listing ID: 31327553

  • Date on Market: 3/26/2024

  • Last Updated:

  • Address: 1001 S Memorial Dr, Greenville, NC 27834

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