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Mayodan Retail Space | Hwy 220 Corridor Lease 131 Commerce Ln 1,610 - 22,954 SF of Space Available in Mayodan, NC 27027
Highlights
- Retail and office space available from 1,610–3,272 SF in established multi-tenant shopping center
- Shadow anchored by nearby Walmart Supercenter driving consistent regional customer traffic
- Co-tenancy with national brands including Dollar Tree, Cato, Shoe Show and Great Clips
- Located along Mayodan’s primary retail corridor with strong daily traffic and visibility
- Close proximity to US Highway 220 (future I-73) connecting Greensboro and Martinsville
- Ample surface parking with strong 5.39/1,000 SF parking ratio and prominent pylon signage
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1201-L/M | 3,272 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 1401-N | 1,610 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 1501-O | 1,610 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 1201-L/M
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
1st Floor, Ste 1401-N
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
1st Floor, Ste 1501-O
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1201-L/M | 3,272 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor - 1201-S | 16,462 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 1401-N | 1,610 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 1501-O | 1,610 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 1201-L/M
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
1st Floor - 1201-S
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste 1401-N
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
1st Floor, Ste 1501-O
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail 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.
Select Tenants at Mayodan Retail Space | Hwy 220 Corridor Lease
- Tenant
- Description
- US Locations
- Reach
- Cato
- Ladies' Apparel
- 1,474
- National
- Dollar Tree
- Dollar/Variety/Thrift
- 11,307
- International
- Great Clips
- Salon/Barber/Spa
- 6,166
- International
- Hire Dynamics
- Employment Agency
- 19
- National
- San Marcos Mexican Restaurant
- Restaurant
- 2
- Local
- Shoe Show
- Shoes
- 543
- National
| Tenant | Description | US Locations | Reach |
| Cato | Ladies' Apparel | 1,474 | National |
| Dollar Tree | Dollar/Variety/Thrift | 11,307 | International |
| Great Clips | Salon/Barber/Spa | 6,166 | International |
| Hire Dynamics | Employment Agency | 19 | National |
| San Marcos Mexican Restaurant | Restaurant | 2 | Local |
| Shoe Show | Shoes | 543 | National |
Property Facts
| Total Space Available | 22,954 SF | Gross Leasable Area | 55,659 SF |
| Property Type | Retail | Year Built/Renovated | 1996/2007 |
| Property Subtype | Storefront | Parking Ratio | 5.39/1,000 SF |
| Total Space Available | 22,954 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 55,659 SF |
| Year Built/Renovated | 1996/2007 |
| Parking Ratio | 5.39/1,000 SF |
About the Property
Retail and office space for lease at Mayodan Shopping Center, a well-established neighborhood retail center located at 131 Commerce Ln. Available suites range from approximately 1,610 to 3,272 square feet and feature partial build-outs suitable for retail, service, office, or flex space users. The center offers excellent visibility, prominent pylon signage, and ample on-site parking, making it an attractive location for businesses seeking high exposure and convenient customer access. Strategically positioned near US Highway 220—the future Interstate 73—the property provides direct connectivity to Greensboro, Winston-Salem, and Martinsville. This prime location within the Piedmont Triad region places tenants within a strong regional trade area with convenient access to major employment hubs and population centers. The center benefits from a strong tenant mix including national retailers such as Dollar Tree, Cato, and Shoe Show, along with multiple service and restaurant tenants that generate steady foot traffic. With proximity to major employers and regional retail drivers—including a nearby Walmart Supercenter—this location offers an excellent opportunity for retailers, service providers, and professional office users seeking space within a proven retail corridor. Thank you,
- Pylon Sign
- Signage
Presented by
Mayodan Retail Space | Hwy 220 Corridor Lease | 131 Commerce Ln
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