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Retail-Restaurant-Office Spaces Available 162 Kingscote Way 2,136 - 9,953 SF of Space Available in King, NC 27021

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HIGHLIGHTS

  • Rooftop Lounge
  • Outdoor Patio
  • 2 Story Dining

SPACE AVAILABILITY (4)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 101
  • 3,463 SF
  • 5-10 Years
  • $31.00 /SF/YR $2.58 /SF/MO $107,353 /YR $8,946 /MO
  • Modified Gross
Space Use
Retail
Condition
Shell Space
Availability
Now

Unit 101 at 162 Kingscote Way is a special place for a Restaurant. It has two-story indoor and outdoor patio seating and a rooftop bar area. The developer is open to most any kind of restaurant for the location. Farm-to-table, brewery, wood-fired pizza, high-end grille, Mexican, etc. Inside the Kings Crossing neighborhood will be 66 townhomes and 122 single-family homes which will start construction in Jan. 2025.

  • Listed rate may not include certain utilities, building services and property expenses
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition
  • High Ceilings
  • Rooftop Lounge Area, Balcony Bar Area, Patio
  • 2nd Floor, Ste 203
  • 2,136 SF
  • Negotiable
  • $31.00 /SF/YR $2.58 /SF/MO $66,216 /YR $5,518 /MO
  • Modified Gross
Space Use
Office
Condition
Shell Space
Availability
30 Days

Unit 203-206 is on the upper level for medical office, general office, and professional office use. 2100sf-6500sf is possible for this unit. It is a conditioned shell. Tenants can design a floor plan that works for them. There is more office space available on the main level also.

  • Listed rate may not include certain utilities, building services and property expenses
  • Central Air and Heating
  • Currently a shell for you to design.
  • 2nd Floor, Ste 205
  • 2,136 SF
  • 5 Years
  • $31.00 /SF/YR $2.58 /SF/MO $66,216 /YR $5,518 /MO
  • Modified Gross
Space Use
Office
Condition
Shell Space
Availability
30 Days

Unit 203-206 is on the upper level for medical office, general office, and professional office use. 2100sf-6500sf is possible for this unit. It is a conditioned shell. Tenants can design a floor plan that works for them. There is more office space available on the main level also.

  • Listed rate may not include certain utilities, building services and property expenses
  • Space is in Excellent Condition
  • Central Air and Heating
  • 2nd Floor, Ste 207
  • 2,218 SF
  • 5 Years
  • $31.00 /SF/YR $2.58 /SF/MO $68,758 /YR $5,730 /MO
  • Modified Gross
Space Use
Office
Condition
Shell Space
Availability
30 Days

Unit 203-206 is on the upper level for medical office, general office, and professional office use. 2100sf-6500sf is possible for this unit. It is a conditioned shell. Tenants can design a floor plan that works for them. There is more office space available on the main level also.

  • Listed rate may not include certain utilities, building services and property expenses
  • Space is in Excellent Condition
  • Central Air and Heating
Space Size Term Rental Rate Rent Type
1st Floor, Ste 101 3,463 SF 5-10 Years $31.00 /SF/YR $2.58 /SF/MO $107,353 /YR $8,946 /MO Modified Gross
2nd Floor, Ste 203 2,136 SF Negotiable $31.00 /SF/YR $2.58 /SF/MO $66,216 /YR $5,518 /MO Modified Gross
2nd Floor, Ste 205 2,136 SF 5 Years $31.00 /SF/YR $2.58 /SF/MO $66,216 /YR $5,518 /MO Modified Gross
2nd Floor, Ste 207 2,218 SF 5 Years $31.00 /SF/YR $2.58 /SF/MO $68,758 /YR $5,730 /MO Modified Gross

1st Floor, Ste 101

Size
3,463 SF
Term
5-10 Years
Rental Rate
$31.00 /SF/YR $2.58 /SF/MO $107,353 /YR $8,946 /MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Shell Space
Availability
Now

Unit 101 at 162 Kingscote Way is a special place for a Restaurant. It has two-story indoor and outdoor patio seating and a rooftop bar area. The developer is open to most any kind of restaurant for the location. Farm-to-table, brewery, wood-fired pizza, high-end grille, Mexican, etc. Inside the Kings Crossing neighborhood will be 66 townhomes and 122 single-family homes which will start construction in Jan. 2025.

  • Listed rate may not include certain utilities, building services and property expenses
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition
  • High Ceilings
  • Rooftop Lounge Area, Balcony Bar Area, Patio

2nd Floor, Ste 203

Size
2,136 SF
Term
Negotiable
Rental Rate
$31.00 /SF/YR $2.58 /SF/MO $66,216 /YR $5,518 /MO
Rent Type
Modified Gross
Space Use
Office
Condition
Shell Space
Availability
30 Days

Unit 203-206 is on the upper level for medical office, general office, and professional office use. 2100sf-6500sf is possible for this unit. It is a conditioned shell. Tenants can design a floor plan that works for them. There is more office space available on the main level also.

  • Listed rate may not include certain utilities, building services and property expenses
  • Central Air and Heating
  • Currently a shell for you to design.

2nd Floor, Ste 205

Size
2,136 SF
Term
5 Years
Rental Rate
$31.00 /SF/YR $2.58 /SF/MO $66,216 /YR $5,518 /MO
Rent Type
Modified Gross
Space Use
Office
Condition
Shell Space
Availability
30 Days

Unit 203-206 is on the upper level for medical office, general office, and professional office use. 2100sf-6500sf is possible for this unit. It is a conditioned shell. Tenants can design a floor plan that works for them. There is more office space available on the main level also.

  • Listed rate may not include certain utilities, building services and property expenses
  • Space is in Excellent Condition
  • Central Air and Heating

2nd Floor, Ste 207

Size
2,218 SF
Term
5 Years
Rental Rate
$31.00 /SF/YR $2.58 /SF/MO $68,758 /YR $5,730 /MO
Rent Type
Modified Gross
Space Use
Office
Condition
Shell Space
Availability
30 Days

Unit 203-206 is on the upper level for medical office, general office, and professional office use. 2100sf-6500sf is possible for this unit. It is a conditioned shell. Tenants can design a floor plan that works for them. There is more office space available on the main level also.

  • Listed rate may not include certain utilities, building services and property expenses
  • Space is in Excellent Condition
  • Central Air and Heating

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 9,953 SF
Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 14,000 SF
Year Built 2024
Parking Ratio 3.16/1,000 SF
Cross Streets Moore Road

ABOUT THE PROPERTY

Kings Crossing is planned for a market center, anchor store, 3 outparcel, 66 townhomes and 122 single family homes. The single family homes start construction in Jan. 2025. This was created as a walkable community for residents to live, shop, eat and play! Kings Crossing is directly across from the Stokes Family YMCA.

  • Tenant Controlled HVAC
  • Listing ID: 31302938

  • Date on Market: 4/1/2024

  • Last Updated:

  • Address: 162 Kingscote Way, King, NC 27021

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