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20 Nc Highway 32 N 4,786 SF of Retail Space Available in Sunbury, NC 27979
HIGHLIGHTS
- FORMER BANK BUILDING
- 4786 SQUARE FEET BUILDING ON 1.12 ACRE PARCEL
- $ 5000 PER MONTH NNN
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,786 SF | Negotiable | $12.54 /SF/YR $1.05 /SF/MO $60,016 /YR $5,001 /MO | Triple Net (NNN) |
1st Floor
Exceptional Leasing Opportunity! Available for $5,000/month NNN, this single-story 4,786 SF commercial building is ideally situated on a 0.55-acre lot with excellent visibility and access on NC Highway 32 N in Sunbury, Gates County, NC. Built in 1970, the property features a Class C retail/bank layout, ample surface parking, and a flexible floor plan suitable for retail, office, or financial services. High Traffic Volume: Over 3,300+ vehicles daily on Highway 32? Strategic Location: Suburban setting in the growing Virginia Beach-Norfolk-Newport News CBSA Single Tenant Building: Exclusive use and occupancy Modern Accessibility: Convenient surface parking and direct frontage Zoning: C1 - supporting a range of commercial uses Demographics within a 3-mile radius include over 1,000 residents, 431 households, and daytime employment of nearly 400, with a stable median income. The site is within a moderate-to-low flood risk area (FEMA Zones B & X).? Perfect for businesses seeking prominent signage, drive-by exposure, and a tailored space in Gates County. Contact today about long-term lease options!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- FORMER BANK BRANCH FOR SALE
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 | 4,786 SF | Gross Leasable Area | 4,786 SF |
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Bank |
| Total Space Available | 4,786 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 4,786 SF |
| Year Built | 1970 |
ABOUT THE PROPERTY
Presenting 20 NC Highway 32 North, Sunbury, NC 27979—an exceptional opportunity to lease a fully functional former bank building situated in a prominent location at the intersection of NC 32 and Bank Street. This attractive, standalone commercial property offers an expansive 4,786 square feet of building space on a generous 1.12-acre parcel, providing ample parking and convenient accessibility for both customers and staff.? The building features classic architectural elements typical of secure banking institutions, including a reinforced vault, private offices, conference room(s), teller windows, dedicated lobby area, and drive-thru capability. The interior can easily be adapted for a multitude of professional, retail, or service uses, such as financial institutions, medical or dental offices, law practices, technology centers, or retail showroom. Built in 1970 and maintained to high standards, the property boasts solid construction and is classified as Building Class B, making it an attractive choice for businesses seeking quality and professionalism. The site’s prominent frontage along NC Highway 32 ensures high visibility and traffic count in the heart of Sunbury, just minutes from the Virginia border and highways leading toward Hampton Roads and Elizabeth City.? Additional amenities include multiple private restrooms, a large lot for potential expansion or outdoor use, and flexible lease terms. Zoned for commercial and retail use, the building is ready for immediate occupancy and ideal for tenants seeking a prime location in Gates County. Contact us today for full details or to schedule a private tour of this distinctive property.
Presented by
SVN/Shah Companies
20 Nc Highway 32 N
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