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±7,000 SF Restaurant Space 200-204 W Union 3,000 - 10,500 SF of Retail Space Available in Morganton, NC 28655
Highlights
- ±7,000 SF total, divisible into two restaurant spaces
- Flexible suite sizes to accommodate tenant needs
- Outdoor seating potential
- Prominent hard corner with excellent street visibility
- High foot traffic in an active and growing downtown
- Surrounded by thriving local and regional businesses
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,000-7,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,000-7,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor | 3,000-3,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
1st Floor
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 | 10,500 SF | Gross Leasable Area | 11,735 SF |
| Min. Divisible | 3,000 SF | Year Built | 1900 |
| Property Type | Retail | Parking Ratio | 0.6/1,000 SF |
| Property Subtype | Storefront |
| Total Space Available | 10,500 SF |
| Min. Divisible | 3,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 11,735 SF |
| Year Built | 1900 |
| Parking Ratio | 0.6/1,000 SF |
About the Property
Premier Downtown Morganton Restaurant Space – 200 W. Union Street Now available for lease: ±7,000 square feet of highly visible restaurant space located at one of the most prominent hard corners in downtown Morganton. This prime location sits at the intersection of Union and Green Streets—just steps from shopping, breweries, and the historic courthouse square. The space will be subdivided into two restaurant suites with flexible sizing options, making it ideal for a variety of concepts—from fast casual to full-service dining. Modern renovations and a refreshed façade.
Nearby Major Retailers
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±7,000 SF Restaurant Space | 200-204 W Union
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