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201 Graduate Rd 2,528 SF of Retail Space Available in Conway, SC 29526
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 101 | 2,528 SF | Negotiable | $28.00 /SF/YR $2.33 /SF/MO $70,784 /YR $5,899 /MO | Triple Net (NNN) |
1st Floor, Ste 101
2,528 SF end cap restaurant with covered outdoor patio located at University Commons, a busy retail strip center strategically located at the signalized intersection of Hwy 501 and University Blvd, adjacent to Coastal Carolina University. Also in close proximity are Horry Georgetown Technical College, Conway Medical Center, Lowes Home Improvement and a new Marriott Fairfield Inn located on the adjacent property to the north. Unit 101 consists of large indoor & outdoor dining areas, open kitchen with hood, private food prep/storage area and 2 restrooms. Tenants at University Commons include Conway Medical Center, Tropical Smoothie Cafe, Select Physical Therapy, Rotelli's Pizza & Pasta, Tu Taco, Jimmy'z Hibachi, Insomnia Cookies, Tongy's, Hair Salon, Nail Salon, etc. Average Daily Traffic on Hwy 501 is 51,600 (2023 SCDOT).
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air and Heating
- Corner Space
- End cap restaurant
- Outdoor patio
- At entrance to Coastal Carolina University
- Adjacent to new Fairfield Inn & Suites
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 201 GRADUATE RD, CONWAY, SC 29526
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Amanda's Collection Bridal & Formalwear
- -
- 1
- -
- C3 Coffee Co.
- Coffee
- 1
- Local
- Insomnia Cookies
- Cookies
- 306
- National
- Rotelli Pizza & Pasta
- Pizza
- 26
- National
- Tbe Rock Church
- -
- 1
- -
- Tongy Shmack House
- Restaurant
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Amanda's Collection Bridal & Formalwear | - | 1 | - |
| C3 Coffee Co. | Coffee | 1 | Local |
| Insomnia Cookies | Cookies | 306 | National |
| Rotelli Pizza & Pasta | Pizza | 26 | National |
| Tbe Rock Church | - | 1 | - |
| Tongy Shmack House | Restaurant | 1 | Local |
PROPERTY FACTS
| Total Space Available | 2,528 SF | Total Land Area | 7.69 AC |
| Property Type | Retail | Year Built | 2006 |
| Property Subtype | Storefront | Parking Ratio | 5.71/1,000 SF |
| Gross Leasable Area | 36,644 SF |
| Total Space Available | 2,528 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 36,644 SF |
| Total Land Area | 7.69 AC |
| Year Built | 2006 |
| Parking Ratio | 5.71/1,000 SF |
FEATURES AND AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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201 Graduate Rd
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