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Cedar Springs Market 203 Cedar Springs Rd 1,750 SF of Office/Retail Space Available in Spartanburg, SC 29302
HIGHLIGHTS
- Located in a growing suburb of Greenville, just 30 minutes way from the city
- Maintains on of the strongest local economies in the southeast driven by automotive and healthcare institutions
- Area is home to more than 1.4 million residents
- Corner lot fronted by Cedar Springs Road (12,400 VPD) and Southport Road (5,700 VPD)
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4 | 1,750 SF | 3-10 Years | $22.00 /SF/YR $1.83 /SF/MO $38,500 /YR $3,208 /MO | Triple Net (NNN) |
205 Cedar Springs Rd - 1st Floor - Ste 4
Leasing this in-line retail suite is an opportunity to join national tenants, such as Walmart and Little Caeser's in the #1 out of 10 ranked shopping center in a 5-mile radius
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 5 - 14 People
- Private Restrooms
- Located in-line with other retail
- Center has over 1.5 million annual visitors
- Limited vacancy in surrounding market
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 1,750 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 55,632 SF |
| Parking | 300 Spaces | Total Land Area | 13.86 AC |
| Stores | 9 | Year Built | 2015 |
| Center Properties | 2 |
| Total Space Available | 1,750 SF |
| Center Type | Neighborhood Center |
| Parking | 300 Spaces |
| Stores | 9 |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 55,632 SF |
| Total Land Area | 13.86 AC |
| Year Built | 2015 |
ABOUT THE PROPERTY
The subject property is a 55,632 square foot retail strip center anchored by a Walmart Neighborhood Market in the Greenville MSA with all service and restaurant tenants. The center is the number 1 visited grocery store in a 5-mile radius.
- Pylon Sign
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
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Cedar Springs Market | 203 Cedar Springs Rd
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