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Former Walmart Neighborhood Market 3421 Murchison Rd 41,921 SF of Retail Space Available in Fayetteville, NC 28311
Sublease Highlights
- Sublease opportunity
- Over 41,000 SF in a newly renovated center
- Access and signage on two major roads
- Former Walmart Neighborhood Market
- Constructed in 2015
- Minutes from I-295 and Fort Liberty
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 41,921 SF | Negotiable | $9.00 /SF/YR $0.75 /SF/MO $377,289 /YR $31,441 /MO | Triple Net (NNN) |
1st Floor
Now available for sublease is this former Walmart Neighborhood Market space along Murchison Rd close to Fort Bragg and many neighborhoods. The space is part of a larger shopping center that was completely renovated in 2015. The center has access and signage along both Murchison Rd and Pamalee Dr. The Murchison Marketplace Shopping Center is located at the intersection of Murchison Rd (Hwy 210) and Pamalee Dr (Hwy 401 Business). The center is two miles from the I-295 interchange to the north and the gates of Fort Bragg, one of the largest military installations in the world, is about five miles to the north. Traffic counts on Pamalee Dr are at 21,000 daily and 17,000 daily on Murchison Rd. Within a three mile radius of the site the population is 50,472 with an average household income of $61,651 and a daytime population of 52,500.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
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 | 41,921 SF | Total Land Area | 4.04 AC |
| Property Type | Retail | Year Built | 2015 |
| Property Subtype | Supermarket | Parking Ratio | 4.08/1,000 SF |
| Gross Leasable Area | 41,921 SF |
| Total Space Available | 41,921 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 41,921 SF |
| Total Land Area | 4.04 AC |
| Year Built | 2015 |
| Parking Ratio | 4.08/1,000 SF |
About the Property
Now available for sublease is this former Walmart Neighborhood Market space along Murchison Rd close to Fort Liberty and many neighborhoods. The space is part of a larger shopping center that was completely renovated in 2015. The center has access and signage along both Murchison Rd and Pamalee Dr. The Murchison Marketplace Shopping Center is located at the intersection of Murchison Rd (Hwy 210) and Pamalee Dr (Hwy 401 Business). The center is two miles from the I-295 interchange to the north and the gates of Fort Liberty, one of the largest military installations in the world, is about five miles to the north. Traffic counts on Pamalee Dr are at 21,000 daily and 17,000 daily on Murchison Rd. Within a three mile radius of the site the population is 50,472 with an average household income of $61,651 and a daytime population of 52,500.
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Former Walmart Neighborhood Market | 3421 Murchison Rd
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