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Ezra Center 3640 Bastion Ln 10,825 - 21,650 SF of Retail Space Available in Raleigh, NC 27604
Highlights
- Located off I-440 and US-64/New Bern Avenue with 103,000 AADT
- IND-1 zoning allows for flexible commercial uses
- Surrounded by strong demographics and major institutions
- Includes six former theater spaces and second-floor offices
- 2.61-acre site with 121 dedicated parking spaces
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,825 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $194,850 /YR $16,238 /MO | Triple Net (NNN) | ||
| 2nd Floor | 10,825 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $194,850 /YR $16,238 /MO | Triple Net (NNN) |
1st Floor
3640 Bastion Lane presents a unique leasing opportunity for tenants seeking a dynamic space with character and functionality. The building’s layout includes six former theater halls, ideal for performance, worship, or assembly uses, alongside a second-floor office suite that can accommodate administrative or creative teams. With IND-1 zoning, the site supports a broad range of commercial activities.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 21,650 SF of adjacent space
- 121 parking spaces on site
2nd Floor
3640 Bastion Lane presents a unique leasing opportunity for tenants seeking a dynamic space with character and functionality. The building’s layout includes six former theater halls, ideal for performance, worship, or assembly uses, alongside a second-floor office suite that can accommodate administrative or creative teams. With IND-1 zoning, the site supports a broad range of commercial activities.
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 21,650 SF of adjacent space
- 121 parking spaces on site
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 Ezra Center
- Tenant
- Description
- US Locations
- Reach
- Ezra Conference Center
- Church/Comm Hall
- 1
- -
| Tenant | Description | US Locations | Reach |
| Ezra Conference Center | Church/Comm Hall | 1 | - |
Property Facts
| Total Space Available | 21,650 SF | Gross Leasable Area | 21,650 SF |
| Property Type | Retail | Year Built | 1986 |
| Property Subtype | Freestanding | Parking Ratio | 5.59/1,000 SF |
| Total Space Available | 21,650 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 21,650 SF |
| Year Built | 1986 |
| Parking Ratio | 5.59/1,000 SF |
About the Property
Positioned just off I-440 and US-64/New Bern Avenue, 3640 Bastion Lane offers a rare opportunity to acquire a versatile commercial property in Raleigh’s thriving East Beltline corridor. Originally built as the Carmike Theater corporate office, the building has since been transformed into a Christian event center, featuring six former theater spaces and a second-floor office suite. The 21,650 SF building sits on 2.61 acres and is zoned IND-1, allowing for a wide range of commercial uses.
- 24 Hour Access
- Atrium
- Bus Line
- Conferencing Facility
- Freeway Visibility
- Signage
- Air Conditioning
- Balcony
Nearby Major Retailers
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Ezra Center | 3640 Bastion Ln
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