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Shallotte Commons 5051 Main St 24,964 SF of Retail Space Available in Shallotte, NC 28470
Highlights
- Ideal location for Office, Retail, Service, or any other business seeking a high traffic location with ample parking and easy access.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3 | 24,964 SF | Negotiable | $8.00 /SF/YR $0.67 /SF/MO $199,712 /YR $16,643 /MO | Triple Net (NNN) |
5051 Main St - 1st Floor - Ste 3
24,694 available after subdivision of space to accommodate 21,389 sf Planet Fitness buildout of 1A.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space In Need of Renovation
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 | 24,964 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 85,757 SF |
| Parking | 400 Spaces | Total Land Area | 7.79 AC |
| Stores | 7 | Year Built | 1984 |
| Center Properties | 1 |
| Total Space Available | 24,964 SF |
| Center Type | Neighborhood Center |
| Parking | 400 Spaces |
| Stores | 7 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 85,757 SF |
| Total Land Area | 7.79 AC |
| Year Built | 1984 |
About the Property
Shallotte Commons is an 87,757 SF shopping center on 7.76 acres that is the ideal location for Office, Retail, Service, or any other business seeking a high traffic location with ample parking and easy access. Only two units remain For Lease: 8,450 sf in Unit 4 and 24,964 sf as co-anchor adjacent Planet Fitness. Join nearby retailers including Walmart, Home Depot, Lowes, Belk, Big Lots and more in one of the fastest growing vacation and retirement regions in the US. Shallotte Commons is under New Ownership and Management with many improvements underway to enhance its value to its tenants which include San Jose Mexican Restaurant, Domino's Pizza, OneMain Financial and TruFit Gym. New tenants to the center include Planet Fitness, ReBuild NC, Brunswick County Association of Realtors, Duffers Bar & Grill and Mason-Dixon. Shallotte Commons Shopping Center is strategically located in the center of the commercial hub of Southeastern North Carolina. Fifteen minutes from the South Brunswick Islands of Holden Beach, Ocean Isle Beach and Sunset Beach, Shallotte is thirty minutes from Wilmington, NC and Myrtle Beach, SC. Shallotte Commons Shopping Center has great exposure and access from Main Street (Hwy 17 Business with 13,500 VPD) and Village Road (Hwy 179 with 5,500 VPD) and is 0.2 miles from a signalized intersection with 19,000 VPD. New commercial development in Shallotte includes several franchise restaurants and Coastal Walk Marketplace which will feature Ulta, Ross, Marshalls, PetSmart, Hobby Lobby and Rack Room. The Shallotte Riverfront Redevelopment Project is currently in the permitting process and will attract locals and tourists alike traveling the Main Street corridor. Shallotte is the commercial hub for the South Brunswick Islands communities of Holden Beach, Ocean Isle Beach, Sunset Beach and Calabash. The large retail stores and diversity of shops and restaurants draw from Bolivia, Supply and Whiteville. New projects underway include the Coastal Walk Marketplace anticipating Ulta, Hobby Lobby, Chick-fil-A and Starbucks and the Shallotte Riverfront Project with riverwalk and new riverfront restaurant and retail locations.
- Dedicated Turn Lane
- Pylon Sign
Nearby Major Retailers
Contact the Leasing Agent
Shallotte Commons | 5051 Main St