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Ste 103 5129 NC Highway 55 2,400 SF of Flex Space Available in Durham, NC 27713
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground - 103 | 2,400 SF | 3-5 Years | $28.00 /SF/YR $2.33 /SF/MO $67,200 /YR $5,600 /MO | Triple Net (NNN) |
Ground - 103
Laboratory space readily available to use for biology research, medical and clinical lab. Not restricted to only laboratory, it can be used for medical and dental office or any other service business includes, financial, boutiques, food and restaurants, retail and any commercial services etc.
- Lease rate does not include utilities, property expenses or building services
- Includes 2,400 SF of dedicated office space
- Space is in Excellent Condition
- Central Air and Heating
- Reception Area
- Laboratory
- Security System
- Emergency Lighting
- Plug & Play
- Smoke Detector
- Wheelchair Accessible
- Heavy traffic on HWY 55, signage, easy access
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 Ste 103
- Tenant
- Description
- US Locations
- Reach
- Edible Arrangements
- Card/Gifts
- 953
- International
- Infiniti Real Estate Llc
- Real Estate
- 1
- -
| Tenant | Description | US Locations | Reach |
| Edible Arrangements | Card/Gifts | 953 | International |
| Infiniti Real Estate Llc | Real Estate | 1 | - |
Property Facts
| Total Space Available | 2,400 SF | Gross Leasable Area | 9,613 SF |
| Property Type | Retail | Year Built | 2020 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.12/1,000 SF |
| Total Space Available | 2,400 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 9,613 SF |
| Year Built | 2020 |
| Parking Ratio | 3.12/1,000 SF |
Nearby Major Retailers
Presented by
Vavilala Estates, LLC
Ste 103 | 5129 NC Highway 55
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