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Wallburg Towne Center 5353-5457 Gumtree Rd 1,590 - 54,733 SF of Space Available in Winston-Salem, NC 27107
HIGHLIGHTS
- Anchored by strong performing Food Lion
- 1.1 acre outparcel available for lease/build to suit
- National tenant mix includes CVS, Subway, Wendy's, and Advance Auto
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 103 | 1,590 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste OP | 53,143 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
10479 N NC 109 Hwy - 1st Floor - Ste 103
10479 N NC 109 Hwy - 1st Floor - Ste OP
Build to Suit
- Space is an outparcel at this property
- Richmond
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 WALLBURG TOWNE CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- CVS
- Retailer
- -
- -
- Food Lion
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| CVS | Retailer | - | - |
| Food Lion | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 54,733 SF | Frontage | 805’ on NC 109 |
| Center Type | Neighborhood Center | Gross Leasable Area | 78,581 SF |
| Parking | 300 Spaces | Total Land Area | 13.44 AC |
| Center Properties | 5 | Year Built | 1996 |
| Total Space Available | 54,733 SF |
| Center Type | Neighborhood Center |
| Parking | 300 Spaces |
| Center Properties | 5 |
| Frontage | 805’ on NC 109 |
| Gross Leasable Area | 78,581 SF |
| Total Land Area | 13.44 AC |
| Year Built | 1996 |
ABOUT THE PROPERTY
NewLink Management Group proudly introduces Wallburg Towne Center, an outstanding retail opportunity that promises notable visibility and high traffic. Anchored by the strongly performing Food Lion and CVS, this retail space presents the opportunity to join a host of day-to-day traffic generators such as Subway, fostering a premier retail atmosphere at competitive lease rates. Situated at the "main and main" location, this property enjoys the strategic advantage of being at a signalized intersection of NC Highway 109 and Gumtree Road, two of Wallburg's most frequented thoroughfares. It boasts traffic counts of 9,800 VPD and 9,300 VPD respectively, a testament to its prominence in the community. This positioning guarantees excellent exposure and visibility, increasing footfall and potentially enhancing the commercial success of any business operating from this location. Furthermore, there is an expansive 1.22-acre outparcel available for ground lease or build-to-suit opportunities. This presents a unique proposition for businesses seeking to tailor their space according to specific requirements, further solidifying Wallburg Towne Center's commitment to providing flexible and adaptable commercial solutions. Located in the rapidly growing town of Wallburg, this retail center benefits from a local economy on the rise, and a population keen to patronize high-quality, conveniently located establishments. The combination of its prominent position, high traffic counts, and anchored tenants make Wallburg Towne Center an attractive choice for businesses keen to establish or expand their presence. Wallburg Towne Center offers a vibrant retail environment in a prime location, surrounded by daily traffic generators and thriving local businesses. Whether a startup looking for its first brick-and-mortar presence or an established brand seeking expansion, this retail space, coupled with the opportunity of a custom outparcel, may just hold the keys to the next chapter of your commercial success.
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Presented by
Wallburg Towne Center | 5353-5457 Gumtree Rd
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