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Greenwood Commons Shopping Center 5410 NC Hwy 55 1,550 - 3,350 SF of Retail Space Available in Durham, NC 27713



HIGHLIGHTS
- New corner gas station c-store adds additional customer draw
- 261 spaces provides ample parking (5:1,000)
- Recent renovations include fresh paint, new parking lot, and updated signage
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste AD | 1,800 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste N | 1,550 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
5410 NC Hwy 55 - 1st Floor - Ste AD
Former dental office available for lease. ±1,800 SF of flexible space well-suited for another medical user or a custom buildout. With plumbing in nearly every room, three restrooms, and a functional layout, it’s an ideal fit for medical, wellness, or service-based businesses.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Located in-line with other retail
- Storefront signage available directly over suite
- Long track-record of success (dentist retired)
- TIA may be available for qualifying tenants
5410 NC Hwy 55 - 1st Floor - Ste N
This ±1,550 SF in-line suite is currently vacant and available for lease. Tenant Improvement Allowances (TIA) may be available for qualifying tenants. Storefront signage opportunity available directly above the suite.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 3,350 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 61,631 SF |
| Parking | 259 Spaces | Total Land Area | 8.79 AC |
| Stores | 26 | Year Built | 1988 |
| Center Properties | 2 |
| Total Space Available | 3,350 SF |
| Center Type | Neighborhood Center |
| Parking | 259 Spaces |
| Stores | 26 |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 61,631 SF |
| Total Land Area | 8.79 AC |
| Year Built | 1988 |
ABOUT THE PROPERTY
Managed by SVN | REA, Greenwood Commons is ideally positioned minutes from I-40 and adjacent to RTP, this ±61,631 SF center benefits from high visibility and steady traffic (±28,000 daily traffic count) at a signalized intersection. With a diverse lineup of established restaurants and retailers including a brewery, fitness studio, coffee shop, and more, Greenwood Commons draws steady foot traffic from surrounding neighborhoods and RTP commuters. Recent renovations make this an attractive, move-in-ready opportunity for retailers seeking a vibrant and growing community. Please contact Johnny Wehmann for more information.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Greenwood Commons Shopping Center | 5410 NC Hwy 55
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