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±1,815 SF RETAIL OPPORTUNITY ON US HIGHWAY 70 580 Cornelius St 1,750 SF of Retail Space Available in Hillsborough, NC 27278
Highlights
- Prime visibility along US Highway 70 at a signalized intersection, capturing strong traffic exposure
- Flexible General Commercial (GC) zoning allows retail, service, or restaurant operations
- Highly connected location near NC-86 (±0.5 miles) and I-85 (±2.5 miles), just minutes from Mebane, Durham, and Burlington
- ±1,815 SF freestanding retail building ideal for a variety of commercial uses
- Dual access with front entry from US 70 and rear access via Revere Road for convenience and flow
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,750 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $31,500 /YR $2,625 /MO | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
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 | 1,750 SF | Gross Leasable Area | 1,815 SF |
| Property Type | Retail | Year Built | 1975 |
| Property Subtype | Freestanding | Parking Ratio | 0.55/1,000 SF |
| Total Space Available | 1,750 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 1,815 SF |
| Year Built | 1975 |
| Parking Ratio | 0.55/1,000 SF |
About the Property
580 Cornelius St features a ±1,815 square-foot freestanding retail building situated on approximately 0.16 acres. Built in 1975, the single-story structure offers a functional layout suitable for a variety of commercial uses. The property is zoned General Commercial (GC), allowing for a wide range of retail and service-oriented uses, making it an ideal opportunity for investors or owner-operators. The building includes front access from US Highway 70 and rear access from Revere Road, improving accessibility and circulation for customers and deliveries. Additional features include an open floor plan, on-site parking, and potential for a drive-thru configuration, offering flexibility for restaurants, retail, or other service-based businesses. Its freestanding design and prominent road frontage provide strong visibility and signage opportunities along this busy commercial corridor.
- Drive Thru
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±1,815 SF RETAIL OPPORTUNITY ON US HIGHWAY 70 | 580 Cornelius St
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