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King Shopping Center 607 S Main St 6,450 SF of Retail Space Available in King, NC 27021
HIGHLIGHTS
- Restaurant Space
- Additional Space to Expand
- Dining Room
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste H1 | 6,450 SF | 5-10 Years | $20.00 /SF/YR $1.67 /SF/MO $129,000 /YR $10,750 /MO | Triple Net (NNN) |
607 S Main St - 1st Floor - Ste H1
The spaces have been a restaurant for several years, and the hood system is in place. There are coolers and freezers already in the kitchen. The space is ready for a new restaurant to set up the equipment and get started. Plenty of parking. Other tenants like Dollar Store, Verizon, Fitness 200 and others already drive traffic to this location. The shopping center is within a half mile of I-74/Hwy 52.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Central Air and Heating
- Freezer Space
- Corner Space
- Currently set up as a restaurant.
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 KING SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Beltone
- Other Retail
- 980
- National
- Boost Mobile
- Wireless Communications
- 4,491
- International
- Dollar Tree
- Dollar/Variety/Thrift
- 10,426
- International
- Fine Line Incorporated
- -
- 1
- -
- Urgent Care
- Health Care
- 3,859
- Local
- Victra
- Wireless Communications
- 1,704
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Beltone | Other Retail | 980 | National |
| Boost Mobile | Wireless Communications | 4,491 | International |
| Dollar Tree | Dollar/Variety/Thrift | 10,426 | International |
| Fine Line Incorporated | - | 1 | - |
| Urgent Care | Health Care | 3,859 | Local |
| Victra | Wireless Communications | 1,704 | National |
PROPERTY FACTS
| Total Space Available | 6,450 SF | Frontage | 800’ on Main |
| Center Type | Neighborhood Center | Gross Leasable Area | 84,260 SF |
| Parking | 278 Spaces | Total Land Area | 1.00 AC |
| Stores | 1 | Year Built | 1991 |
| Center Properties | 1 |
| Total Space Available | 6,450 SF |
| Center Type | Neighborhood Center |
| Parking | 278 Spaces |
| Stores | 1 |
| Center Properties | 1 |
| Frontage | 800’ on Main |
| Gross Leasable Area | 84,260 SF |
| Total Land Area | 1.00 AC |
| Year Built | 1991 |
ABOUT THE PROPERTY
This restaurant location sits in the middle of King, NC, and is less than a half mile from the new I-74 Corridor/Hwy 52 King Exit. King, NC, has seen an increase in its population over the last 5 years. New home builders have around 2000 more new homes to build in the area, and the population will be topping 10,000 residents in the next couple of years. This is a prime location for a sit-down restaurant. Currently, there are limited restaurants in the area. There is a 10-15 mile radius of people who come to King, NC for the Super Walmart Location and to find a place to dine. This space would also be great for a department store, shoe store, or other retail space needed in this growing area.
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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King Shopping Center | 607 S Main St
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