|
|
Six Forks At Newton Rd. 240 Newton Rd 1,525 - 3,545 SF of Retail Space Available in Raleigh, NC 27615
HIGHLIGHTS
- Located on bus line.
- Lit 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 103 | 2,020 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $258.33 /m²/YR $21.53 /m²/MO $4,040 /MO $48,480 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 109 | 1,525 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $258.33 /m²/YR $21.53 /m²/MO $3,050 /MO $36,600 /YR | Triple Net (NNN) |
1st Floor, Ste 103
Discover a prime retail opportunity at 240 Newton Road, in North Raleigh. This versatile suite offers excellent visibility and accessibility in a high traffic area.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
1st Floor, Ste 109
Discover a prime retail opportunity at 240 Newton Road, in North Raleigh. This versatile suite offers excellent visibility and accessibility in a hightraffic area. Located just off Six Forks Road, the property provides easy access to I-540, I-440, and North Hills, making it an ideal location for businesses seeking convenience and exposure. Surrounded by established neighborhoods and a diverse mix of retail, dining, and service businesses, this space is positioned for success. Don’t miss the chance to lease this well-located, easily accessible retail suite in the heart of North Raleigh!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Bus Line
- Lit Signage
- Awnings
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 | 3,545 SF | Total Land Area | 7.78 AC |
| Property Type | Retail | Year Built | 1990 |
| Property Subtype | Freestanding | Parking Ratio | 4.58/1,000 SF |
| Gross Leasable Area | 26,135 SF |
| Total Space Available | 3,545 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 26,135 SF |
| Total Land Area | 7.78 AC |
| Year Built | 1990 |
| Parking Ratio | 4.58/1,000 SF |
ABOUT THE PROPERTY
Situated near a signalized intersection and on a bus line. Enjoy high visibility with lit signage and ample parking, featuring 156 free surface spaces. Ideal for retailers seeking a strategic, high-traffic location.
- Bus Line
- Pylon Sign
- Signage
- Monument Signage
- Air Conditioning
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Newton Rd | Six Forks Rd, W | 9,765 | 2022 | 0.13 mi |
| Six Forks Rd | Newton Rd, N | 30,885 | 2022 | 0.14 mi |
| Six Forks Rd | Newton Rd, S | 32,773 | 2022 | 0.17 mi |
| Six Forks Rd | Royal Anne Ln, SE | 32,649 | 2022 | 0.24 mi |
| Wind Chime Ct | - | 2,144 | 2022 | 0.26 mi |
| Royal Anne Ln | Six Forks Rd, NE | 315 | 2022 | 0.29 mi |
| Six Forks Rd | Royal Anne Ln, NW | 32,069 | 2022 | 0.30 mi |
| Six Forks Rd | Mourning Dove Rd, N | 33,126 | 2022 | 0.31 mi |
| Mourning Dove Rd | Six Forks Rd, W | 3,877 | 2022 | 0.33 mi |
| Sawmill Road | Northway Ct, W | 10,446 | 2022 | 0.37 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
Building Photo
Building Photo
Aerial