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The District Exchange 22 Union St N
1,100 - 3,600 SF of Retail Space Available in Concord, NC 28025
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Anchor Restaurant | 2,500 SF | 5-10 Years | $41.40 CAD/SF/YR $3.45 CAD/SF/MO $103,491 CAD/YR $8,624 CAD/MO | Modified Gross | ||
| 2nd Floor | 1,100 SF | 5-10 Years | $41.40 CAD/SF/YR $3.45 CAD/SF/MO $45,536 CAD/YR $3,795 CAD/MO | Modified Gross |
1st Floor, Ste Anchor Restaurant
This anchor food/beverage space will be the heart and soul of The District Exchange. Featuring both indoor and outdoor seating, it is ideal for a grab-and-go or grab-and-stay bodega-style concept or a food and beverage operator who understands how to program its menu for morning, afternoon, and evening. From coffee and a bagel to lunchtime sandwiches to dinner and drinks. The current layout includes a separate kitchen area, open seating areas, and a private meeting/dining space. This space will also have the option to activate its interior and exterior walls for murals, artwork, and signage. The interior space is approximately 2,500 +/- sq. ft., while the exterior adds another 750 +/- sq. ft.
- Listed rate may not include certain utilities, building services and property expenses
2nd Floor
This anchor food/beverage space will be the heart and soul of The District Exchange. Featuring both indoor and outdoor seating, it is ideal for a grab-and-go or grab-and-stay bodega-style concept or a food and beverage operator who understands how to program its menu for morning, afternoon, and evening. From coffee and a bagel to lunchtime sandwiches to dinner and drinks. The current layout includes a separate kitchen area, open seating areas, and a private meeting/dining space. This space will also have the option to activate its interior and exterior walls for murals, artwork, and signage. The interior space is approximately 2,500 +/- sq. ft., while the exterior adds another 750 +/- sq. ft.
- 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 FOR 22 UNION ST N , CONCORD, NC 28025
| Total Space Available | 3,600 SF | Gross Leasable Area | 20,099 SF |
| Property Type | Retail | Year Built | 1934 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 3,600 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 20,099 SF |
| Year Built | 1934 |
ABOUT THE PROPERTY
Paying homage to the building’s origins as a movie theater, the stunning barrel ceiling serves as a captivating focal point. Upper-floor windows flood the space with natural light, creating an inviting and airy atmosphere. High-end finishes—including vintage tile floors, repurposed industrial light fixtures, and mid-century-inspired furnishings—add character and timeless charm, blending history with modern sophistication • Lower Level: Home to 11 distinctive retail bays, each offering its own unique character—ready for you to make your mark. Plus, our anchor restaurant space features both indoor and outdoor seating, creating the perfect catalyst for creating a vibrant community. • Upper Level: Featuring six spacious retail bays enhanced by the dramatic barrel ceiling that creates an open, expansive feel. This level also includes an inviting food and beverage space, designed to draw visitors upward and encourage exploration.
- Bus Line
NEARBY MAJOR RETAILERS
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The District Exchange | 22 Union St N
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