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The Merge 2500 Meridian Pky
1,000 - 4,242 SF of Retail Space Available in Durham, NC 27713
Highlights
- Located at entrance of Meridian Corporate Park in South Durham
- Prominently sits at entrance to Meridian Corporate Center.
- Adjacent to high traffic neighboring tenant, Tobacco Wood Brewing Company.
- Ample outdoor patio area for customers to dine and relax.
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 133 | 1,703 SF | 5-10 Years | $36.85 CAD/SF/YR $3.07 CAD/SF/MO $396.70 CAD/m²/YR $33.06 CAD/m²/MO $5,230 CAD/MO $62,763 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 134 | 1,000 SF | 5-10 Years | $36.85 CAD/SF/YR $3.07 CAD/SF/MO $396.70 CAD/m²/YR $33.06 CAD/m²/MO $3,071 CAD/MO $36,854 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 135 | 1,539 SF | 5-10 Years | $36.85 CAD/SF/YR $3.07 CAD/SF/MO $396.70 CAD/m²/YR $33.06 CAD/m²/MO $4,727 CAD/MO $56,719 CAD/YR | Triple Net (NNN) |
1st Floor, Ste 133
Second-generation restaurant located at entrance of Meridian Corporate Park in South Durham. Provides turnkey opportunity for established brand or first-time operator. All fixtures, furniture and equipment are negotiable and can convey. Entire 4,242 square feet may be combined for single restaurant, or subdivided.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 4,242 SF of adjacent space
- High Ceilings
1st Floor, Ste 134
Second-generation restaurant located at entrance of Meridian Corporate Park in South Durham. Provides turnkey opportunity for established brand or first-time operator. All fixtures, furniture and equipment are negotiable and can convey. Entire 4,242 square feet may be combined for single restaurant, or subdivided.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 4,242 SF of adjacent space
- High Ceilings
1st Floor, Ste 135
Second-generation restaurant located at entrance of Meridian Corporate Park in South Durham. Provides turnkey opportunity for established brand or first-time operator. All fixtures, furniture and equipment are negotiable and can convey. Entire 4,242 square feet may be combined for single restaurant, or subdivided.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 4,242 SF of adjacent space
- High Ceilings
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 2500 Meridian Pky , Durham, NC 27713
| Property Type | Retail | Year Built | 1990 |
| Gross Leasable Area | 27,669 SF | Parking Ratio | 4.72/1,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 27,669 SF |
| Year Built | 1990 |
| Parking Ratio | 4.72/1,000 SF |
About the Property
Located at entrance of Meridian Corporate Park, with 1.1MM square feet of office buildings and 3,500+ employees. Park includes 200-key hotel and is adjacent to 4 apartment and townhome complexes with 1,000+ units. Searching for food & beverage concepts.
- 24 Hour Access
- Bus Line
- Conferencing Facility
- Property Manager on Site
- Restaurant
- Signage
-
Brad Wiese -
Bruce Alexander -
Maverick Partners Realty Services, Inc
Presented by
The Merge | 2500 Meridian Pky
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