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Newton Plaza 3101-3173 Highway 278 NE
15,491 SF of Retail Space Available in Covington, GA 30014
Highlights
- Anchored by Kroger
- Signalized entrance with five points of ingress/egress
- Diverse mix of regional and national tenants
- 32,400 VPD on US-278
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 18 | 15,491 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
3101-3173 Highway 278 NE - 1st Floor - Ste 18
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
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.
SITE PLAN
SELECT TENANTS AT Newton Plaza
- Badcock Home Furniture
- Bealls Outlet
- Big Lots
- Goodwill
- Kroger
- Planet Fitness
PROPERTY FACTS FOR 3101-3173 Highway 278 NE , Covington, GA 30014
| Center Type | Community Center | Frontage | 1,423’ on US Hwy 278 |
| Parking | 1,160 Spaces | Gross Leasable Area | 304,200 SF |
| Stores | 38 | Total Land Area | 22.86 AC |
| Center Properties | 8 | Year Built | 1973 |
| Center Type | Community Center |
| Parking | 1,160 Spaces |
| Stores | 38 |
| Center Properties | 8 |
| Frontage | 1,423’ on US Hwy 278 |
| Gross Leasable Area | 304,200 SF |
| Total Land Area | 22.86 AC |
| Year Built | 1973 |
About the Property
Newton Plaza is a well-established, regional shopping center anchored by Kroger with national tenants Big Lots, Bealls Outlet and new Planet Fitness. Newton Plaza is located on US-278, in the heart of Covington's retail corridor. The shopping center is less than 1 mile from the I-20 interchange and Piedmont Newton Hospital.
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Presented by
Newton Plaza | 3101-3173 Highway 278 NE
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