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Sutter's Creek 538 Sutters Creek Blvd
10,000 - 24,355 SF of Retail Space Available in Rocky Mount, NC 27804
Highlights
- High Traffic Area
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 572 | 14,355 SF | Negotiable | $14.06 CAD/SF/YR $1.17 CAD/SF/MO $151.38 CAD/m²/YR $12.62 CAD/m²/MO $16,824 CAD/MO $201,889 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 586 | 10,000 SF | Negotiable | $14.06 CAD/SF/YR $1.17 CAD/SF/MO $151.38 CAD/m²/YR $12.62 CAD/m²/MO $11,720 CAD/MO $140,640 CAD/YR | Triple Net (NNN) |
506-586 Sutters Creek Blvd - 1st Floor - Ste 572
Current Joann Fabric and crafts.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
506-586 Sutters Creek Blvd - 1st Floor - Ste 586
10,000 Square feet available from Unit # 12 - Corner as shown on the site plan.
- Lease rate does not include utilities, property expenses or building services
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
PROPERTY FACTS FOR 538 Sutters Creek Blvd , Rocky Mount, NC 27804
About the Property
Sutter's Creek Plaza is a neighborhood retail center located in Rocky Mount, North Carolina. It is fully leased to thirteen tenants, nine of which have new or renewed leases. The tenant roster is diverse and includes four publicly-traded and one Forbes' Top 100 Private companies. The retailers operating in the plaza generate more than $163billion in annual sales from over 61,475 locations worldwide. The Property presents a passive investment opportunity with attractive returns, and 56% of GLA and 67% of annual rent comprised of national credit tenant leases. Sutter's Creek Plaza is in Rocky Mount's primary retail corridor, where more than $1.8billion in annual sales are generated. It is adjacent to the Golden East Crossing Mall which is largest shopping center in Rocky Mount, with more than 60 stores and restaurants and 1.5MM visitors annually. Rocky Mount is located at the cross roads of three of the East Coast's most traveled arterials with a combined 121,000VPD (U.S.64, U.S.301,andI-95) and is within six miles of three colleges, a major hospital, and the region's largest employer. With its prominent, dense, and in-demand local trade area, Sutter's Creek Plaza is a rare investment opportunity that offers qualities and features not often found in today's market.
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
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Fred Asher -
Fred Asher Group
Presented by
Sutter's Creek | 538 Sutters Creek Blvd
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