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Greenwood Commons Shopping Center 5410 NC Hwy 55
1,800 - 7,232 SF of Retail Space Available in Durham, NC 27713
Highlights
- Located at the signalized intersection of Hwy 55 (18,300 VPD) and Sedwick Road (10,300 VPD)
- Gas station currently under construction and expected to be completed in 2025
- Exterior renovations already completed, with future additional improvements also planned
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste AC | 1,816-3,616 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste AD | 1,800-3,616 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
5410 NC Hwy 55 - 1st Floor - Ste AC
This ±1,816 SF in-line space is move-in ready. The space features an open layout beyond the front lobby, with a large single office/room in the back along with a single bathroom. There is an option to combine Suite AC and AD to have a ±3,616 SF space. Please contact Johnny Wehmann for more information.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
5410 NC Hwy 55 - 1st Floor - Ste AD
Whether you're seeking a turn-key space for your dental practice, or want to transform this space to fit your business, this ±1,800 SF suite is ideal for both. Available July 1, 2024, all of the dental chairs, equipment, and other related items will be removed when the tenant vacates. There is an option to combine Suite AC and AD to have a ±3,616 SF space. Please contact Johnny Wehmann for more information.
- Lease rate does not include utilities, property expenses or building services
- Spacious reception and waiting area
- Nearly every room is plumbed
- Long track-record of success (dentist is retiring)
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 5410 NC Hwy 55 , Durham, NC 27713
| Min. Divisible | 1,800 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 67,794 SF |
| Parking | 467 Spaces | Total Land Area | 10.34 AC |
| Stores | 26 | Year Built | 1988 |
| Center Properties | 3 |
| Min. Divisible | 1,800 SF |
| Center Type | Neighborhood Center |
| Parking | 467 Spaces |
| Stores | 26 |
| Center Properties | 3 |
| Frontage | |
| Gross Leasable Area | 67,794 SF |
| Total Land Area | 10.34 AC |
| Year Built | 1988 |
About the Property
SVN | Real Estate Associates is pleased to present for lease Suite AC and AD at Greenwood Commons in Durham. Owned and managed by SVN | REA, this ±71,839 SF shopping center is located just minutes from I-40 and is adjacent to Research Triangle Park (RTP), which is the largest research park in North America. The center features a distinct restaurant mix of Indian, Greek, Thai, Latin, American, and homestyle foods. Our other tenants include, but are not limited to, The Glass Jug, Burn Boot Camp, SpeeDee Oil Change & Auto Service, the DMV, and more. There is an option to combine Suite AC and AD to have a ±3,616 SF space. Please contact Johnny Wehmann for more information.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
-
Johnny Wehmann -
SVN | Real Estate Associates
Presented by
Greenwood Commons Shopping Center | 5410 NC Hwy 55
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