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Spring Lane Galleria 804-862 Spring Ln
1,875 - 7,659 SF of Retail Space Available in Sanford, NC 27330
Highlights
- Grocery Store anchored center
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 800 | 5,784 SF | Negotiable | $16.88 CAD/SF/YR $1.41 CAD/SF/MO $181.66 CAD/m²/YR $15.14 CAD/m²/MO $8,135 CAD/MO $97,615 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 824 | 1,875 SF | Negotiable | $28.13 CAD/SF/YR $2.34 CAD/SF/MO $302.77 CAD/m²/YR $25.23 CAD/m²/MO $4,395 CAD/MO $52,740 CAD/YR | Triple Net (NNN) |
804-880 Spring Ln - 1st Floor - Ste 800
In-Line lease available for $12/SF 5,784SF available. Other tenets include Pet Smart, Dollar Tree, First National Bank, Walgreens, Starbucks, OfficeMax, and Lowes Food.
- Lease rate does not include utilities, property expenses or building services
804-880 Spring Ln - 1st Floor - Ste 824
Soft retail, Cannot be a restaurant.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Starbucks Outparcel Building
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.
SELECT TENANTS AT Spring Lane Galleria
- Tenant
- Description
- US Locations
- Reach
- Camelback Brewing Company
- Other Retail
- 1
- Local
- China Panda
- Restaurant
- -
- Local
- Dollar Tree
- Dollar/Variety/Thrift
- 10,536
- International
- Lowes Foods
- Supermarket
- 134
- Regional
- OfficeMax
- Office Supply
- 653
- International
- Petsmart
- Pet Shop/Supplies
- 1,906
- International
| Tenant | Description | US Locations | Reach |
| Camelback Brewing Company | Other Retail | 1 | Local |
| China Panda | Restaurant | - | Local |
| Dollar Tree | Dollar/Variety/Thrift | 10,536 | International |
| Lowes Foods | Supermarket | 134 | Regional |
| OfficeMax | Office Supply | 653 | International |
| Petsmart | Pet Shop/Supplies | 1,906 | International |
PROPERTY FACTS FOR 804-862 Spring Ln , Sanford, NC 27330
| Center Type | Community Center | Gross Leasable Area | 147,100 SF |
| Parking | 750 Spaces | Total Land Area | 8.18 AC |
| Stores | 7 | Year Built | 1996 |
| Center Properties | 3 |
| Center Type | Community Center |
| Parking | 750 Spaces |
| Stores | 7 |
| Center Properties | 3 |
| Gross Leasable Area | 147,100 SF |
| Total Land Area | 8.18 AC |
| Year Built | 1996 |
About the Property
Lowes Food anchored center just off 1/15/501. Dominant grocery anchored center in the market with major co-tenants. Starbucks, Walgreens, PetSmart, Dollar Tree, Wingstop, Office Depot and Great Clips
-
Brian Gaster -
David Swift -
Kotis Properties, Inc.
Presented by
Spring Lane Galleria | 804-862 Spring Ln
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