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404 E Market St
3,485 SF of Retail Space Available in Greensboro, NC 27401
Highlights
- Nearby parking facilities for easy accessibility
- Endcap offers an ideal setting for variety of retail and service opportunities
- Other in-line tenants include retail boutiques, barber shop and more
- Open floor plan with high ceiling, front and side entry, and exposed HVAC duct work.
- Located near entertainment venues, office, and large student population.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
1st Floor, Ste 404 | 3,485 SF | 18’ | Negotiable | $15.00 USD/SF/YR $1.25 USD/SF/MO $161.46 USD/m²/YR $13.45 USD/m²/MO $4,356 USD/MO $52,275 USD/YR | Modified Gross |
1st Floor, Ste 404
Versatile open layout suitable for a variety of retail, service and eatery/beverage options. Excellent opportunity for signage with high visibility on Market Street. Parking has been added in the rear of building along with side graded area ready for outdoor uses. Potential for patio. In addition to the showroom area, there is an office and area for loading. Front and side entry suite entry.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air and Heating
- Corner Space
- Exposed Ceiling
- Finished Ceilings: 18’
- Great visibility
- Building signage available
- Area available for patio
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 404 E Market St , Greensboro, NC 27401
Property Type | Retail | Year Built | 1962 |
Property Subtype | Storefront | Parking Ratio | 0.81/1,000 SF |
Gross Leasable Area | 3,724 SF |
Property Type | Retail |
Property Subtype | Storefront |
Gross Leasable Area | 3,724 SF |
Year Built | 1962 |
Parking Ratio | 0.81/1,000 SF |
About the Property
This ±3,724 SF retail space boasts a versatile open layout, ideal for retail displays, trendy boutiques, or service-oriented businesses. The endcap location provides an excellent opportunity for food, beverage, or creative uses, while the ample square footage allows for showcasing unique products or services. With recent improvements to the parking at the rear of the building and nearby parking facilities, accessibility is a key feature. Additionally, there is potential for a patio area, enhancing the appeal for outdoor dining or customer lounging.
- Bus Line
- Signage
Nearby Major Retailers
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404 E Market St
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