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Palladium Commons 5870 Samet Dr
1,263 SF of Retail Space Available in High Point, NC 27265
Highlights
- Class A retail in thriving Palladium area. Excellent tenant mix.
- High foot and vehicle traffic
- Open retail showroom with excellent signage
- Near nation food and retail options
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 129 | 1,263 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
5872 Samet Dr - 1st Floor - Ste 129
Space 129 - 1,263 SF Excellent visibility and access from Highway 68 Major office/industrial complexes located within one mile with 12,000± Employed Serves heavily traveled Highway 68 corridor, neighboring industrial/office park & surrounding communities Traffic Count (2021): 37,000 VPD(Wendover Ave. and Eastchester Ave.)
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Excellent Exposure to Highway 68
- Space located near restaurants and services
- High traffic area with ample parking
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 Palladium Commons
- Tenant
- Description
- US Locations
- Reach
- Corporate America Family Credit Union
- Bank
- 33
- Local
- Fedex Office Print & Ship Ctr
- Business/Copy/Postal Services
- 6,086
- International
- Green’s Flowers and Gifts
- Retailer
- -
- -
- Mcalister's Deli
- Restaurant
- 744
- National
- Novant Go Health
- Health Care and Social Assistance
- -
- -
- Sprint Store
- Information
- -
- -
| Tenant | Description | US Locations | Reach |
| Corporate America Family Credit Union | Bank | 33 | Local |
| Fedex Office Print & Ship Ctr | Business/Copy/Postal Services | 6,086 | International |
| Green’s Flowers and Gifts | Retailer | - | - |
| Mcalister's Deli | Restaurant | 744 | National |
| Novant Go Health | Health Care and Social Assistance | - | - |
| Sprint Store | Information | - | - |
PROPERTY FACTS FOR 5870 Samet Dr , High Point, NC 27265
| Center Type | Strip Center | Gross Leasable Area | 24,778 SF |
| Parking | 114 Spaces | Total Land Area | 8.78 AC |
| Stores | 14 | Year Built | 2005 |
| Center Properties | 2 | Cross Streets | Hwy 68 |
| Center Type | Strip Center |
| Parking | 114 Spaces |
| Stores | 14 |
| Center Properties | 2 |
| Gross Leasable Area | 24,778 SF |
| Total Land Area | 8.78 AC |
| Year Built | 2005 |
| Cross Streets | Hwy 68 |
About the Property
Excellent visibility and access from Highway 68 Major office/industrial complexes located within one mile with 12,000 +/- employed Serves heavily traveled Highway 68 corridor, neighboring industrial/office park & surrounding communities Access to Highway 68
Nearby Major Retailers
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Palladium Commons | 5870 Samet Dr
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