4121 New Bern Ave, Raleigh, NC 27610

4121 New Bern Ave, Raleigh
Lease: $7 sf/yr NNN
53,194 sq. feet

IGA grocer-anchored shopping center at the confluence of New Bern Avenue, New Hope Rd, and Corporation Parkway, just minutes from the beltline exit.  Ample parking.  Multiple points of access from all three major roads.  Landlord is extremely efficient at controlling costs, with NNN expenses hover around $1/sf/yr.

 

Suite 151 – 53,194 of a former K-Mart.  To re-occupy the space, Landlord will need to establish new electrical and plumbing services, new HVAC and new store fronts.  Can be sub-divided, as long as the first user needs 20,000sf or more.  Pricing  as advertised is for the entire space with a new roof, new electrical service to the raw space, new plumbing service to the raw space, bathrooms to code, new store front.  Rate for sub-divided proposals will depend on the Landlord’s additional work requirements for prospective tenant to occupy.