Offering a sub lease opportunity for a 1+ acre site in North Salisbury. The former Krispy Kreme site has 11.5 years left on original lease term through 2037 extension options to through 2057. Please inquire with listing broker for specific terms of the lease. Building was completely renovated in 2017, offers drive through, two entrances, ample parking, pylon signage as a ready to go site for users looking for a prominent location in the heavily trafficked North Salisbury Blvd.
Situated on North Salisbury Boulevard (Route 13 Business) in the northern commercial corridor the property enjoys high visibility and access along one of the city’s primary thoroughfares. This stretch of N Salisbury Blvd is a key north–south retail and service artery linking neighborhoods, commercial districts, and regional traffic into the city.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.