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Highlights
- Immediate availability within a prominent retail destination.
- Surrounded by national brands including Starbucks, Chipotle, and Raising Cane’s contributing to traffic throughout the day.
- Positioned within a high-growth corridor serving the Chester market.
- Located along Route 1 with direct access to I-95 (Exit 61) and Route 10.
- Monument signage opportunity available for enhanced visibility.
- Strong traffic counts: 55,000 VPD on Route 1 and 21,000 VPD on Route 10.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,800 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Positioned within the bustling Bermuda Square retail center, this 2,800 SF former Sleep Number space offers unmatched visibility along Route 1 with seamless connection to I-95 via Exit 61.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space dimensions: 46'-5"x 59'-3"
- Access to existing 8'x8' monument sign
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 12531 Route 1, Chester, VA 23831
- Tenant
- Description
- US Locations
- Reach
- Sleep Number
- Furniture/Mattress
- 879
- National
| Tenant | Description | US Locations | Reach |
| Sleep Number | Furniture/Mattress | 879 | National |
Property Facts
| Total Space Available | 2,800 SF | Gross Leasable Area | 6,300 SF |
| Property Type | Retail | Year Built | 2021 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 5.71/1,000 SF |
| Total Space Available | 2,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 6,300 SF |
| Year Built | 2021 |
| Parking Ratio | 5.71/1,000 SF |
About the Property
Positioned within the bustling Bermuda Square retail center, this 2,800 SF former Sleep Number space offers unmatched visibility along Route 1 with seamless connection to I-95 via Exit 61. The property benefits from a robust co-tenancy that includes Burlington, Hobby Lobby, and Petco, supported by national brands like Starbucks, Chipotle, and Raising Cane’s driving consistent customer traffic throughout the day. Its proximity to West Hundred Road enhances accessibility for both local residents and regional shoppers, while strong traffic counts of 55,000 VPD on Route 1 and 21,000 VPD on Route 10 underscore the site’s prominence. This location sits in a high-growth corridor serving an expanding Chester community, making it suitable for retailers seeking strong consumer exposure. Tenants will appreciate access to an existing 8' x 8' monument sign and generous site visibility. Immediate availability makes this an outstanding opportunity for operators aiming to secure space in the area’s primary retail destination.
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
12531 Route 1
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