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Village Square Shopping Center 2001 S Military Hwy 124,662 - 142,752 SF of Industrial Space Available in Chesapeake, VA 23324
Highlights
- 124,000 SF divisible to 60,000 SF and able to configure loading docks on both sides of the property
- B-2 zoning permits retail as well as many business uses
- 18’ clear height with 45’x40’ column spacing.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 124,662-142,752 SF | 1 Year | Upon Request Upon Request Upon Request Upon Request | Negotiable |
2001-2005 S Military Hwy - 1st Floor
- Former Kmart conversion to Flex/ Warehouse space - High profile location in the center of the Southside population and 11 miles from PMT - Hub of the highway network - Easy access to I-64, I 464 and Rt 168 all converge nearby - B-4 zoning (same as B-2) ±163,522 SF building available on 14.768 AC site 2001 S Military – Former Kmart - Main Building Area total SF: ±142,752SF - First Floor: ±124,662 SF, Second Floor: ±18090 with approx. 4,000 SF, Office - Divisible to ±40,000 SF - Can expand to adjacent space 2003 S Military – Expansion area - First Floor: ±11,606 SF - Second Floor ±9,164 SF 2005 S. Military – OCCUPIED - American Freight Furniture and Appliances
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 Village Square Shopping Center
- Tenant
- Description
- US Locations
- Reach
- American Freight Furniture & Mattress
- Furniture/Mattress
- 115
- National
- Liberty Tax
- Acctg/Tax Prep
- 3,873
- International
| Tenant | Description | US Locations | Reach |
| American Freight Furniture & Mattress | Furniture/Mattress | 115 | National |
| Liberty Tax | Acctg/Tax Prep | 3,873 | International |
Property Facts
About the Property
Retail property for lease in the Greenbrier/Battlefield area of Chesapeake near the top visited Kroger Marketplace in Virginia as reported by Placer.ai. Site has multiple signage and access points on a major roads: Battlefield Blvd and Military Hwy. Hub of the highway network with easy access to I-64, I 464 and Rt 168 (all converge nearby).
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Air Conditioning
Nearby Major Retailers
Presented by
Village Square Shopping Center | 2001 S Military Hwy
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