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2726 Lee Hwy 11,395 SF of Retail Space Available in Troutville, VA 24175
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 11,395 SF | Negotiable | $21.33 CAD/SF/YR $1.78 CAD/SF/MO $243,100 CAD/YR $20,258 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
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.
Property Facts
| Total Space Available | 11,395 SF | Gross Leasable Area | 11,395 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Storefront | Parking Ratio | 17.55/1,000 SF |
| Total Space Available | 11,395 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 11,395 SF |
| Year Built | 2000 |
| Parking Ratio | 17.55/1,000 SF |
About the Property
Mountain View Plaza is a retail center located on Lee Highway in Troutville, Virginia. Situated near the Interstate 81 at Exit 150 interchange, the property sits at the intersection of regional traffic routes including I-81, Route 220, and Route 11, serving Botetourt County and the greater Roanoke Valley. The plaza is located approximately 13 miles north of downtown Roanoke and 45 miles northeast of Blacksburg.The center is anchored by a Dollar General Market. Recent property updates include a front pylon sign and LED lighting poles installed throughout the 271-space surface parking lot. The property serves a 10-mile population radius of 163,189. The immediate trade area includes the 240-unit Overlook at Daleville apartment development situated across the Exit 150 interchange. The plaza is located within the county's Gateway Crossing Overlay District, a zone designated by local municipalities for high-density commercial and residential development. Local traffic drivers in the immediate corridor include Lord Botetourt High School, the local YMCA facility, and seasonal pedestrian traffic from the nearby Appalachian Trail.
Nearby Major Retailers
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2726 Lee Hwy
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