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Smith River Crossing 2777-2801 Greensboro Rd 6,075 SF of Retail Space Available in Martinsville, VA 24112
HIGHLIGHTS
- Storefront Glass - Lots of Natural Light
- Abundant Parking
- Stock Room in Rear
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,075 SF | Negotiable | $13.66 CAD/SF/YR $1.14 CAD/SF/MO $82,979 CAD/YR $6,915 CAD/MO | Triple Net (NNN) |
1st Floor
This end cap retail space has 68 linear feet of storefront glass and is highly visible. The space is carpeted and in excellent condition. There is a 680 sf stockroom in the rear behind the showroom/retail area.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air and Heating
- Fully Carpeted
- Security System
- High Ceilings
- Aaron's excess 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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 6,075 SF | Gross Leasable Area | 11,475 SF |
| Property Type | Retail | Year Built | 2007 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 8.63/1,000 SF |
| Total Space Available | 6,075 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 11,475 SF |
| Year Built | 2007 |
| Parking Ratio | 8.63/1,000 SF |
ABOUT THE PROPERTY
This 6,075 sf retail space is located on Greensboro Road - a primary retail corridor in Martinsville, VA with an Average Annual Daily Traffic (AADT) of 17,000. Neighbors in the shopping center include an ABC store, athletic aparel retailer and a tobacco store. Neighboring businesses around the shopping center include grocery, pharmacy, restaurant, retail and service businesses.
NEARBY MAJOR RETAILERS
Presented by
Smith River Crossing | 2777-2801 Greensboro Rd
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