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Wytheville Commons 300-360 Commonwealth Dr 5,021 - 11,041 SF of Retail Space Available in Wytheville, VA 24382
HIGHLIGHTS
- Anchor Data: Walmart Supercenter, Lowe's Home Improvement, Burkes
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 13 | 5,021 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 7 | 6,020 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste 13
Space dimensions: 49'-7" x 100'-5"
1st Floor, Ste 7
Space dimensions: 60' x 100'-4", Available 2/1/19, Can be subdivided - Contact broker for details
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 | 11,041 SF | Total Land Area | 9.66 AC |
| Property Type | Retail | Year Built | 2001 |
| Property Subtype | Freestanding | Parking Ratio | 6.03/1,000 SF |
| Gross Leasable Area | 23,987 SF |
| Total Space Available | 11,041 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 23,987 SF |
| Total Land Area | 9.66 AC |
| Year Built | 2001 |
| Parking Ratio | 6.03/1,000 SF |
ABOUT THE PROPERTY
Wytheville Commons is the dominant regional retail center in the Wytheville, VA area. Anchored by both a Walmart Supercenter and Lowes Home Improvement, the center draws from a 10-mile radius with national tenants including Bealls, Dollar Tree, Petco, Pizza Hut and Subway. Wytheville Commons is located at 345 Commonwealth Drive, just one street off SR 21 (N 4th St.) and I-81 (exit 70), the busiest intersection in the area. Traffic counts on I-81 and Hwy 21 average 31,000 VPD and 16,000 VPD respectively. The center is easily accessible through a signalized main entrance that provides ingress and egress to and from the center for both east and west bound SR 21 traffic and is in close proximity to I-77. No internet cafes.
NEARBY MAJOR RETAILERS
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Wytheville Commons | 300-360 Commonwealth Dr
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