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Gyro Palace Cafe 4391 Ironbound Rd 1,392 SF of Retail Space Available in Williamsburg, VA 23188
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,392 SF | Negotiable | $28.62 CAD/SF/YR $2.38 CAD/SF/MO $39,834 CAD/YR $3,319 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
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 | 1,392 SF | Gross Leasable Area | 1,392 SF |
| Property Type | Retail | Year Built | 1981 |
| Property Subtype | Restaurant |
| Total Space Available | 1,392 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 1,392 SF |
| Year Built | 1981 |
ABOUT THE PROPERTY
This free-standing building in Williamsburg offers a rare chance to open quickly, efficiently, and with far less upfront cost than starting from scratch. The space already includes key restaurant equipment, making it an ideal fit for an operator who’s ready to launch a new concept or add a convenient second location without the usual delays and build-out expenses. Positioned in one of Williamsburg’s busiest commercial corridors, the property benefits from constant activity—just moments from New Town, established residential communities, local schools, and steady year-round traffic from families, professionals, students, and visitors. It’s the kind of location where a well-run restaurant can immediately plug into an existing customer base and grow from day one. If you’re looking for a ready-to-go space in a strong market with built-in demand, this location offers the speed, visibility, and convenience to make your next restaurant venture a success.
NEARBY MAJOR RETAILERS
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Gyro Palace Cafe | 4391 Ironbound Rd
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