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Galax Plaza 544 E Stuart Dr 2,200 SF of Retail Space Available in Galax, VA 24333

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HIGHLIGHTS

  • LED Parking Lot Lights

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 2,200 SF
  • Negotiable
  • $20.94 CAD/SF/YR $1.74 CAD/SF/MO $46,065 CAD/YR $3,839 CAD/MO
  • Triple Net (NNN)
546 E Stuart Dr - 1st Floor
Space Use
Retail
Condition
Partial Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • Highway View
Space Size Term Rental Rate Rent Type
1st Floor 2,200 SF Negotiable $20.94 CAD/SF/YR $1.74 CAD/SF/MO $46,065 CAD/YR $3,839 CAD/MO Triple Net (NNN)

546 E Stuart Dr - 1st Floor

Size
2,200 SF
Term
Negotiable
Rental Rate
$20.94 CAD/SF/YR $1.74 CAD/SF/MO $46,065 CAD/YR $3,839 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • Highway View

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

SELECT TENANTS AT GALAX PLAZA

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Carilion Clinic
  • Health Care
  • 50
  • National
  • Galax Plaza
  • -
  • 1
  • -
  • Lendmark Financial Services
  • Finance Company
  • 451
  • National
  • Plaza Barber & Style Shop
  • Salon/Barber/Spa
  • 1
  • -
  • Roses
  • Discount Store
  • 512
  • Regional
  • The Eye Glass Place
  • Optical
  • 1
  • -
TENANT DESCRIPTION US LOCATIONS REACH
Carilion Clinic Health Care 50 National
Galax Plaza - 1 -
Lendmark Financial Services Finance Company 451 National
Plaza Barber & Style Shop Salon/Barber/Spa 1 -
Roses Discount Store 512 Regional
The Eye Glass Place Optical 1 -

PROPERTY FACTS

Total Space Available 2,200 SF
Center Type Neighborhood Center
Parking 657 Spaces
Stores 10
Center Properties 2
Frontage 503’ on E. Stuart Drive
Gross Leasable Area 108,325 SF
Total Land Area 28.80 AC
Year Built 1965

ABOUT THE PROPERTY

Shopping Center sits between two main roads in Galax, E. Stuart Drive & Glendale Road.

ATTACHMENTS

Galax Marketing Flyer

NEARBY MAJOR RETAILERS

Carter Bank & Trust
IGA
  • Listing ID: 28497967

  • Date on Market: 2023-10-09

  • Last Updated:

  • Address: 544 E Stuart Dr, Galax, VA 24333

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