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601 4th St 1,192 SF of Retail Space Available in Shenandoah, VA 22849
HIGHLIGHTS
- Large sign with great visibility from Rt. 340
- Furniture, furnishings, and most equipment included with lease
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,192 SF | Negotiable | $49.18 CAD/SF/YR $4.10 CAD/SF/MO $58,620 CAD/YR $4,885 CAD/MO | Triple Net (NNN) |
1st Floor
Huge potential! Incredible QSR retail opportunity with a drive-thru lane, formerly a Burger King, adjoining an Exxon Gas station and convenience store. Over 1+ acre conveniently located on Fourth St (Rt. 340) in the heart of Shenandoah. This wonderful property is ideal for a variety of restaurant or commercial uses. Large sign with great visibility from Rt. 340. The use of furniture, furnishings, and most equipment included with lease. Don't miss out on this versatile and promising commercial space! *Lease rate is base $3500/Month or 7.5% of gross sales per month for 1st year, then 8% gross sales per month for 2nd plus years.*
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Fast Food Restaurant
- Highly Desirable End Cap Space
- Drive Thru
- Large sign with great visibility
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 | 1,192 SF | Gross Leasable Area | 1,192 SF |
| Property Type | Retail | Year Built | 1996 |
| Property Subtype | Fast Food |
| Total Space Available | 1,192 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 1,192 SF |
| Year Built | 1996 |
ABOUT THE PROPERTY
Huge potential! Incredible QSR retail opportunity with a drive-thru lane, formerly a Burger King, adjoining an Exxon Gas station and convenience store. Over 1+ acre conveniently located on Fourth St (Rt. 340) in the heart of Shenandoah. This wonderful property is ideal for a variety of restaurant or commercial uses. Large sign with great visibility from Rt. 340.
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601 4th St
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