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Blacksburg Auto Building 606 N Main St 6,040 SF of Retail Space Available in Blacksburg, VA 24060
HIGHLIGHTS
- Fantastic Location In the Heart of the Virginia Tech Campus
- Over 30,000 Students in a Stones Throw
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,040 SF | 3-5 Years | $21.47 CAD/SF/YR $1.79 CAD/SF/MO $129,655 CAD/YR $10,805 CAD/MO | Modified Gross |
1st Floor
This is the Blacksburg Auto building. The building offers 800 square feet of retail space with a rear storage/stock room area of 3,160 square feet. Adjoining this area is a 3 bay automobile garage/repair shop with 2,080 square feet. Landlord pays real estate taxes and building insurance. Tenant pays all utilities, grounds upkeep and maintains all HVAC, electrical and plumbing.
- Listed rate may not include certain utilities, building services and property expenses
- Space is in Excellent Condition
- 3 Bay Garage
- Fantastic Tech Campus Location
- Adaptive Reuse Potential
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 | 6,040 SF | Gross Leasable Area | 6,040 SF |
| Property Type | Retail | Year Built | 1974 |
| Total Space Available | 6,040 SF |
| Property Type | Retail |
| Gross Leasable Area | 6,040 SF |
| Year Built | 1974 |
ABOUT THE PROPERTY
Fantastic location right on north Main Street in the heart of Virginia Tech. Tech currently has over 30,000 students at the Blacksburg Campus all within a stones throw of this location. Potential for adaptive reuse for something other than an auto parts store and garage.
NEARBY MAJOR RETAILERS
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Blacksburg Auto Building | 606 N Main St
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