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Southern Shopping Center 7519-7525 Tidewater Dr 5,000 - 11,642 SF of Office/Retail Space Available in Norfolk, VA 23505
HIGHLIGHTS
- Shopping Center includes many national retailers with a diversified lineup of grocery, fitness, retail, restaurant, and service oriented businesses.
- Located across the street from Walmart Supermarket, one of the highest trafficked Walmart’s in Hampton Roads.
- Trade Area Population exceeds 161,000.
- Positioned in a high trafficked retail area on the corner of Tidewater Drive (28,000 VPD) and Little Creek Road (21,000 VPD) with access to I-64
- +2.5 million visitors to the shopping center per year.
- Traffic Counts: Tidewater Drive (28,800 VPD) | E Little Creek Road (21,000 VPD) | I-64 (137,000 VPD)
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 47 | 5,000-11,642 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
7525 Tidewater Dr - 1st Floor - Ste 47
- Fits 13 - 94 People
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.
SELECT TENANTS AT SOUTHERN SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Advance Auto Parts
- Automotive
- 4,661
- International
- Bojangles' Famous Chicken
- Fast-food
- 1,075
- International
- Dollar Tree
- Dollar/Variety/Thrift
- 10,426
- International
- DTLR | VILLA
- Shoes
- 493
- National
- Food Lion
- Supermarket
- 1,299
- National
- Ross Dress For Less
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Advance Auto Parts | Automotive | 4,661 | International |
| Bojangles' Famous Chicken | Fast-food | 1,075 | International |
| Dollar Tree | Dollar/Variety/Thrift | 10,426 | International |
| DTLR | VILLA | Shoes | 493 | National |
| Food Lion | Supermarket | 1,299 | National |
| Ross Dress For Less | Retailer | - | - |
PROPERTY FACTS
ABOUT THE PROPERTY
SOUTHERN SHOPPING CENTER 7525 Tidewater Drive, Norfolk, VA 23505
- Bus Line
- Dedicated Turn Lane
- Mezzanine
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Southern Shopping Center | 7519-7525 Tidewater Dr
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