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East Luray Shopping Center - 3,200 sf 8 E Luray Shopping Ctr 3,200 SF of Retail Space Available in Luray, VA 22835
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 11 | 3,200 SF | 3 Years | $12.56 CAD/SF/YR $1.05 CAD/SF/MO $40,202 CAD/YR $3,350 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 11
I'm writing to present an excellent opportunity to backfill a 3,200 sq ft in-line space in Luray, Virginia. The space is open space, ideal for retail. Located in the East Luray Shopping Center, this space is centrally positioned within the residential and commercial communities that have long supported this anchored multi-tenant center. Please consider joining the diverse shopping mix; Label Shopper, Dollar Tree, T-Mobile, Fitness, Auto parts and Restaurants that call the East Luray Shopping Center home. Bring your ideas to reality with an affordable lease rate of $9.00psf NNN ($0.69psf). Luray is home to national distribution companies such as; Wrangler, Lee Apparel and Anderson Windows. Now add tourism, as Luray is known as "Virginia's Cabin Capital" supported by Shenandoah National Park (known for the Skyline drive), Luray Caverns, Shenandoah River Adventures, Water Park and many additional points of interest.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Minimal competition on the East side of Luray
- Favorable property logistics to draw clients
- Virginia's Cabin Capital
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 | 3,200 SF | Gross Leasable Area | 90,445 SF |
| Property Type | Retail | Year Built | 1965 |
| Total Space Available | 3,200 SF |
| Property Type | Retail |
| Gross Leasable Area | 90,445 SF |
| Year Built | 1965 |
ABOUT THE PROPERTY
I'm writing to present an excellent opportunity to backfill a 3,200 sq ft in-line space in Luray, Virginia. The space is open space, ideal for retail. Located in the East Luray Shopping Center, this space is centrally positioned within the residential and commercial communities that have long supported this anchored multi-tenant center. Please consider joining the diverse shopping mix; Label Shopper, Dollar Tree, T-Mobile, Fitness, Auto parts and Restaurants that call the East Luray Shopping Center home. Bring your ideas to reality with an affordable lease rate of $9.00psf NNN ($0.69psf). Luray is home to national distribution companies such as; Wrangler, Lee Apparel and Anderson Windows. Now add tourism, as Luray is known as "Virginia's Cabin Capital" supported by Shenandoah National Park (known for the Skyline drive), Luray Caverns, Shenandoah River Adventures, Water Park and many additional points of interest.
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East Luray Shopping Center - 3,200 sf | 8 E Luray Shopping Ctr
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