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Former Bank Building 8 Lester St 6,608 - 13,216 SF of Office Space Available in Martinsville, VA 24112
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,608 SF | Negotiable | $6.34 CAD/SF/YR $0.53 CAD/SF/MO $41,878 CAD/YR $3,490 CAD/MO | Modified Gross | ||
| 2nd Floor | 6,608 SF | Negotiable | $6.34 CAD/SF/YR $0.53 CAD/SF/MO $41,878 CAD/YR $3,490 CAD/MO | Modified Gross |
1st Floor
Position your business in the heart of historic UpTown Martinsville, Virginia with this exceptional 13,000+ sq. ft. two-level building available for lease at $5000 per month and responsible for utilities. Located in a high-traffic area within a growing district, this property offers unmatched visibility and flexibility for a variety of uses. The main level features expansive open spaces complemented by large private offices—ideal for retail, professional services, or a dynamic office layout. Upstairs, you’ll find multiple offices and conference rooms, perfect for executive suites or collaborative workspaces. With its adaptable design, this property can easily accommodate retail, office, or mixed-use concepts, including residential options on the second floor. A large parking lot on 0.5± acres ensures convenience for employees and customers alike. Don’t miss the chance to secure a prime location that combines historic charm with modern potential. Schedule your private tour today and bring your vision to life!
- Listed rate may not include certain utilities, building services and property expenses
- Can be combined with additional space(s) for up to 13,216 SF of adjacent space
- High traffic area in historic UpTown Martinsville.
- Multiple offices and conference rooms.
- Excellent exposure in a growing district.
- Open floor plan with large offices.
2nd Floor
Position your business in the heart of historic UpTown Martinsville, Virginia with this exceptional 13,000+ sq. ft. two-level building available for lease at $5000 per month and responsible for utilities. Located in a high-traffic area within a growing district, this property offers unmatched visibility and flexibility for a variety of uses. The main level features expansive open spaces complemented by large private offices—ideal for retail, professional services, or a dynamic office layout. Upstairs, you’ll find multiple offices and conference rooms, perfect for executive suites or collaborative workspaces. With its adaptable design, this property can easily accommodate retail, office, or mixed-use concepts, including residential options on the second floor. A large parking lot on 0.5± acres ensures convenience for employees and customers alike. Don’t miss the chance to secure a prime location that combines historic charm with modern potential. Schedule your private tour today and bring your vision to life!
- Listed rate may not include certain utilities, building services and property expenses
- Can be combined with additional space(s) for up to 13,216 SF of adjacent space
- High traffic area in historic UpTown Martinsville.
- Multiple offices and conference rooms.
- Excellent exposure in a growing district.
- Open floor plan with large offices.
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 | 13,216 SF | Year Built | 1965 |
| Property Type | Retail | Parking Ratio | 1.66/1,000 SF |
| Gross Leasable Area | 13,216 SF |
| Total Space Available | 13,216 SF |
| Property Type | Retail |
| Gross Leasable Area | 13,216 SF |
| Year Built | 1965 |
| Parking Ratio | 1.66/1,000 SF |
NEARBY MAJOR RETAILERS
Presented by
Southern Virginia Properties
Former Bank Building | 8 Lester St
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