Catylist ID:
#30824955
4,160 sf retail, center of 60,000 sf fully leased building
Shopping Center
for Lease
| Catylist Listing ID: | 30824955 |
| Property Subtypes: | Neighborhood Center |
| Contiguous Space: | 4,160 SF |
| Building Size (RSF): | 4,150 SF |
| Gross Land Area: | 5.20 Acres |
| Lease Rate: |
$12 PSF (Annual) |
| Base Monthly Rent: | $4,160 |
| Lease Types: | NNN, Absolute NNN |
| Ceiling: | 18 ft. |
| Building Name: | Dogwood Square |
| Usable Size (USF): | 4,150 SF |
| Last Updated: | 3/24/2023 |
Overview / Comments
|
THIS VACANT 4,160 sf is next door to PLANET FITNESS, which has signed a lease for 21,600 sf, will open in 2024. in a highly visible, accessible building (new rubber roof) ,on large parking lot with long frontage on busy five lane US 11,– two entrances ,one at stop light with a left turn lane. .. The 60,000 main bldg has .(1) this 4,150 sf vacant space (2) an adjoining 21,600 sf space now leased to PLANET FITNESS, and (3) (also adjoining on the north) a 14,000 sf long term lessor Super Shoe (a Warren Buffet company).. The area's largest Ford dealer adjoins to the south and a new CVS drug store is situated across the 5-lane street (US 11). Staunton, at the intersection of I-81, I-64, US 11, and US 250, and the Washington to Chicago railroad, in the center of the Shenandoah Valley, was cited as one of only "Twelve Distinctive Destinations" in the entire USA. The town boasts over 30 buildings individually on the National Register. Nearby are Washington & Lee University (35 miles south on I-81)), University of Virginia (40 miles east on I-64). Mary Baldwin University (Staunton) and James Madison University (25 miles north on I-81) |
Expand All Available Space
| Suite: 1106 B, Greenville Ave, 5-lane US11, Staunton, VA 24401 | 4,160 SF | $12 PSF (Annual) NNN,Absolute NNN |
| Level/Floor: | First floor (ground level) | |
| Space Available: | 4,160 SF | |
| Lease Rate: |
$12 PSF (Annual) $4,160 (Monthly) |
|
| Lease Type: | NNN,Absolute NNN | |
| Space Description: | Prize location, between new Planet Fitness 21,600 sf (open November 2023) and long established Super Shoes. Center of fully leased shopping center, 5 acres, with two entrances (one at stoplight) on busy 5-lane US 11 Business.
Great parking at the double door entrance.. Cooperation percentage: 3%. Co-owner-manager is a licensed real estate broker |
|
| Date Available: | 4/1/2023 | |
| Lease Term: | 60 Months | |
| Space Type: | Relet | |
| Kitchen | Yes | |
| Parking Spaces | 40 | |
| Tax Expenses | $1,200 PSF (Annual) | |
| Rent Escalators Description | 3% per year See Kit Collins, mgr-owner, anytime at 540 448 3718 to see and discuss. | |
| Rent Concession | First two months free | |
Additional Details
| Nearest MSA: | Staunton |
| County: | Staunton City |
| Tax ID/APN: | 2140.000000000000000 |
| Zoning: | B-2 |
| Retail Clientele: | Business, Traveler, Tourist, Recreation |
| Property Located Between: | On west side of US Rt 11, adjoining Super Shoes and an antique car dealer.. |
| Largest Nearby Street: | Greenville Ave (US 11 5-lane) Staunton, VA |
| Feet of Frontage: | 700 |
| Highway Access: | 700' frontage on 5-lane US 11. |
| Airports: | Shenandoah Regional |
| Site Description: | Level, slightly sloped from buildings down to frontage on US 11..The land behind is a hill. |
| Total Number of Buildings: | 2 |
| Number of Stories: | 1 |
| Property Condition: | Excellent |
| Year Built: | 1966 |
| Roof Type: | Flat |
| Construction/Siding: | Concrete |
| Parking Type: | Surface |
| Parking Description: | Share 155 spaces. Never in 33 years have been more than 120 spaces occupied., fully occupied 98% of the time. |
| Total Parking Spaces: | 155 |
| Sprinklers: | None |
| Heat Source: | Heat Pump |
| Air Conditioning: | Evaporative Cooler |
| Zoning Description: | General Business |
| Sewer Type: | Municipal, Storm |
| Easements: | Utilities |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 3,706 | 21,206 | 40,820 |
| Median Age: | 42.77 | 40.74 | 41.59 |
| Households: | 1,599 | 9,310 | 17,117 |
| © Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Charlottesville Area Association of REALTORS nor Moody's assume any liability for errors or omissions. |
