For Lease. Staunton, VA, 3 spaces, 3500 sf, Retail Showrooms.

Shopping Center for Lease
Catylist Listing ID: 30286178
Property Subtypes: Free-Standing Store, Mixed Use, Net Leased
Contiguous Space: 500 - 3,000 SF
Building Size (RSF): 11,000 SF
Gross Building Area: 71,000 SF
Gross Land Area: 5.50 Acres
Lease Rate: $10 PSF (Annual)
Base Monthly Rent: $2,500
Lease Types: Full Service, NNN
Building Name: Former Sears since 1966
Last Updated: 6/19/2020

Overview / Comments

Highly visible, accessible building large parking lot, two entrances (one at a stoplight on busy 5 lane US 11), adjoining area's largest Ford dealer and opposite a new CVS.The building has 11,000 sf, of which 3,000 sf in the center are available , adjoining parking.. Enjoying parking at the door of each shop last year are new tenants Enterprise Car Rental, and Marshall Car Towing, while tenants over 15 years include All of Em Vacuum Dealer and Song Sewing.

Glass fronted spaces include a square, clear span 500 sf facing east on US 11, and a 1500-2500 sf space, with a new front glass window and door facing north.

Staunton, at the intersection of I-81, I-64 and US 11, in the center of the Shenandoah Valley, is cited as one of only 12 "Distinctive Destinations" in the entire country. The town boasts 30 buildings and five districts individually on the National Register of Historic Places, fine restaurants, Woodrow Wilson Birthplace and Museum, a nationally recognized Shakespeare year round playhouse , and Mary Baldwin University.

Nearby are the University of Virginia (45 miles east) and James Madison University (25 miles north), while Shenandoah Regional Airport (20 miles north) has airline service to major cities.

Attachments & Media

Expand All Available Space

Suite: Central portion of separate Bldg in Strip Center. 3,000 SF $10 PSF (Annual) NNN,Full Service
Level/Floor: First floor
Space Available: 3,000 SF
Minimum Divisible: 500 SF
Lease Rate: $10 PSF (Annual)
$2,500 (Monthly)
Lease Type: NNN,Full Service
Space Description: (1) 2,500 sf vacant sf , former Sears showroom (since 1966), a large clear span show room. (2) Vacant 500 sf clear span, Rt 11 frontage, park at door, (3) Vacant 1100 sf garage space with 15 car fenced and locked parking adjoining. .Other three tenants include All of em Vacuum Cleaners, Song Sewing, both long time tenants, and new tenants (2019-2020) Enterprise Car Rental. , and a Military Wear shop. Landlord will install a new front door to the 18' glass fronted 1800 sf space Ample parking, high visiblity.

Other long-term tenants, expected to remain indefinitely, of the shopping center include Enterprise Car Rental , Super Shoes and , Amerigas..

Staunton has a professional year-round Shakespeare Theater, a Baldwin University, a Woodrow Wilson Presidential Library and Birthplace, a Frontier Cultural Museum. The Dogwood Square Shopping Center has two entrances (one closest to the 1500 sf at a stop light) located on busy 5-lane US 11. adjoining the area's largest Ford dealer. There is a new CVS
and a new Goodwill Retail Store across the 5 lane US Route 11.
Date Available: 1/6/2020
Lease Term: 60 Months
Space Type: Relet
Parking Spaces 200
Tax Expenses $0.25 PSF (Annual)
CAM Expenses $2 PSF (Annual)
Rent Escalators Step-Up Lease

Additional Details

Nearest MSA: Staunton-Waynesboro
County: Staunton City
Taxing Authority: Staunton, VA
Tax ID/APN: 2141.000000000000000
Zoning: COMMERCIAL
Retail Clientele: Business
Property Located Between: Paul Obaugh Ford, new CVS
Property Visibility: Excellent
Largest Nearby Street: US 11 Business - Five lanes
Feet of Frontage: 686
Highway Access: Frontage on five-lane US 11 Business. Stoplight at one of two entrances.
Airports: Shenandoah Regional 15 miles; Charlottesville 47 miles, Roanoke 80 miles
Site Description: Part of 5 + acre, 71,000 sf leasable shopping center. Other tenants include Super Shoes, Amerigas, and Goodwill Outlet Store. Fully leased under present management since 1990. Two new tenants last 12 months
Area Description: Borders Paul Obaugh Ford, Across the street from new CVS
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1966
Year Renovated: 1993
Roof Type: Flat
Construction/Siding: Block
Exterior Description: See photo
Parking Type: Surface
Parking Description: Park at the door. Highly visible. US 11 five lane .Stop light at three lane entrance.
Total Parking Spaces: 200
Freight Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Evaporative Cooler
Internet Access: Cable
Zoning Description: Commercial
Lot Frontage: 686'
Lot Depth: 343
Water Service: Municipal
Sewer Type: Municipal

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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

Contact

Photograph of Listing Agent

Christopher Collins

VIRGINIA ESTATES CVCMLS Member
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