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1014 Independence Blvd
1,416 SF of Retail Space Available in Virginia Beach, VA 23455
Highlights
- Very Strong Retail Co-Tenancy
- Out Parcel to a Grocer, Lidl
- Full Access off of Independence Blvd
- +47,000 vehicles per day
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,416 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Fast Food Restaurant
- Space is an outparcel at this property
- Space is in Excellent Condition
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 1014 Independence Blvd, Virginia Beach, VA 23455
- Tenant
- Description
- US Locations
- Reach
- chick fil a
- Retailer
- -
- -
- lidl
- Retailer
- -
- -
- Mc'Donalds
- Retailer
- -
- -
- Starbucks
- Retailer
- -
- -
- Wendy's
- Retailer
- -
- -
| Tenant | Description | US Locations | Reach |
| chick fil a | Retailer | - | - |
| lidl | Retailer | - | - |
| Mc'Donalds | Retailer | - | - |
| Starbucks | Retailer | - | - |
| Wendy's | Retailer | - | - |
PROPERTY FACTS FOR 1014 Independence Blvd , Virginia Beach, VA 23455
| Property Type | Retail | Year Built | 2003 |
| Property Subtype | Fast Food | Parking Ratio | 10/1,000 SF |
| Gross Leasable Area | 1,776 SF | Cross Streets | haygood Road |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 1,776 SF |
| Year Built | 2003 |
| Parking Ratio | 10/1,000 SF |
| Cross Streets | haygood Road |
About the Property
Blokk Commercial Real Estate is pleased to present an opportunity to lease a former Sonic Restaurant on a prime .76 acre parcel in Virginia Beach, Virginia. This 1,416-square-foot building, constructed in 2003, offers an excellent foundation for your business. Situated on a high-visibility corner along Independence Boulevard, the location has traffic counts of nearly +47,000 vehicles per day and direct access to a Lidl grocery store. The property is nestled in a highly sought-after commercial corridor. Co-Tenants include Chick-Fil-A, Lidl, Cook-Out, Dairy Queen, Bank of America, McDonalds, Starbucks, Autobell Carwash, Wendy's, 7-Eleven, Jiffy Lube and hospital. With a population of over 223,000 people within a 5-mile radius and an average household income of $100,000, this site offers exceptional potential for a variety of businesses looking to capitalize on a vibrant, high-traffic area.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Drive Thru
Nearby Major Retailers
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1014 Independence Blvd
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