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1050 Wagner Rd
130,000 SF of Retail Space Available in Petersburg, VA 23805
Highlights
- Signalized intersection of Route 460 & Wagner Road
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 130,000 SF | 10 Years | $35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $379,167 /MO $4,550,000 /YR | Triple Net (NNN) |
1st Floor
This property offers exceptional development potential, strategically located at the signalized intersection of Route 460 and Wagner Road. It is conveniently situated just off I-295 Exit 3 and I-95 Exit 48, with proximity to Fort Lee, Rolls-Royce, CCAM, and Southpoint Business Park. The location benefits from significant traffic flow, with Route 460 seeing 13,000 vehicles per day (vpd), Wagner Road 10,000 vpd, I-295 23,000 vpd, and I-95 51,000 vpd. The property is fully serviced with all public utilities and is currently zoned Industrial M-2, offering potential for retail zoning. This site presents an excellent opportunity for various development projects.
- Lease rate does not include utilities, property expenses or building services
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 FOR 1050 Wagner Rd , Petersburg, VA 23805
| Property Type | Retail | Construction Status | Proposed |
| Gross Leasable Area | 130,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 130,000 SF |
| Construction Status | Proposed |
About the Property
The property is just off I-95 and I-295. Busy frontage - directly across from a McDonalds and BP Gas Station. Excellent opportunity for Retail Pad Sites - Inline Retail, and light industrial. Zoned and ready to build. *Proposed Use: Commercial, Industrial, Retail, Office, Fast Food, Restaurant & Store Front.*
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1050 Wagner Rd
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