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The Shops at Railey Hill 115-135 Heaths Way Rd
1,100 - 2,200 SF of Retail Space Available in Midlothian, VA 23114
Highlights
- Heavily traveled corridor and great co-tenancy.
- Surrounded by national retailers, enhancing the property's commercial appeal.
- Prime location on the highly trafficked Midlothian Turnpike, with an impressive daily traffic count of 58,000 vehicles.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 108 | 1,100 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 129 | 1,100 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
115 Browns Way Rd - 1st Floor - Ste 108
115 Browns Way Rd - 1st Floor - Ste 129
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 The Shops at Railey Hill
- Tenant
- Description
- US Locations
- Reach
- Jersey Mike's Subs
- Sub Sandwich
- 3,559
- International
| Tenant | Description | US Locations | Reach |
| Jersey Mike's Subs | Sub Sandwich | 3,559 | International |
PROPERTY FACTS FOR 115-135 Heaths Way Rd , Midlothian, VA 23114
| Center Type | Strip Center | Frontage | 147’ on Midlothian Turnpike |
| Parking | 62 Spaces | Gross Leasable Area | 14,528 SF |
| Stores | 8 | Total Land Area | 2.95 AC |
| Center Properties | 1 | Year Built | 2001 |
| Center Type | Strip Center |
| Parking | 62 Spaces |
| Stores | 8 |
| Center Properties | 1 |
| Frontage | 147’ on Midlothian Turnpike |
| Gross Leasable Area | 14,528 SF |
| Total Land Area | 2.95 AC |
| Year Built | 2001 |
About the Property
The Shops at Railey Hill is a bustling, fully-leased commercial complex sitting on a 0.98-acre plot along Midlothian Turnpike. With an impressive footprint of 14,528 square feet, the center enjoys remarkable visibility along this highly traveled thoroughfare, experiencing a daily traffic count of 58,000 vehicles. This superior visibility, combined with its easy accessibility, makes it an extremely coveted location for businesses seeking substantial footfall and excellent exposure. Embedded in a vibrant retail environment, this complex finds itself in the company of prominent national retailers, further amplifying its attractiveness for potential tenants. Currently, the property boasts a diverse tenant mix that includes popular establishments such as Jo-Jo's Pizza and Idyllic Nails, among others. These businesses significantly contribute to the property's magnetic appeal, drawing a steady stream of visitors and shoppers. The demographic profile within a three-mile radius of the Shops at Railey Hill is highly favorable, comprising 15,907 households with an average household income of $112,231. This affluent customer base and robust population density present a lucrative opportunity for businesses to grow and thrive. The local population's disposable income and propensity for quality goods and services enhance the commercial potential of this property, ensuring a robust return on investment. This complex's strategic positioning, robust customer footfall, high visibility, and impressive tenant line-up, all combine to make the Shops at Railey Hill a compelling choice for businesses seeking to establish or expand their operations in a dynamic retail environment.
- Dedicated Turn Lane
- Signage
- Monument Signage
Nearby Major Retailers
Presented by
The Shops at Railey Hill | 115-135 Heaths Way Rd
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