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117 N Fairfax St
3,500 SF of Retail Space Available in Alexandria, VA 22314
HIGHLIGHTS
- Heavy Daytime Foot Traffic
- Onsite Parking in Rear
- Recently Signed Jewelry Store 1f
- Tourist Destination
- Across From Market Square
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 2nd Floor, Ste 201 | 3,500 SF | 12’ | 3-15 Years | $25.00 /SF/YR $2.08 /SF/MO $87,500 /YR $7,292 /MO | Triple Net (NNN) |
2nd Floor, Ste 201
The 2nd floor offers 3,500 SF of available shell space, featuring 29-foot width and ceilings of 12 feet or higher. The building is undergoing a complete renovation with approved plans, expected to be completed by mid-October 2024. Prominent signage opportunities are available on N Fairfax Street for the upper-level tenant, and parking is accessible at the rear of the property. Zoned CD in the City of Alexandria, this location will soon join the recently signed tenant, Today’s Cargo (Jewelry Store).
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Finished Ceilings: 12’
- Lots Of Windows.
- Prominent Signage Opportunity on Market Square
- On Site Parking
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 117 N FAIRFAX ST , ALEXANDRIA, VA 22314
| Total Space Available | 3,500 SF | Gross Leasable Area | 10,740 SF |
| Property Type | Retail | Year Built/Renovated | 1880/2005 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.49/1,000 SF |
| Total Space Available | 3,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,740 SF |
| Year Built/Renovated | 1880/2005 |
| Parking Ratio | 1.49/1,000 SF |
ABOUT THE PROPERTY
Upper Level Retail and Lower Level Retail/ Office Location in Old Town available for lease. This space comes with Parking located in the back of the building at 207 Ramsey Aly. Located at Market Square next to The Carlisle House and across from a public parking garage. Spaces will be delivered in vanilla shell condition. Recently Signed Tenant Include a Jewelry Store.
- Banking
- Signage
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
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117 N Fairfax St
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