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Ace Center 12486-12494 Warwick Blvd
1,825 SF of Retail Space Available in Newport News, VA 23606
Highlights
- In-line space located between Ace Hardware and Pivot Physical Therapy.
- High visibility location with great signage.
- Immaculate space that was built out for a long standing credit union.
- Across the street from Todd Stadium and less than one mile from Christopher Newport University.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 12492 | 1,825 SF | Negotiable | $16.44 /SF/YR $1.37 /SF/MO $30,003 /YR $2,500 /MO | Triple Net (NNN) |
1st Floor, Ste 12492
This offering consists of a stunning retail suite that was built out for a long standing Credit Union. The suite is located in between Ace Hardware and Pivot Physical Therapy and is front and center from the main ingress into the shopping center. There have been numerous improvements made to the space & the shopping center’s parking area to provide patrons ease of entry off Warwick Boulevard. Situated across the street from Todd Stadium and less than a mile from the Christopher Newport University campus it is ideal for a variety of retail and service oriented businesses. A truly Must See location!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Located in-line with other retail
- Space is in Excellent Condition
- $2,500.00/month, Triple Net.
- Ample Parking at the Center.
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 12486-12494 Warwick Blvd , Newport News, VA 23606
Property Type | Retail | Year Built | 1986 |
Property Subtype | Freestanding | Parking Ratio | 2.96/1,000 SF |
Gross Leasable Area | 19,209 SF | Cross Streets | Middlesex Road |
Total Land Area | 1.37 AC |
Property Type | Retail |
Property Subtype | Freestanding |
Gross Leasable Area | 19,209 SF |
Total Land Area | 1.37 AC |
Year Built | 1986 |
Parking Ratio | 2.96/1,000 SF |
Cross Streets | Middlesex Road |
Features and Amenities
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
Ace Center | 12486-12494 Warwick Blvd
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