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Altavista Commons 105-130 Clarion Rd
4,837 SF of Retail Space Available in Altavista, VA 24517
Highlights
- Shadow anchored by Campbell County's only Walmart
- Co-tenants inlcude Goodwill, Virginia ABC, Dollar Tree, Lendmark, Sprint, Great Clips and Pizza Hut
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 16 | 4,837 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste 16
Space dimensions: 60'-4" x 80'-1"
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 Altavista Commons
- Walmart Supercenter
PROPERTY FACTS FOR 105-130 Clarion Rd , Altavista, VA 24517
Property Type | Retail | Year Built | 2007 |
Gross Leasable Area | 28,010 SF | Parking Ratio | 5.28/1,000 SF |
Total Land Area | 6.64 AC |
Property Type | Retail |
Gross Leasable Area | 28,010 SF |
Total Land Area | 6.64 AC |
Year Built | 2007 |
Parking Ratio | 5.28/1,000 SF |
About the Property
Altavista Commons is a Walmart Supercenter shadow anchored retail center located on Clarion Road, just off US Route 29 in Altavista, VA. This busy community center is Campbell County’s only Walmart center and services the surrounding communities and counties, drawing traffic from a 15-mile radius. Located off well-traveled Route 29 with 15,000 VPD, the center is just 25 miles south of Lynchburg and 43 miles north of Danville within the Lynchburg MSA. Co-Tenancy at the center includes Goodwill, Virginia ABC, Dollar Tree, Lendmark, Sprint, Great Clips and Pizza Hut. No internet cafes.
Nearby Major Retailers
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Altavista Commons | 105-130 Clarion Rd
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