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Viking Way 198-216 S Viking Way
3,500 - 9,078 SF of Office/Medical Space Available in Martinsburg, WV 25401
Highlights
- Easy access, High Visibility I-81, Abundant Parking
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 3,500-9,078 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $150.69 /m²/YR $12.56 /m²/MO $10,591 /MO $127,092 /YR | Triple Net (NNN) |
198-216 S Viking Way - 1st Floor
Office space available for lease. Two spaces side by side. One is 3,600 SF and the other is 5,478. Can be leased separately or combined.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Fits 5 - 20 People
- Central Air and Heating
- Easy access. Abundant 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.
SELECT TENANTS AT Viking Way
- WVU Medical Center for Sleep Medicine
PROPERTY FACTS FOR 198-216 S Viking Way , Martinsburg, WV 25401
Min. Divisible | 3,500 SF | Frontage | 551’ on S Viking Way |
Center Type | Neighborhood Center | Gross Leasable Area | 49,252 SF |
Parking | 244 Spaces | Total Land Area | 4.53 AC |
Stores | 12 | Year Built | 1987 |
Center Properties | 1 | Cross Streets | I-81 & King St |
Min. Divisible | 3,500 SF |
Center Type | Neighborhood Center |
Parking | 244 Spaces |
Stores | 12 |
Center Properties | 1 |
Frontage | 551’ on S Viking Way |
Gross Leasable Area | 49,252 SF |
Total Land Area | 4.53 AC |
Year Built | 1987 |
Cross Streets | I-81 & King St |
About the Property
Office, Medical and Retail space available for lease in a well positioned property, centrally located within the business community of Berkeley County, WV. Martinsburg is a bedroom community of Washington DC. Martinsburg's employment base is 66% white collar with the major jobs being healthcare and government services. A great location conveniently situated just off of Interstate 81 at a main intersection with entrances on King Street, Foxcroft Avenue and Viking Way.
Nearby Major Retailers
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Viking Way | 198-216 S Viking Way
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