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2293 Upton Drive (former Rite Aid) 2293 Upton Dr
1,544 - 14,738 SF of Retail Space Available in Virginia Beach, VA 23454
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 1,544-14,738 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
1544-14738SF for lease
- Space is an outparcel at this property
- Central Air Conditioning
- 1544-14738SF for lease
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 2293 Upton Dr , Virginia Beach, VA 23454
Min. Divisible | 1,544 SF | Total Land Area | 1.68 AC |
Property Type | Retail | Year Built | 2003 |
Property Subtype | Drug Store | Parking Ratio | 4.68/1,000 SF |
Gross Leasable Area | 14,738 SF | Cross Streets | Princess Anne Rd |
Min. Divisible | 1,544 SF |
Property Type | Retail |
Property Subtype | Drug Store |
Gross Leasable Area | 14,738 SF |
Total Land Area | 1.68 AC |
Year Built | 2003 |
Parking Ratio | 4.68/1,000 SF |
Cross Streets | Princess Anne Rd |
About the Property
• Units starting at ±1,544 SF! ±14,738 SF freestanding retail building with drive-thru along signalized intersection of Upton Dr. & Princess Anne Road • Settled within the Target anchored community center in the growing Red Mill trade area • Across from Sandbridge Commons, the Harris Teeter Anchored Neighborhood Center • Traffic counts of 19,936 VPD along Upton Dr. & 16,432 VPD along Princess Anne Road • Monument signage with excellent visibility at signalized intersection • Strong household incomes & residential growth
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
Nearby Major Retailers
Presented by
2293 Upton Drive (former Rite Aid) | 2293 Upton Dr
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