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1081 Druid Hills Shopping Center 700-799 Spruce St
1,400 SF of Flex Space Available in Martinsville, VA 24112
Highlights
- Location; great parking,
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 1,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
This space is perfect a small office or retail shop. The space has lots of close parking for customers and clients. This shopping center is thriving with new clients and owner is willing to do renovations for possible tenants.
- Space In Need of Renovation
- Central Air and Heating
- Private Restrooms
- Fully Carpeted
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 700-799 Spruce St , Martinsville, VA 24112
Property Type | Retail | Year Built | 1968 |
Property Subtype | Storefront Retail/Office | Parking Ratio | 3.48/1,000 SF |
Gross Leasable Area | 21,289 SF | Cross Streets | Spruce St. & Parkview Ave. |
Total Land Area | 2.77 AC |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 21,289 SF |
Total Land Area | 2.77 AC |
Year Built | 1968 |
Parking Ratio | 3.48/1,000 SF |
Cross Streets | Spruce St. & Parkview Ave. |
About the Property
This is a great rental spot found in old established well maintained shopping center in heart of Martinsville and Druid Hills area. There is plenty of parking for clients and workers. The space is perfect for retail, office or back office. Landlord will work with tenant on any adjustments/repairs to space based on rental length. Bathroom is located within space as well for employees or clients.
- 24 Hour Access
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Nearby Major Retailers
Presented by
Rives S. Brown
1081 Druid Hills Shopping Center | 700-799 Spruce St
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