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7701 Timberlake Rd
8,250 SF of Office Space Available in Lynchburg, VA 24502
Sublease Highlights
- Recently renovated office space
- Large paved parking lot
- Property can be leased fully furnished
- Elevator Access
- Corner location on major commercial corridor
- Wired for high-speed internet
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 2020 | 8,250 SF | Negotiable | $12.75 /SF/YR $1.06 /SF/MO $137.24 /m²/YR $11.44 /m²/MO $8,766 /MO $105,188 /YR | Modified Gross |
2nd Floor, Ste 2020
+/- 8,250sf office space available for sublease. 2nd level space with lots of windows and elevator access. Currently divided into 16 offices, conference room, large training room, kitchenette/break room, 2 bathrooms, and open areas currently configured into 46 cubicle stations. Space is wired for high-speed internet and can potentially be leased fully furnished. Property has large parking lot and is a corner location with great access.
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- 16 Private Offices
- 2 Conference Rooms
- 46 Workstations
- Central Air and Heating
- Window Lined Offices
- Lots of Natural Light
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 7701 Timberlake Rd , Lynchburg, VA 24502
| Property Type | Retail | Total Land Area | 8.11 AC |
| Property Subtype | Storefront | Year Built/Renovated | 1965/2021 |
| Gross Leasable Area | 39,021 SF | Parking Ratio | 5.1/1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 39,021 SF |
| Total Land Area | 8.11 AC |
| Year Built/Renovated | 1965/2021 |
| Parking Ratio | 5.1/1,000 SF |
Features and Amenities
- 24 Hour Access
- Signage
- Signalized Intersection
-
Christopher Gentry, SIOR -
Gentry Commercial Real Estate, Inc.
Presented by
7701 Timberlake Rd
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