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Promenade at Stonehaven Lee Hwy & Rixeyville Road
15,000 - 37,505 SF of Retail Space Available in Jeffersonton, VA 22724
Highlights
- Greater opportunity for expansion of commercial uses into adjacent properties owned by Saadeh Financial for larger users
- Planned Unit Development with more than 150,000 SF of opportunity in the retail parcel.
- Retail and Drive-thru pad sites are available for ground lease. All wet/dry Utilities are being built to connect to adjacent pad sites
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 22,505 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 15,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
1st Floor
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 Lee Hwy & Rixeyville Road , Jeffersonton, VA 22724
| Property Type | Retail | Construction Status | Proposed |
| Gross Leasable Area | 40,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 40,000 SF |
| Construction Status | Proposed |
About the Property
‘Economic Oasis in a Retail Desert’ best describes Stonehaven Town Center (formerly Clevenger’s Village) a Planned Unit Development (PUD) project in northern Culpeper County surrounded by over 50,000 existing residents across a 15-mile radius; 774 single family and townhomes are to be built by national home builder Lennar (US Home Corporation) while the commercial portion of the project is being built under an approved site plan by Saadeh Financial. Traffic light improvements and a dedicated turn lane into the project are currently in development. Ownership will commence construction of Building 1 in Phase I in Spring 2025 with delivering Fall 2025. Building 2 and 3 of Phase I will be constructed as users are procured. Site work for the three (3) retail pad sites has commenced, and are immediately available for ground lease.
Presented by
Promenade at Stonehaven | Lee Hwy & Rixeyville Road
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