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Courthouse Commons Monticello Ave & Ironbound Rd
2,103 SF of Retail Space Available in Williamsburg, VA 23188
Highlights
- Located at Most Desirable Intersection in Williamsburg
- Easily Accessible to the College of Willian & Mary
- Highest Household Incomes and Largest Concentration of Office Space in Williamsburg
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5231-H | 2,103 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
5231 Monticello Ave - 1st Floor - Ste 5231-H
2,103 end cap retail space available for lease. Previously built out as a nail salon.
- Fully Built-Out as Specialty Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Anchored by High Performing Fresh Market
- Located at Most Desirable Intersection
- High-End Co-Tenancy
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 Courthouse Commons
- Tenant
- Description
- US Locations
- Reach
- AT&T Wireless
- Wireless Communications
- 11,166
- International
- Massage Lu Xe
- Massage
- 62
- National
- Pure Barre
- Fitness
- 774
- National
- Starbucks
- Retailer
- -
- -
- The Fresh Market
- Retailer
- -
- -
- TowneBank
- Finance and Insurance
- -
- -
| Tenant | Description | US Locations | Reach |
| AT&T Wireless | Wireless Communications | 11,166 | International |
| Massage Lu Xe | Massage | 62 | National |
| Pure Barre | Fitness | 774 | National |
| Starbucks | Retailer | - | - |
| The Fresh Market | Retailer | - | - |
| TowneBank | Finance and Insurance | - | - |
PROPERTY FACTS FOR Monticello Ave & Ironbound Rd , Williamsburg, VA 23188
About the Property
Courthouse Commons stands as a vibrant retail destination, centered around the bustling Fresh Market along with national brands like Starbucks, AT&T, Pure Barre, Massage Luxe and Great Clips. Positioned near the junction of Route 199 and Monticello Avenue, with a traffic flow of 32,000 vehicles per day, Courthouse Commons is tailored to cater to the region’s most affluent households and rapidly expanding population in Hampton Roads. Its strategic location offers convenient access to the esteemed College of William & Mary, a robust daytime office population, and seasonal tourist destinations.
- Dedicated Turn Lane
- Signalized Intersection
Nearby Major Retailers
Presented by
Courthouse Commons | Monticello Ave & Ironbound Rd
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