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1206 Azalea Ave
2,890 SF of Retail Space Available in Richmond, VA 23227
Highlights
- Intersection of Brook Road and Azalea Avenue
- Large 0.48 Acre Lot
- Direct Access to I-95 (128,000 VPD)
- On the GRTC Bus Line
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,890 SF | Negotiable | $22.44 CAD/SF/YR $1.87 CAD/SF/MO $241.53 CAD/m²/YR $20.13 CAD/m²/MO $5,404 CAD/MO $64,849 CAD/YR | Triple Net (NNN) |
1st Floor
2,890 SF Freestanding Building For Lease, with Drive-Thru. Zoned B-2
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Space is an outparcel at this property
- Central Air and Heating
- Drive Thru
- Ample Parking on the Side and in the Rear
- Pylon Signage Available
- Gated Patio
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 1206 Azalea Ave , Richmond, VA 23227
| Property Type | Retail | Year Built | 1978 |
| Property Subtype | Freestanding | Parking Ratio | 10/1,000 SF |
| Gross Leasable Area | 2,890 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 2,890 SF |
| Year Built | 1978 |
| Parking Ratio | 10/1,000 SF |
About the Property
This is a 2,890 square foot freestanding building featuring a convenient drive-thru, situated on a large 0.48-acre lot. The property is zoned B-2 and offers ample parking both on the side and in the rear. Prominent pylon signage is available, enhancing visibility for your business. The location is highly accessible with direct access to I-95, which boasts a daily traffic count of 128,000 vehicles, and is positioned at the busy intersection of Brook Road and Azalea Avenue, where the traffic count on Brook Road reaches 21,000 vehicles per day. The property includes a gated patio and benefits from its position on the GRTC Bus Line, providing added convenience for both employees and customers. The surrounding area has a robust demographic profile with a population of 10,480 within a one-mile radius, 76,254 within three miles, and 236,555 within five miles, complemented by average household incomes of $83,588, $76,481, and $83,282 respectively. Additionally, the area supports substantial daytime employment, with 3,001 jobs within one mile, 46,237 within three miles, and 257,888 within five miles.
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Monument Signage
Nearby Major Retailers
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1206 Azalea Ave
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