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Walmart Way Crossing 1437 Sams Dr
1,300 - 2,925 SF of Retail Space Available in Chesapeake, VA 23320
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A116 | 1,625 SF | Negotiable | $33.71 CAD/SF/YR $2.81 CAD/SF/MO $362.88 CAD/m²/YR $30.24 CAD/m²/MO $4,565 CAD/MO $54,783 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste B107 | 1,300 SF | Negotiable | $33.71 CAD/SF/YR $2.81 CAD/SF/MO $362.88 CAD/m²/YR $30.24 CAD/m²/MO $3,652 CAD/MO $43,826 CAD/YR | Triple Net (NNN) |
1434 Sams Dr - 1st Floor - Ste A116
- Lease rate does not include utilities, property expenses or building services
1431-1445 Sams Dr - 1st Floor - Ste B107
- Lease rate does not include utilities, property expenses or building services
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 1437 Sams Dr , Chesapeake, VA 23320
| Center Type | Neighborhood Center | Gross Leasable Area | 87,844 SF |
| Parking | 513 Spaces | Total Land Area | 14.71 AC |
| Center Properties | 6 | Year Built | 2002 |
| Frontage |
| Center Type | Neighborhood Center |
| Parking | 513 Spaces |
| Center Properties | 6 |
| Frontage | |
| Gross Leasable Area | 87,844 SF |
| Total Land Area | 14.71 AC |
| Year Built | 2002 |
About the Property
Wal Mart Way Crossing is regional shopping center in the Battlefield– Greenbrier area of Chesapeake, VA. Its located at the entrance to a cluster of big box tenants: Super Walmart, Sam’s Club, At Home, and Kohls. Several national restaurant chains also surround the site including Texas Road House, Applebee's, and TGIFridays. The area is home to a large suburban office market and multifamily housing creating a very dense daytime population. The city’s largest employer, Chesapeake Regional Hospital is nearby as well as several suburban office parks that create a vibrant and busy lunch time business at Wal Mart Way. Dollar Tree’s recent acquisition of Family Dollar is bringing 700 new corporate jobs to the area and a large, sprawling office complex.
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
-
Chris Good -
Susan Springer -
Kotarides
Presented by
Walmart Way Crossing | 1437 Sams Dr
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