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1517 Holland Rd
14,673 SF of Retail Space Available in Suffolk, VA 23434
Highlights
- Signalized intersection
- Drive thru pick up window on rear of building
- Building constructed in 2015
- Monument sign on Rt. 58 and on Staley Dr.
- 49 parking spaces
- Fire suppression/sprinkler system
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 14,673 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Also available for sale. Ideally situated on the eastbound side of Holland Road (Rt. 58) at the signalized intersection of Staley Drive.
- Partially Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Space is in Excellent Condition
- Monument sign on Rt. 58
- Signalized intersection
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 1517 Holland Rd , Suffolk, VA 23434
| Property Type | Retail | Year Built | 2016 |
| Property Subtype | Drug Store | Parking Ratio | 3.34/1,000 SF |
| Gross Leasable Area | 14,673 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 14,673 SF |
| Year Built | 2016 |
| Parking Ratio | 3.34/1,000 SF |
About the Property
Presenting a prime investment opportunity with this former freestanding Rite Aid building, ideally situated on the eastbound side of Holland Road (Rt. 58) at the signalized intersection of Staley Drive. It is ideal for an owner-occupant or a redevelopment project. Directly across from the new Wawa, this property benefits from having very strong traffic past the property, excellent visibility and convenient access. With the Holland Road widening project nearing completion, expect improved traffic flow and reduced congestion in this bustling corridor. Don’t miss your chance to capitalize on this exceptional site!
- Dedicated Turn Lane
- Mezzanine
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
Presented by
1517 Holland Rd
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