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250 S Stuart Ave
2,982 SF of Retail Space Available in Elkton, VA 22827
Highlights
- Strong Visibility
- Pylon Signage
- Signalized Intersection
- Strong Complementary Land Uses
- Corner Lot
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,982 SF | Negotiable | $28.44 CAD/SF/YR $2.37 CAD/SF/MO $306.13 CAD/m²/YR $25.51 CAD/m²/MO $7,067 CAD/MO $84,808 CAD/YR | TBD |
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 250 S Stuart Ave , Elkton, VA 22827
| Property Type | Retail | Year Built | 1990 |
| Property Subtype | Bank | Parking Ratio | 7.71/1,000 SF |
| Gross Leasable Area | 2,982 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 2,982 SF |
| Year Built | 1990 |
| Parking Ratio | 7.71/1,000 SF |
About the Property
Available For Lease - Renovate or Build to Suit - This 2,982 SF former bank branch with an attached 2-lane drive-thru and 26 surface parking stalls is available for lease - renovate or build to suit. The property is located at a busy and signalized corner in Elkton, a town on the east side of Rockingham County in the beautiful Shenandoah Valley. Complementary Land Uses and Accessible Location - This site is located at the signalized hard corner of W Spotswood Trail and S Stuart Avenue (U.S. Route 340) in Elkton, a small town on the east side of Rockingham County, Virginia in the beautiful Shenandoah Valley. The property benefits from strong and complementary land uses (an Exxon gas station, Dairy Queen, Pizza Hut, McDonald’s 7-Eleven, etc.) and its proximity to Spotswood Trail (U.S. Route 33), a major east-west highway that connects West Virginia to Richmond, Virginia. 0.79 Acres, 2,982 SF - This 0.79-acre triangular-shaped lot and 2,982 SF building, including two-lane drive thru, is suitable for a wide range of retail uses given its B-1 (Downtown Business District) zoning. Permitted uses in B-1 include retail business or service establishments, restaurants, business offices, automobile service stations, child care centers, hotels/motels, among other commercial uses. Great Visibility and Strong Ingress/ Egress - The property has strong visibility along S Stuart Avenue (U.S. Route 340), a primary north-south highway that links central Virginia to western Maryland, aided by a pylon sign. The property, which also can be seen from Spotswood Trail, has good ingress/egress with three curb cuts, two along W Spotswood Trail and one along S Stuart Avenue.
- Corner Lot
- Pylon Sign
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
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250 S Stuart Ave
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