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3651 Greensboro Rd

3,842 SF of Office/Retail Space Available in Ridgeway, VA 24148

Highlights

  • Near Martinsville Speedway
  • Fronts Rt 220 Business

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 3,842 SF
  • 3-10 Years
  • $7.44 CAD/SF/YR $0.62 CAD/SF/MO $80.14 CAD/m²/YR $6.68 CAD/m²/MO $2,384 CAD/MO $28,603 CAD/YR
  • Modified Gross
Space Use
Office/Retail
Availability
Now

Landlord improvements can be negotiated for a longer-term lease.

  • Listed rate may not include certain utilities, building services and property expenses
  • Mostly Open Floor Plan Layout
  • 2 Private Offices
  • 1 Conference Room
  • 6 Workstations
  • Central Heating System
  • Reception Area
  • Kitchen
  • Private Restrooms
  • Security System
  • Corner Space
  • Open-Plan
  • Yard
  • Close to Martinsville Speedway
Space Size Term Rental Rate Rent Type
1st Floor 3,842 SF 3-10 Years $7.44 CAD/SF/YR $0.62 CAD/SF/MO $80.14 CAD/m²/YR $6.68 CAD/m²/MO $2,384 CAD/MO $28,603 CAD/YR Modified Gross

1st Floor

Size
3,842 SF
Term
3-10 Years
Rental Rate
$7.44 CAD/SF/YR $0.62 CAD/SF/MO $80.14 CAD/m²/YR $6.68 CAD/m²/MO $2,384 CAD/MO $28,603 CAD/YR
Rent Type
Modified Gross
Space Use
Office/Retail
Availability
Now

Landlord improvements can be negotiated for a longer-term lease.

  • Listed rate may not include certain utilities, building services and property expenses
  • Mostly Open Floor Plan Layout
  • 2 Private Offices
  • 1 Conference Room
  • 6 Workstations
  • Central Heating System
  • Reception Area
  • Kitchen
  • Private Restrooms
  • Security System
  • Corner Space
  • Open-Plan
  • Yard
  • Close to Martinsville Speedway

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 3651 Greensboro Rd , Ridgeway, VA 24148

Property Type Retail
Property Subtype Bank
Gross Leasable Area 3,842 SF
Year Built 1973
Parking Ratio 9.17/1,000 SF

About the Property

This is a great brick building offered at $1700/month on a large corner lot off of route 220, less than one mile from Martinsville Speedway, 1.5 miles to the route 58 and route 220 intersection, and just 2.5 miles from the town of Martinsville. It also sits at the entrance to a large industrial park featuring 25+ commercial/industrial businesses. Plus, there's a traffic light right in front of the building, offering great road frontage and visibility. It offers a beautiful exterior with landscaping, a large parking lot with fresh paint, multiple drive through spaces, and three separate entrances and exits. The front entrance has a vestibule before you walk into the large and open lobby area. This space is bright and has lots of natural lighting. There is a counter situated in the middle for a kiosk or greeter as customers enter. There is a line of cabinets with desks on the other side, this used to be the teller room when the building was a bank, and there are two offices in the back, several open desks across the room, a secured vault, and plenty of room for you to make this into whatever space you need! There's also an upstairs area that features a employee kitchen, large conference room, and private bathrooms. We will build or refit this space to suit your needs! Call (540) 487-0480 today for more information and to schedule a tour. Landlord pays taxes, insurance, and systems maintenance expenses.

  • Banking
  • Corner Lot
  • Freeway Visibility
  • Security System
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Air Conditioning

Attachments

Ridgeway Bank
  • Listing ID: 27310477

  • Date on Market: 2022-12-15

  • Last Updated:

  • Address: 3651 Greensboro Rd, Ridgeway, VA 24148

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