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Chesapeake Commons 4107 Portsmouth Blvd
1,090 - 39,055 SF of Space Available in Chesapeake, VA 23321
Highlights
- Middle of the Chesapeake Square submarket
- Submarket is experiencing tremendous retail and residential growth
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 32,275 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 101 | 1,130 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 105 | 1,090 SF | 5-10 Years | $44.84 CAD/SF/YR $3.74 CAD/SF/MO $482.66 CAD/m²/YR $40.22 CAD/m²/MO $4,073 CAD/MO $48,876 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 111 | 4,560 SF | 5-10 Years | $33.63 CAD/SF/YR $2.80 CAD/SF/MO $361.99 CAD/m²/YR $30.17 CAD/m²/MO $12,779 CAD/MO $153,354 CAD/YR | Triple Net (NNN) |
4107 Portsmouth Blvd - 1st Floor
- Storage Space Available.
4107 Portsmouth Blvd - 1st Floor - Ste 101
- Mostly Open Floor Plan Layout
4107 Portsmouth Blvd - 1st Floor - Ste 105
- Lease rate does not include utilities, property expenses or building services
4107 Portsmouth Blvd - 1st Floor - Ste 111
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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.
SITE PLAN
PROPERTY FACTS FOR 4107 Portsmouth Blvd , Chesapeake, VA 23321
| Center Type | Power Center | Frontage | |
| Parking | 963 Spaces | Gross Leasable Area | 202,008 SF |
| Stores | 33 | Total Land Area | 23.35 AC |
| Center Properties | 5 | Year Built | 1991 |
| Center Type | Power Center |
| Parking | 963 Spaces |
| Stores | 33 |
| Center Properties | 5 |
| Frontage | |
| Gross Leasable Area | 202,008 SF |
| Total Land Area | 23.35 AC |
| Year Built | 1991 |
About the Property
Chesapeake Commons is a Best Buy, Ross, Old Navy, and Aldi anchored retail power center located just off I-664, East on Portsmouth Boulevard, at Taylor Road in Chesapeake, Virginia. The property is in the middle of the Chesapeake Square submarket directly across from Chesapeake Square Mall which is about to undergo a major redevelopment transforming the indoor mall in to a mixed use development to include a significant multi-family component. The submarket contains approximately 2,162,000 square feet of retail space, and the area is experiencing tremendous retail and residential growth. With immediate access to Interstate 664 via the Portsmouth Boulevard interchange, the center provides its customers with easy accessibility and a hassle-free shopping experience.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
-
Levi Thomson -
Kris Fuller -
Divaris Real Estate, Inc.
Presented by
Chesapeake Commons | 4107 Portsmouth Blvd
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