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Cahoon Commons 632 Grassfield Pky
2,505 - 9,017 SF of Retail Space Available in Chesapeake, VA 23322
Highlights
- Small shops space located in a Walmart supercenter in the Great Bridge retail submarket of Chesapeake!
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 14 | 2,505 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
1st Floor, Ste 19 | 2,702 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
1st Floor, Ste 20B | 3,810 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
648 Grassfield Pky - 1st Floor - Ste 14
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
648 Grassfield Pky - 1st Floor - Ste 19
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
648 Grassfield Pky - 1st Floor - Ste 20B
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
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.
SELECT TENANTS AT Cahoon Commons
- Tenant
- Description
- US Locations
- Reach
- Bon Secours Medical Group
- MD/DDS
- 241
- Regional
- Virginia ABC Store
- Liquor
- 479
- Local
Tenant | Description | US Locations | Reach |
Bon Secours Medical Group | MD/DDS | 241 | Regional |
Virginia ABC Store | Liquor | 479 | Local |
PROPERTY FACTS FOR 632 Grassfield Pky , Chesapeake, VA 23322
Center Type | Community Center | Gross Leasable Area | 286,399 SF |
Parking | 1,380 Spaces | Total Land Area | 110.98 AC |
Center Properties | 4 | Year Built | 2007 |
Frontage |
Center Type | Community Center |
Parking | 1,380 Spaces |
Center Properties | 4 |
Frontage | |
Gross Leasable Area | 286,399 SF |
Total Land Area | 110.98 AC |
Year Built | 2007 |
About the Property
Parker Burnell Real Estate Group, LLC is thrilled to present an opportunity in the heart of the burgeoning Great Bridge retail submarket of Chesapeake. This location, situated between 620-648 Grassfield Parkway and anchored by a Walmart Supercenter, 644-648 offers a versatile range of spaces, from a modest 1,500 square feet up to a sprawling 7,484 square feet, embedded within a total of 82,023 square feet of small shop space. This development is further bolstered by an available 1.38-acre outparcel, equipped with a drive-thru for adaptable business functionality. Unrivalled accessibility is assured via the new Veterans Memorial Bridge, facilitating seamless connections to I-64, I-464, and the Chesapeake Expressway. Dominion Boulevard, with a traffic volume exceeding 30,000 vehicles per day, provides your venture with a high-visibility location that guarantees continuous footfall. Situated less than a mile from Tidewater Community College Campus and the Chesapeake Municipal, this location benefits from an influx of students, staff, and visitors, providing an active customer base. The region is known for its high residential growth projections, elevated household income, median home values, and robust daytime population, all contributing to a prosperous commercial environment. Adding to the site's attractiveness, we have 620's offerings - a freshly constructed outparcel retail shops that have already welcomed Easy Vet and Tidewater Dermatology. Spaces range from 1,380 to 2,880 square feet, providing an ideal opportunity for a diverse array of businesses to establish their presence right in front of the Walmart Supercenter. Just like its 644-648 counterpart, this site also enjoys easy accessibility via the Dominion Boulevard bridge project, a traffic volume of over 30,000 vehicles per day, and proximity to Tidewater Community College Campus. Furthermore, the high residential growth projections, alongside increased household income and median home values, attest to the site's potential for exponential business growth. This multifaceted opportunity presented by Parker Burnell Real Estate Group, LLC ensures a prime spot in a flourishing retail environment. The pairing of a high-traffic location and robust community growth indicators position your venture for success in the heart of Chesapeake.
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signalized Intersection
- Monument Signage
Presented by
Cahoon Commons | 632 Grassfield Pky
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