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Mill Lane Commons 1300-1338 W Main St 3,233 - 17,233 SF of Retail Space Available in Salem, VA 24153
HIGHLIGHTS
- Pylon Sign
- 185 parking spaces
- Signalized Corner
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1300-1302 | 8,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 1312 | 3,233 SF | 3-5 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 1314-1318 | 6,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1300-1338 W Main St - 1st Floor - Ste 1300-1302
4000Sf for lease
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Central Air Conditioning
- 4000Sf for lease
1300-1338 W Main St - 1st Floor - Ste 1312
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
1300-1338 W Main St - 1st Floor - Ste 1314-1318
6000SF for lease
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Central Air Conditioning
- 6000SF for lease
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 MILL LANE COMMONS
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Alejandros Mexican Grill
- Accommodation and Food Services
- -
- -
- Center For Comprehensive Services
- Health Care and Social Assistance
- -
- -
- China Wok
- Restaurant
- 1
- -
- Comcast
- Other Services
- 1,327
- International
- First Watch
- Accommodation and Food Services
- -
- -
- T-Mobile
- -
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Alejandros Mexican Grill | Accommodation and Food Services | - | - |
| Center For Comprehensive Services | Health Care and Social Assistance | - | - |
| China Wok | Restaurant | 1 | - |
| Comcast | Other Services | 1,327 | International |
| First Watch | Accommodation and Food Services | - | - |
| T-Mobile | - | - | - |
PROPERTY FACTS
| Total Space Available | 17,233 SF | Frontage | 222’ on W Main St |
| Center Type | Neighborhood Center | Gross Leasable Area | 46,865 SF |
| Parking | 185 Spaces | Total Land Area | 3.15 AC |
| Stores | 1 | Year Built | 2005 |
| Center Properties | 1 |
| Total Space Available | 17,233 SF |
| Center Type | Neighborhood Center |
| Parking | 185 Spaces |
| Stores | 1 |
| Center Properties | 1 |
| Frontage | 222’ on W Main St |
| Gross Leasable Area | 46,865 SF |
| Total Land Area | 3.15 AC |
| Year Built | 2005 |
ABOUT THE PROPERTY
Located in epicenter of Salem's busiest retail corridor with dozens of national tenants nearby. Cross easement with adjacent Sheetz. Excellent accessibility with multiple access points on W. Main Street where motorist are able to make left turn into center. Additional access points lead into center from Mill Lane.
- Pylon Sign
NEARBY MAJOR RETAILERS
Presented by
D&S Development, LLC
Mill Lane Commons | 1300-1338 W Main St
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