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Former Rite-Aid 1458 Mount Pleasant Rd 1,913 - 12,069 SF of Retail Space Available in Chesapeake, VA 23322

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HIGHLIGHTS

  • The brand-new shopping center at 1458 Mount Pleasant Rd & Centerville Tpk was a former Rite-Aid and is ready to accommodate new retail operations.
  • Adjacent from the Mt. Pleasant Marketplace, home to a Kroger, Wendy's, Taco Bell, and more.
  • Highly visible and easily accessible at the signalized intersection of Mt Pleasant Rd and Centerville Tpk.
  • There is one end-cap drive-thru available and one end-cap banking drive-thru or pick-up window available.

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 1,913-12,069 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Space is an outparcel at this property
Space Size Term Rental Rate Rent Type
1st Floor 1,913-12,069 SF Negotiable Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)

1st Floor

Size
1,913-12,069 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Space is an outparcel at this property

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

Total Space Available 12,069 SF
Min. Divisible 1,913 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 14,562 SF
Year Built 2015
Parking Ratio 4.88/1,000 SF
Cross Streets Centerville Tpk

ABOUT THE PROPERTY

Parker Burnell Real Estate Group is pleased to present ±1,913 - 12,069 square feet of retail space available in a brand-new shopping center formerly home to Rite Aid, a national tenant. The site is ideally located at the fully signalized intersection of Mount Pleasant Road & Centerville Turnpike for peak visibility and accessibility. One end-cap drive-thru is available, and one end-cap banking drive-thru or pick-up window is available. Retail co-tenancy is prominent in the immediate area as the site is adjacent to Mt. Pleasant Marketplace and has a Food Lion anchored center across the street. The site offers monument signage for excellent visibility; over 16K vehicles pass daily along Mount Pleasant Road & 14K vehicles pass daily on Centerville Turnpike. The encompassing Chesapeake area has a substantial population, average household income, and household quantities within a 5-mile radius.

  • Corner Lot
  • Dedicated Turn Lane
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Monument Signage

NEARBY MAJOR RETAILERS

Starbucks
Food Lion
Kroger
Navy Federal Credit Union
Waffle House
  • Listing ID: 31332289

  • Date on Market: 3/26/2024

  • Last Updated:

  • Address: 1458 Mount Pleasant Rd, Chesapeake, VA 23322

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