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1811 Memorial Ave 1,000 - 30,000 SF of Office/Retail Space Available in Lynchburg, VA 24501
HIGHLIGHTS
- Corner intersection; easy accesson four sides; high traffic Memorial Ave; ample parking
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| Ground | 1,000-30,000 SF | 14’ - 16’ | 1-10 Years | $10.00 /SF/YR $0.83 /SF/MO $300,000 /YR $25,000 /MO | Triple Net (NNN) |
Ground
1-30,000SF for lease Rental rate ranges from $10.00/SF to $15.00SF. 10 plus office spaces Body shop with paint booth Car wash warehouse space Space available is divisible Convenient to downtown area in the business area with high traffic. Plenty Parking space available.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Fits 3 - 240 People
- 10 Private Offices
- 1 Conference Room
- 2 Workstations
- Finished Ceilings: 14’ - 16’
- Central Air and Heating
- Closed Circuit Television Monitoring (CCTV)
- Drop Ceilings
- Secure Storage
- Smoke Detector
- Wheelchair Accessible
- 4,250 SF of showroom space.
- Prime location just off of Memorial Ave.
- Situated on a corner lot.
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 | 30,000 SF | Gross Leasable Area | 35,000 SF |
| Min. Divisible | 1,000 SF | Year Built | 1948 |
| Property Type | Retail | Parking Ratio | 1.43/1,000 SF |
| Property Subtype | Auto Repair |
| Total Space Available | 30,000 SF |
| Min. Divisible | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Leasable Area | 35,000 SF |
| Year Built | 1948 |
| Parking Ratio | 1.43/1,000 SF |
ABOUT THE PROPERTY
8-10 offices are available for lease at $12.00/SF plus utilities. The building is large with multiple spaces. The whole building or individual spaces can be rented. Rent varies depending on the spaces you are looking. Rent can be negotiable. You can email me at jcumcva@aol.com or call 434 509 2400.
- Fenced Lot
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
Presented by
NNJ Business Ventures LLC
1811 Memorial Ave
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