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201 E Berkley Ave 500 SF of Retail Space Available in Norfolk, VA 23523
Highlights
- Pumps and canopy in place - tanks in the ground
- Easy access to I-464
- Heavy daytime traffic driven by the Shipyard
- Co-tenants include Berkley Supermarket, Family Dollar & Concentra
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Price Reduced! $35,000 NNN annually. Strong co-tenancy alongside Berkley Supermarket, Family Dollar, and Concentra, which collectively drive consistent customer traffic. This ready-to-operate site is perfectly positioned for a fuel retailer or operator looking to capitalize on a built-in customer base.
- Space is an outparcel at this property
- Space is in Excellent Condition
- Gas Station Opportunity
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 | 500 SF | Gross Leasable Area | 500 SF |
| Property Type | Retail | Year Built | 2005 |
| Property Subtype | Retail |
| Total Space Available | 500 SF |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Leasable Area | 500 SF |
| Year Built | 2005 |
About the Property
Located just minutes from downtown Norfolk, this prime gas station site in the Berkley Center offers a turn-key opportunity with pumps, canopy, and underground tanks already in place. Situated in a high-traffic area fueled by steady daytime activity from the nearby Shipyard, this location provides excellent visibility and access for commuters, workers, and local residents alike.
Nearby Major Retailers
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201 E Berkley Ave
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