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225 Carmichael Way 1,200 - 10,500 SF of Retail Space Available in Chesapeake, VA 23322
HIGHLIGHTS
- Located across from Target and Walmart Supercenter
- Monument signage with strong visibility on Hillcrest Parkway
- Surrounded by national retailers and service brands
- Within walking distance to high-income residential communities
- Traffic counts over 13,000 vehicles per day
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200-10,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
±1,200-10,500 SF new retail shops at Edinburgh North located at the corner of Edinburgh/Thistle Lane & Hillcrest Parkway.
- Wheelchair Accessible
- Monument signage with excellent visibility.
- Strategically located.
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 | 10,500 SF | Gross Leasable Area | 10,500 SF |
| Min. Divisible | 1,200 SF | Year Built | 2027 |
| Property Type | Retail | Parking Ratio | 6.57/1,000 SF |
| Property Subtype | Storefront | Construction Status | Proposed |
| Total Space Available | 10,500 SF |
| Min. Divisible | 1,200 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 10,500 SF |
| Year Built | 2027 |
| Parking Ratio | 6.57/1,000 SF |
| Construction Status | Proposed |
ABOUT THE PROPERTY
Positioned at the vibrant intersection of Edinburgh/Thistle Lane and Hillcrest Parkway, 225 Carmichael Way offers a rare opportunity to lease newly constructed retail space in one of Chesapeake’s most dynamic growth corridors. This ±1,200–10,500 SF development is part of the Edinburgh North retail cluster, directly across from high-traffic anchors like Target and Walmart Supercenter, and just a mile from Edinburgh East Shopping Center featuring Home Depot. The site benefits from exceptional visibility and accessibility, with monument signage and traffic counts exceeding 13,000 vehicles per day along Hillcrest Parkway. Surrounding the property is a thriving residential community composed of single-family homes, townhouses, condominiums, and apartments, all boasting above-average household incomes—making this a prime location for retailers targeting affluent demographics. The area’s retail synergy is further enhanced by nearby national brands including CVS, Dunkin’, Sherwin-Williams, Mattress Firm, and Crumbl Cookies. With a site plan that includes 69 parking spaces and a modern layout, this property is ideal for boutique retailers, service providers, and food & beverage concepts seeking a foothold in a high-growth, high-income market.
NEARBY MAJOR RETAILERS
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225 Carmichael Way
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