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Peakland Crossing Shopping Center 4327 Boonsboro Rd 1,400 - 2,800 SF of Retail Space Available in Lynchburg, VA 24503
Highlights
- Located in a high-income area with an average household income of $111,266 within one mile.
- Ample on-site parking for customers and employees.
- Excellent visibility along Boonsboro Road with traffic counts of approximately 14,000 vehicles per day.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,400 SF | 3 Years | $22.86 /SF/YR $1.91 /SF/MO $32,004 /YR $2,667 /MO | TBD | ||
| 1st Floor | 1,400 SF | 3 Years | $22.86 /SF/YR $1.91 /SF/MO $32,004 /YR $2,667 /MO | TBD |
1st Floor
Peakland Crossing offers an outstanding retail opportunity in one of Lynchburg’s most desirable corridors. Located at 4327 Boonsboro Road, this property provides two 1,400 SF suites ideal for retailers or professional service firms seeking proximity to an established, high-income customer base.
- Can be combined with additional space(s) for up to 2,800 SF of adjacent space
1st Floor
Peakland Crossing offers an outstanding retail opportunity in one of Lynchburg’s most desirable corridors. Located at 4327 Boonsboro Road, this property provides two 1,400 SF suites ideal for retailers or professional service firms seeking proximity to an established, high-income customer base.
- Can be combined with additional space(s) for up to 2,800 SF of adjacent space
- Immediate occupancy.
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 | 2,800 SF | Gross Leasable Area | 14,287 SF |
| Property Type | Retail | Year Built | 2007 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 5.26/1,000 SF |
| Total Space Available | 2,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 14,287 SF |
| Year Built | 2007 |
| Parking Ratio | 5.26/1,000 SF |
About the Property
The surrounding area features a robust mix of national and regional retailers, including Kroger, Walgreens, Starbucks, and Food Lion, creating a strong co-tenancy environment. Ample on-site parking enhances convenience for customers and staff, while the property’s location within a high-income trade area—where average household income exceeds $111,000 within one mile—offers significant market potential. With easy access to major roadways and nearby residential neighborhoods, Peakland Crossing is well-positioned to serve both local and destination traffic. This property provides an excellent platform for businesses looking to establish or expand their presence in Lynchburg’s thriving retail market.
- 24 Hour Access
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
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Peakland Crossing Shopping Center | 4327 Boonsboro Rd
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