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109 Crossings Mall
6,440 SF of Retail Space Available in Elkview, WV 25071
Highlights
- Great location in a former K Mart/Kroger shopping that does great business. The K Mart building is currently being considered by other retailers.
- Traffic flow is excellent. Lots of parking and ease of entry/exit.
- Lots of people in a 10-15 mile range. No good sit down restaurants are nearby.
Space Availability (1)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
Space | Size | Ceiling | Term | Rent | Service Type | |
1st Floor | 6,440 SF | 10 ft | Negotiable | £10.46 /SF/PA £0.87 /SF/MO £67,386 /PA £5,615 /MO | Triple Net |
1st Floor
This property was originally built by the owner of the shopping center as a Ponderosa steakhouse in around 2010-2011. It operated as such for a number of years, was VERY popular, and then for unknown reasons, the franchise operator went south. It sat vacant for a couple of years before a local restauranteur duo opened it up under the name of Hens and Heifers. Apparently, they were not very good at running a restaurant, as they closed within a year. The facility is ready for the next tenancy which can take advantage of the ample seating area in the main dining room, the bar, and a nice sized private dining room. The kitchen is huge and has a freezer and a cooler, a dishwashing station, plenty of storage, and a large range hood and fan with the appropriate Ansul system. The owner would prefer a national chain but is not precluding anyone from making an offer to rent. What is more important is that this Elkview area, located about 9 to 10 miles north of Charleston, needs a good sit-down restaurant, more particularly one with a bar. The only really good sit-down restaurant that was here in the area was Bob Evans, and they closed during the pandemic and walked away from the site. A really well-run efficient operation would attract people from the interstate going south to north and also from the thousands of people that live within a 5 - 8-mile area and desire to have a sit-down restaurant.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Security System
- Finished Ceilings: 10 ft
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 agent 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 FOR 109 Crossings Mall , Elkview, WV 25071
Property Type | Retail | Year Built | 2013 |
Property Subtype | Restaurant | Parking Ratio | 6.83/1,000 SF |
Gross Internal Area | 6,440 SF |
Property Type | Retail |
Property Subtype | Restaurant |
Gross Internal Area | 6,440 SF |
Year Built | 2013 |
Parking Ratio | 6.83/1,000 SF |
About the Property
This property was originally built by the owner of the shopping center as a Ponderosa steakhouse in around 2010-2011. It operated as such for a number of years, was VERY popular, and then for unknown reasons, the franchise operator went south. It sat vacant for a couple of years before a local restauranteur duo opened it up under the name of Hens and Heifers. Apparently, they were not very good at running a restaurant, as they closed within a year. The facility is ready for the next tenancy which can take advantage of the ample seating area in the main dining room, the bar, and a nice sized private dining room. The kitchen is huge and has a freezer and a cooler, a dishwashing station, plenty of storage, and a large range hood and fan with the appropriate Ansul system. The owner would prefer a national chain but is not precluding anyone from making an offer to rent. What is more important is that this Elkview area, located about 9 to 10 miles north of Charleston, needs a good sit-down restaurant, more particularly one with a bar. The only really good sit-down restaurant that was here in the area was Bob Evans, and they closed during the pandemic and walked away from the site. A really well-run efficient operation would attract people from the interstate going south to north and also from the thousands of people that live within a 5 - 8-mile area and desire to have a sit-down restaurant.
- Pylon Sign
Nearby Major Retailers
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109 Crossings Mall
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