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Roosevelt Gardens Shopping Center 2300-2378 E Little Creek Rd
1,125 - 15,560 SF of Retail Space Available in Norfolk, VA 23518
Highlights
- Approximately 132,549 military and private sector employees work within five miles of Roosevelt Gardens
- Surrounded by high density middle income neighborhoods compiled of 87,000 residents in a 3 mile radius
- Long term anchor stability and well established national tenant mix and daily traffic generators.
Space Availability (3)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 7,500 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD | ||
| 1st Floor | 6,935 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD | ||
| 1st Floor | 1,125 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
2300-2378 E Little Creek Rd - 1st Floor
2300-2378 E Little Creek Rd - 1st Floor
- Located in-line with other retail
2300-2378 E Little Creek Rd - 1st Floor
- Highly Desirable End Cap Space
- Space is in Excellent Condition
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.
SELECT TENANTS AT Roosevelt Gardens Shopping Center
- Save-A-Lot
PROPERTY FACTS FOR 2300-2378 E Little Creek Rd , Norfolk, VA 23518
| Centre Type | Neighborhood Center | Frontage | |
| Parking | 559 Spaces | Gross Leasable Area | 111,407 SF |
| Stores | 24 | Total Land Area | 19.34 AC |
| Centre Properties | 4 | Year Built | 1956 |
| Centre Type | Neighborhood Center |
| Parking | 559 Spaces |
| Stores | 24 |
| Centre Properties | 4 |
| Frontage | |
| Gross Leasable Area | 111,407 SF |
| Total Land Area | 19.34 AC |
| Year Built | 1956 |
About the Property
With more than 50 years of operating history, Roosevelt Gardens has an established and loyal clientele including fifteen retailers who have called Roosevelt Gardens home for more than 10 years and six retailers who have been successfully operating their for 20 years. National retailers and daily traffic generators include Save-A-Lot, Cato, Its Fashion, Hibbett Sports, Dunkin Donuts, and Pizza Hut. Three of the largest tenants have term past 2024 providing long term stability for small shop retailers targeting a middle income demographic in the densely populated E Little Creek submarket.
- Bus Route
- Mezzanine
- Pylon Sign
- Signalised Intersection
-
Kris Fuller -
Divaris Real Estate, Inc.
Presented by
Roosevelt Gardens Shopping Center | 2300-2378 E Little Creek Rd
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