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2476 Nimmo Pky

3,920 - 7,841 SF of Retail Space Available in Virginia Beach, VA 23456

Sublease Highlights

  • Anchored by Harris Teeter, one of the leading grocers in the Mid-Atlantic
  • Located across the street from the Virginia Beach Municipal Center and Courthouse Complex.
  • National tenants include Club Pilates, The UPS Store, Great Clips, Wendy's, Medical Care, Tropical Smoothie Cafe, Zero Subs and SunTrust Bank
  • Population within a three-mile radius exceeds 42,000 people with an average household income of more than $116,200

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor, Ste 109-112
  • 3,920-7,841 SF
  • Negotiable
  • Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
  • Triple Net
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Suite 109 is located next to anchor tenant, Harris Teeter.

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air and Heating
  • Anchored by Harris Teeter
Space Size Term Rent Service Type
1st Floor, Ste 109-112 3,920-7,841 SF Negotiable Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application Triple Net

1st Floor, Ste 109-112

Size
3,920-7,841 SF
Term
Negotiable
Rent
Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
Service Type
Triple Net
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Suite 109 is located next to anchor tenant, Harris Teeter.

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air and Heating
  • Anchored by Harris Teeter

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.

SITE PLAN

PROPERTY FACTS FOR 2476 Nimmo Pky , Virginia Beach, VA 23456

Min. Divisible 3,920 SF
Property Type Retail
Gross Internal Area 98,519 SF
Total Land Area 11.53 AC
Year Built 2005
Parking Ratio 2.23/1,000 SF
Cross Streets Princess Anne Road

About the Property

Courthouse Marketplace is a 122,000 SF retail project anchored by a 48,756 SF Harris Teeter and features 1,400 – 8,000 SF of inline space with outparcel and pad lease opportunities.

  • Dedicated Turn Lane

Nearby Major Retailers

Waffle House
Truist
Harris Teeter
Club Pilates
Starbucks
Navy Federal Credit Union
Biggby Coffee
Ymca
  • Listing ID: 27636893

  • Date on Market: 31/01/2023

  • Last Updated:

  • Address: 2476 Nimmo Pky, Virginia Beach, VA 23456

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