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40 Main St
4,554 SF of Retail Space Available in Boones Mill, VA 24065
Highlights
- High Traffic Count
- Prime Location
- Great Visibility
- Endless Oppourtunities
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
Space | Size | Term | Rent | Service Type | ||
1st Floor | 4,554 SF | Negotiable | £7.04 /SF/PA £0.59 /SF/MO £75.80 /m²/PA £6.32 /m²/MO £32,069 /PA £2,672 /MO | Triple Net |
1st Floor
This freestanding building, totaling 4,554 SF on a 0.39-acre lot, is a remarkable investment opportunity, available for $335,000 or a lease rate of $9.00 PSF. Built in 1955, it features two drive-thru lanes, making it ideal for a variety of businesses, including banks, restaurants, breweries, churches, gyms, and retail stores. With over 20 parking spaces and ample parking in both the front and rear, the property offers excellent accessibility through multiple ingress and egress points. Located in a high-traffic area with 26,000 vehicles per day passing through Franklin County, this site provides exceptional visibility for any business. Don’t miss out on the chance to secure this prime location.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Bank
- Space In Need of Renovation
- Central Air and Heating
- Drive Thru
- High Traffic
- Prime Location
- Ample Parking
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 40 Main St , Boones Mill, VA 24065
Property Type | Retail | Year Built | 1955 |
Property Subtype | Storefront Retail/Residential | Parking Ratio | 6.59/1,000 SF |
Gross Internal Area | 4,554 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Residential |
Gross Internal Area | 4,554 SF |
Year Built | 1955 |
Parking Ratio | 6.59/1,000 SF |
Features and Amenities
- 24 Hour Access
- Security System
- Tenant Controlled HVAC
- Drive Thru
- Storage Space
- Air Conditioning
Nearby Major Retailers
Presented by
40 Main St
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