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706 Airline Blvd
1,680 SF of Retail Space Available in Portsmouth, VA 23707
Highlights
- Excellent Visibility From High St and Airline Blvd
- Located Off I-264
- Pylon Sign Available
- Heavy Retail Trade in Portsmouth
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
Space | Size | Term | Rent | Service Type | ||
1st Floor | 1,680 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
1,680 square-feet of corner retail space available for lease!
- Excellent Visibility From High St & Airline Blvd
- Pylon Sign Available
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 706 Airline Blvd , Portsmouth, VA 23707
Property Type | Retail | Year Built | 1965 |
Property Subtype | Freestanding | Parking Ratio | 3.91/1,000 SF |
Gross Internal Area | 4,095 SF |
Property Type | Retail |
Property Subtype | Freestanding |
Gross Internal Area | 4,095 SF |
Year Built | 1965 |
Parking Ratio | 3.91/1,000 SF |
About the Property
Situated at 706 Airline Blvd in Portsmouth, VA, this prime freestanding building offers 4,095 square feet of versatile retail space, perfect for a variety of business needs. The property boasts excellent visibility from both High Street and Airline Blvd, with convenient access off I-264. The building features 16 dedicated parking spaces and a prominent pylon sign, enhancing its visibility and accessibility. It is surrounded by a robust retail environment, including notable retailers such as Walmart, Walgreens, Chick-fil-A, TJMaxx, and many others, ensuring high foot traffic and robust commercial synergy. With a strong demographic base—12,358 residents within 1 mile, 100,320 within 3 miles, and 250,560 within 5 miles—this location benefits from a significant consumer base and substantial employee population, making it an ideal spot for retail or service-oriented businesses.
- Bus Route
- Signage
- Signalised Intersection
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706 Airline Blvd
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