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723 Caroline St
1,617 SF of Office/Retail Space Available in Fredericksburg, VA 22401
Highlights
- Heavy daytime foot traffic
- Open plan with exposed bricks
- Parking on premises
- Lots of natural light
- Courtyard
- Historic Charm
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 1,617 SF | Negotiable | £27.39 /SF/PA £2.28 /SF/MO £294.78 /m²/PA £24.56 /m²/MO £44,283 /PA £3,690 /MO | Triple Net |
1st Floor
723 Caroline St is a mixed-use historic building in the heart of Downtown Fredericksburg. The ground floor has been a retail space over the past ten years. The space has many historically charming aspects that can be incorporated into the design of space. The space is one of the few places in the Downtown Fredericksburg that has a courtyard, deck, and parking on the premises.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Central Air Conditioning
- Natural Light
- Wooden Floors
- Yard
- Display Window
- Professional Lease
- Parking on premises
- Courtyard
- Historic charm
- Bay windows
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 723 Caroline St , Fredericksburg, VA 22401
| Property Type | Retail | Year Built | 1831 |
| Gross Internal Area | 1,617 SF | Parking Ratio | 1.24/1,000 SF |
| Property Type | Retail |
| Gross Internal Area | 1,617 SF |
| Year Built | 1831 |
| Parking Ratio | 1.24/1,000 SF |
About the Property
723 Caroline St is a mixed-use historic building in the heart of Downtown Fredericksburg. It is a block away from the Courtyard Marriot and an 8-minute walk from the Amtrak Station. 723 Caroline St garners a lot of daily foot traffic with local shops, restaurants, offices, and tourist destinations in the surrounding area. Caroline St has an average daily vehicle trips per day of 4,500.
Nearby Major Retailers
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723 Caroline St
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