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Bldg 1 7525 Tidewater Dr
8,048 SF of Retail Space Available in Norfolk, VA 23505
Sublease Highlights
- Great option in very well leased center with low vacancy.
- Walmart across the street is most trafficked Walmart store in all of Hampton Roads.
- Southern SC includes many national retailers with a diversified lineup of grocery, fitness tenants, retail, and restaurant businesses.
- Positioned at high trafficked corner of Tidewater Drive (29,000 ADT) and Little Creek Road (24,000 ADT).
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 8,048 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
8,048 SF available for sublease adjacent to Ross Dress For Less in super regional Southern Shopping Center.
- Sublease space available from current tenant
- Located in-line with other retail
- High Ceilings
- Custom storefront 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 7525 Tidewater Dr , Norfolk, VA 23505
| Property Type | Retail | Total Land Area | 8.14 AC |
| Property Subtype | Freestanding | Year Built | 1957 |
| Gross Internal Area | 98,358 SF | Parking Ratio | 4.44/1,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 98,358 SF |
| Total Land Area | 8.14 AC |
| Year Built | 1957 |
| Parking Ratio | 4.44/1,000 SF |
Features and Amenities
- Bus Route
- Dedicated Turn Lane
- Pylon Sign
- Signalised Intersection
Nearby Major Retailers
Presented by
Bldg 1 | 7525 Tidewater Dr
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