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Norton Commons 780 Commonwealth Dr
2,000 - 9,203 SF of Retail Space Available in Norton, VA 24273
Space Availability (3)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 01 | 2,000 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD | ||
| 1st Floor, Ste 16 | 4,003 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD | ||
| 1st Floor, Ste 18 | 3,200 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
780 Commonwealth Dr - 1st Floor - Ste 01
Space dimensions: 20' x 100'
780 Commonwealth Dr - 1st Floor - Ste 16
Space dimensions: 50'-1" x 80'
780 Commonwealth Dr - 1st Floor - Ste 18
Space dimensions: 40' x 80'
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.
SELECT TENANTS AT Norton Commons
- Burkes Outlet
PROPERTY FACTS FOR 780 Commonwealth Dr , Norton, VA 24273
| Centre Type | Community Center | Gross Leasable Area | 280,037 SF |
| Parking | 636 Spaces | Total Land Area | 45.18 AC |
| Centre Properties | 7 | Year Built | 2005 |
| Centre Type | Community Center |
| Parking | 636 Spaces |
| Centre Properties | 7 |
| Gross Leasable Area | 280,037 SF |
| Total Land Area | 45.18 AC |
| Year Built | 2005 |
About the Property
Norton Commons is a Walmart shadow anchored center located on Commonwealth Drive in Norton, VA just off US Highway 23. This dominant retail center is a shopping destination for residents of Virginia, West Virginia, Kentucky and Tennessee due to its location and the close proximity to the bordering states. Strong Co-tenancy at the center includes Burke's Outlet, Hallmark, Hibbett Sports, Shoe Show Mega Store, OneMain Financial, Sally Beauty and Verizon Wireless. No internet cafes.
Nearby Major Retailers
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Norton Commons | 780 Commonwealth Dr
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