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Clarksburg Village Center New Cut Rd

1,797 SF of Retail Space Available in Clarksburg, MD 20871

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 1,797 SF
  • 10 Years
  • £33.93 /SF/PA £2.83 /SF/MO £365.19 /m²/PA £30.43 /m²/MO £60,967 /PA £5,081 /MO
  • Triple Net
12101 Chestnut Branch Way - 1st Floor
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Currently leased to Wells Fargo. Tenant will vacate 11/1/23

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Bank
  • Highly Desirable End Cap Space
Space Size Term Rent Service Type
1st Floor 1,797 SF 10 Years £33.93 /SF/PA £2.83 /SF/MO £365.19 /m²/PA £30.43 /m²/MO £60,967 /PA £5,081 /MO Triple Net

12101 Chestnut Branch Way - 1st Floor

Size
1,797 SF
Term
10 Years
Rent
£33.93 /SF/PA £2.83 /SF/MO £365.19 /m²/PA £30.43 /m²/MO £60,967 /PA £5,081 /MO
Service Type
Triple Net
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Currently leased to Wells Fargo. Tenant will vacate 11/1/23

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Bank
  • Highly Desirable End Cap Space

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 Clarksburg Village Center

  • Harris Teeter

PROPERTY FACTS FOR New Cut Rd , Clarksburg, MD 20871

Centre Type Neighborhood Center
Parking 695 Spaces
Stores 20
Centre Properties 8
Gross Leasable Area 106,182 SF
Total Land Area 57.02 AC
Year Built 2013

About the Property

• Clarksburg Village Center (CVC) is a vibrant grocery-anchored center in the heart of Clarksburg, MD featuring approximately 109,000 square feet of Class A retail space. • CVC serves the daily shopping needs of the greater Clarksburg area with a population of approximately 43,000 within a three mile radius. • CVC is an integral part of the growing Clarksburg area currently comprised of 9,891 approved residential units. • High area average household incomes of $150,000+ in a 1 mile radius and $125,000+ in a 3 mile radius. • Just minutes from I-270, Rt. 355, and Hwy. 27.

  • Listing ID: 13427750

  • Date on Market: 12/09/2023

  • Last Updated:

  • Address: New Cut Rd, Clarksburg, MD 20871

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