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Mill Dam Crossing 1423-1427 N Great Neck Rd 5,378 - 10,756 SF of Office Space Available in Virginia Beach, VA 23454
HIGHLIGHTS
- Located in the heart of Great Neck., Unit 104 restaurant with an existing hood
- Easy access to I-264 and Shore Drive.
- Tenants include: Havana Restaurant, Alpine Chiropractic, and Papa John’s.
- Two-story, mixed-use center .
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 200 | 5,378 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $129.17 /m²/YR $10.76 /m²/MO $5,378 /MO $64,536 /YR | Triple Net (NNN) | ||
| 2nd Floor, Ste 201 | 5,378 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $129.17 /m²/YR $10.76 /m²/MO $5,378 /MO $64,536 /YR | Triple Net (NNN) |
1423-1427 N Great Neck Rd - 2nd Floor - Ste 200
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 10,756 SF of adjacent space
1423-1427 N Great Neck Rd - 2nd Floor - Ste 201
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 10,756 SF of adjacent 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 broker 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 MILL DAM CROSSING
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Havana
- Restaurant
- -
- -
- Papa John's
- Pizza
- 4,718
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Havana | Restaurant | - | - |
| Papa John's | Pizza | 4,718 | International |
PROPERTY FACTS
| Total Space Available | 10,756 SF | Frontage | 242’ on N Great Neck Rd |
| Center Type | Strip Center | Gross Leasable Area | 23,152 SF |
| Parking | 60 Spaces | Total Land Area | 1.88 AC |
| Stores | 14 | Year Built | 1989 |
| Center Properties | 1 | Cross Streets | none |
| Total Space Available | 10,756 SF |
| Center Type | Strip Center |
| Parking | 60 Spaces |
| Stores | 14 |
| Center Properties | 1 |
| Frontage | 242’ on N Great Neck Rd |
| Gross Leasable Area | 23,152 SF |
| Total Land Area | 1.88 AC |
| Year Built | 1989 |
| Cross Streets | none |
ABOUT THE PROPERTY
Mill Dam Crossing is a 2-story mixed-use development with both retail and office. The property is centrally located in the heart of Great Neck and has easy access from I-264 to the south and Shore Drive to the north.
- Pylon Sign
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| N Great Neck Rd | Harbor Ln, NW | 39,845 | 2022 | 0.07 mi |
| North Great Neck Road | N Great Neck Rd, NW | 36,748 | 2022 | 0.10 mi |
| Mill Dam Road | Hawaiian Dr, W | 8,575 | 2022 | 0.35 mi |
| N Great Neck Rd | First Colonial Rd, S | 34,222 | 2022 | 0.36 mi |
| Laurel Cove Dr | Laurelfield Ct, W | 1,188 | 2022 | 0.37 mi |
| Laurel Cove Drive | Laurelfield Ct, W | 1,192 | 2022 | 0.37 mi |
| Mill Dam Rd | Palmetto Ave, W | 7,750 | 2022 | 0.42 mi |
| Laurel Cove Dr | Parkside Pl, W | 1,320 | 2022 | 0.44 mi |
| Laurel Cove Drive | Laurel Cove Cir, E | 1,192 | 2022 | 0.49 mi |
| Baycliff Dr | Crestview Lndg, N | 2,455 | 2022 | 0.56 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
Aerial of Surrounding Area