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Victory Plaza 3929 Victory Blvd 1,600 SF of Retail Space Available in Portsmouth, VA 23701
HIGHLIGHTS
- Heart of Portsmouth retail (opposite Victory Crossing)
- Units C & D can be subdivided
- Superior ingress / egress
- Pylon signage
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste C | 1,600 SF | 3-5 Years | $18.50 /SF/YR $1.54 /SF/MO $199.13 /m²/YR $16.59 /m²/MO $2,467 /MO $29,600 /YR | Triple Net (NNN) |
3929 Victory Blvd - 1st Floor - Ste C
$5.13 PSF is Agent's best estimate for the tenants contribution to offset Landlord's operating expenses for Common Area, real estate taxes, Insurance premium, water, storm, and storm water.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Superior Ingress and Egress
- Street Visability
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 VICTORY PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- AutoZone
- Automotive
- 7,364
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| AutoZone | Automotive | 7,364 | International |
PROPERTY FACTS
| Total Space Available | 1,600 SF | Gross Leasable Area | 18,126 SF |
| Center Type | Strip Center | Total Land Area | 5.11 AC |
| Parking | 164 Spaces | Year Built | 2002 |
| Center Properties | 3 | Cross Streets | Elmhurst Ln |
| Frontage |
| Total Space Available | 1,600 SF |
| Center Type | Strip Center |
| Parking | 164 Spaces |
| Center Properties | 3 |
| Frontage | |
| Gross Leasable Area | 18,126 SF |
| Total Land Area | 5.11 AC |
| Year Built | 2002 |
| Cross Streets | Elmhurst Ln |
ABOUT THE PROPERTY
7,999 SF Retail (Strip Center) Building
- Bus Line
- Freeway Visibility
- Pylon Sign
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Victory Boulevard | Elmhurst Ln, NW | 20,857 | 2022 | 0.02 mi |
| Victory Blvd | Elmhurst Ln, NW | 22,098 | 2022 | 0.02 mi |
| Victory Blvd | Airline Blvd, N | 21,937 | 2022 | 0.14 mi |
| Belmont Ave | Alexander St, NE | 5,833 | 2022 | 0.16 mi |
| Cavalier Blvd | Rapidan St, E | 5,635 | 2022 | 0.21 mi |
| Airline Blvd | Hyman St, SW | 9,833 | 2022 | 0.21 mi |
| I- 264 | Victory Blvd, SW | 8,503 | 2022 | 0.21 mi |
| Airline Boulevard | Victory Blvd, SW | 12,864 | 2022 | 0.29 mi |
| Airline Blvd | Victory Blvd, SW | 11,815 | 2022 | 0.29 mi |
| Victory Blvd | Airline Blvd, S | 7,662 | 2022 | 0.31 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
Victory Plaza
Victory Plaza
Alternate Building View