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Kemps River Center 5394 Kempsriver Dr 1,200 - 8,380 SF of Retail Space Available in Virginia Beach, VA 23464
HIGHLIGHTS
- Busy shopping & business community encompassing more than 300,000 SF
- Ample parking throughout
- More than 80 retailers, restaurants and service providers
- Near one of the busiest intersections in the City of Virginia Beach
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5312-101 | 1,200 SF | Negotiable | $21.00 /SF/YR $1.75 /SF/MO $226.04 /m²/YR $18.84 /m²/MO $2,100 /MO $25,200 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 5386-105 | 1,360-2,796 SF | Negotiable | $21.00 /SF/YR $1.75 /SF/MO $226.04 /m²/YR $18.84 /m²/MO $4,893 /MO $58,716 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 5386-106 | 1,436-2,796 SF | Negotiable | $21.00 /SF/YR $1.75 /SF/MO $226.04 /m²/YR $18.84 /m²/MO $4,893 /MO $58,716 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 5394-109 | 1,588 SF | Negotiable | $22.00 /SF/YR $1.83 /SF/MO $236.81 /m²/YR $19.73 /m²/MO $2,911 /MO $34,936 /YR | Triple Net (NNN) |
5394 Kempsriver Dr - 1st Floor - Ste 5312-101
- Lease rate does not include utilities, property expenses or building services
5386 Kempsriver Dr - 1st Floor - Ste 5386-105
- Lease rate does not include utilities, property expenses or building services
5386 Kempsriver Dr - 1st Floor - Ste 5386-106
Can combine 105 and 106 to equal 2,796 square.
- Lease rate does not include utilities, property expenses or building services
5312 Kempsriver Dr - 1st Floor - Ste 5394-109
Beautifully renovated center! NNN's are $5.24psf.
- Lease rate does not include utilities, property expenses or building services
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.
PROPERTY FACTS
ABOUT THE PROPERTY
Beautifully renovated KempsRiver Center is located along Kempsriver Drive and is across the street from Kempsriver Crossing. Kempsville is a densely populated section of Virginia Beach. Near one of the buesiest intersections in the city of Virginia Beach with combined traffic count of approximately 100,000 vehicles per day.
- Bus Line
- Dedicated Turn Lane
- Signalized Intersection
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Kempsriver Dr | Fordham Dr, SW | 8,275 | 2022 | 0.14 mi |
| Indian River Rd | Ferry Point Rd, SE | 61,296 | 2022 | 0.16 mi |
| Indian River Rd | Fenton St, NW | 60,076 | 2022 | 0.24 mi |
| Indian River Road | Fenton St, NW | 59,372 | 2022 | 0.24 mi |
| Indian River Rd | Kempsville Rd, NW | 65,104 | 2022 | 0.38 mi |
| Indian River Road | Kempsville Rd, NW | 59,372 | 2022 | 0.38 mi |
| Indian River Rd | General St, SE | 57,551 | 2022 | 0.40 mi |
| Whitehurst Landing Rd | Banquo St, N | 3,496 | 2022 | 0.42 mi |
| Indian River Rd | Ferrell Pkwy, SE | 64,846 | 2022 | 0.43 mi |
| Indian River Road | Ferrell Pkwy, SE | 59,372 | 2022 | 0.43 mi |
NEARBY MAJOR RETAILERS
