Judd Bostian 7039999150
Patrick Hayden 7034484300

Clarksburg Village Center New Cut Rd 1,797 SF of Retail Space Available in Clarksburg, MD 20871

SPACE AVAILABILITY (1)

1st Floor
1,797 SF
10 Years
$43.00 /SF/YR $3.58 /SF/MO $462.85 /m²/YR $38.57 /m²/MO $6,439 /MO $77,271 /YR
Triple Net (NNN)

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	Rental Rate	Rent Type
1st Floor	1,797 SF		10 Years	$43.00 /SF/YR $3.58 /SF/MO $462.85 /m²/YR $38.57 /m²/MO $6,439 /MO $77,271 /YR	Triple Net (NNN)

Size

1,797 SF

Term

10 Years

Rental Rate

$43.00 /SF/YR $3.58 /SF/MO $462.85 /m²/YR $38.57 /m²/MO $6,439 /MO $77,271 /YR

Rent Type

Triple Net (NNN)

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

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 CLARKSBURG VILLAGE CENTER

Harris Teeter

PROPERTY FACTS

Total Space Available	1,797 SF	Center Properties	8
Center Type	Neighborhood Center	Gross Leasable Area	106,182 SF
Parking	695 Spaces	Total Land Area	57.02 AC
Stores	20	Year Built	2013

Total Space Available	1,797 SF
Center Type	Neighborhood Center
Parking	695 Spaces
Stores	20
Center 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.

Clarksburg Village Brochure

TRAFFIC

COLLECTION STREET	CROSS STREET	TRAFFIC VOLUME	YEAR	Distance
Little Seneca Parkway	-	3,331	2022	0.04 mi
Snowden Farm Parkway	Newcut Rd, SE	8,332	2022	0.12 mi
Skylark Road	-	4,810	2022	0.39 mi
Snowden Farm Parkway	-	8,376	2022	0.57 mi
Little Seneca Parkway	Muscadine Dr, W	3,314	2022	0.66 mi
Skylark Road	Yellowwood, W	4,070	2022	0.68 mi
Newcut Road	Houser Dr, E	764	2022	0.72 mi
Frederick Road	Newcut Rd, NW	17,948	2022	0.78 mi
Little Seneca Parkway	Frederick Rd, NE	2,860	2022	0.82 mi
Frederick Rd	Greenridge Dr, SE	13,500	2022	0.87 mi