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Cascades Marketplace 21050 Southbank St 2,095 - 52,079 SF of Space Available in Sterling, VA 20165
HIGHLIGHTS
- Town Center with nightlife, food and beverage
SPACE AVAILABILITY (6)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 2,095 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | |
| 1st Floor, Ste 10 | 3,400-6,700 SF | 11’ | 10-20 Years | $35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $19,542 /MO $234,500 /YR | Triple Net (NNN) | |
| 1st Floor, Ste 140 | 4,568 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | |
| 1st Floor, Ste 240 | 6,280 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 60 | 30,000 SF | 15’ | 10-20 Years | $19.00 /SF/YR $1.58 /SF/MO $204.51 /m²/YR $17.04 /m²/MO $47,500 /MO $570,000 /YR | Triple Net (NNN) | |
| 2nd Floor, Ste 250 | 2,436 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
46309 Cranston St - 1st Floor
prime retail opportunity.
- Excellent visibility
21000 Southbank St - 1st Floor - Ste 10
Former Bray & Scarff end-cap space.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Finished Ceilings: 11’
- Excellent visibility
20980 Southbank St - 1st Floor - Ste 140
Formerly Petco, recently vacated. Part of Cascades Marketplace, a town center that is undergoing a transformative renovation completing in 2024. The new town center will be a pedestrian-oriented marketplace featuring Giant, OneLife, Starbucks, Shake Shack, Local Provisions, and some of the DC area's most up and coming restaurant operators.
- Excellent visibility
21000 Southbank St - 1st Floor - Ste 240
prime retail opportunity.
- Excellent visibility
46262 Cranston St - 1st Floor - Ste 60
Formerly Marshall's, recently vacated. Very large box, 20' ceiling heights and largely column free. Part of Cascades Marketplace, a town center that is undergoing a transformative renovation completing in 2024. The new town center will be a pedestrian-oriented marketplace featuring Giant, OneLife, Starbucks, Shake Shack, Local Provisions, and some of the DC area's most up and coming restaurant operators.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Anchor Space
- Central Air Conditioning
- Corner Space
- Finished Ceilings: 15’
- Junior Anchor
21000 Southbank St - 2nd Floor - Ste 250
2nd floor office space above CHIKO
- Fully Built-Out as Standard Office
- Excellent visibility
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 CASCADES MARKETPLACE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Chiko
- Retailer
- -
- -
- Giant Foods
- Supermarket
- 567
- National
- Local Provisions
- Retailer
- -
- -
- Onelife Fitness
- Fitness
- 58
- National
- Shake Shack
- Accommodation and Food Services
- -
- -
- Starbucks
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Chiko | Retailer | - | - |
| Giant Foods | Supermarket | 567 | National |
| Local Provisions | Retailer | - | - |
| Onelife Fitness | Fitness | 58 | National |
| Shake Shack | Accommodation and Food Services | - | - |
| Starbucks | Retailer | - | - |
PROPERTY FACTS
ABOUT THE PROPERTY
The Cascades Shopping Center is located on one of the best crossroads of Loudon County. The Giant and Home Depot-anchored shopping center is in the process of a full transformation, including a new housing development, elegant green streetscaping, a pedestrian-friendly redesign, and a new tenant group featuring some of the area’s premier restaurants, all set to complete early 2024 in what will be one of Loudon's most vibrant lifestyle centers. 30,000 s.f. junior anchor available. Current tenants include Starbucks, OneLife Fitness, and Shake Shack (coming in 2025).
- Air Conditioning
- Dedicated Turn Lane
- Signage
- Signalized Intersection
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Whitfield Pl | Cranston St, S | 6,861 | 2022 | 0.04 mi |
| Palisade Parkway | Sonoma Way, W | 15,891 | 2022 | 0.13 mi |
| Palisade Parkway | Palisade Pkwy, E | 12,911 | 2022 | 0.29 mi |
| Palisade Parkway | Primula Ct, NE | 12,911 | 2022 | 0.32 mi |
| Palisade Pkwy | Primula Ct, NE | 718 | 2018 | 0.32 mi |
| Westlake Dr | Cascades Pkwy, SE | 3,420 | 2022 | 0.36 mi |
| Crouch St | Jefferson Dr, NW | 43 | 2018 | 0.41 mi |
| Palisade Pkwy | Canberra Dr, W | 14,797 | 2022 | 0.41 mi |
| Potomac View Road | Mirror Ridge Pl, SE | 10,925 | 2022 | 0.42 mi |
| Palisade Pkwy | Canberra Dr, E | 14,797 | 2022 | 0.43 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
Shake Shack - Cascades
Cascades 5
Photo 34
Cascades 3
DSC_0099
Photo 2
20950-21070 Southbank St
Photo 8
Photo 3
Photo 1
Aerial