Newport News/Hampton and Surrounding Areas

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6109 E Virginia Beach Boulevard
Norfolk, VA 23502
MLS# 10368997 ID: 69626616
9339 sq.ft.
$1,150,000
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Property Description
Purchase,Commercial/Industrial - Norfolk, VA This highly visible, centrally located, retail strip center fronting very highly travelled Virginia Beach Boulevard is fully leased with long-term, triple net leases. This investment opportunity has good cash flow with approximately a 9.5% Cap rate. Previously a three unit strip center, one tenant is leasing two units and has done recent $300K worth of improvements. With approximately 9,339 sq. feet of building space, the property has ample parking both front and back. Great location near multiple shopping centers, Interstate 64, neighborhoods, and more. Text agent for P&Ls. Great opportunity, don't let it get away, invest today! Standard Message and Data Rates May Apply.
Property Features
Status
Days On Market 19 days
Last Updated April 12, 2021
Market Status Available
Description
Property Type Commercial
Year Built 1975
Approx. Lot Size 1.08 Acres
Sq. Feet 9339
Building Features
Central Air
Heating Fuel Electric
Exterior Features
Exterior Construction Brick
Parking Off Street; Parking Lot; Paved or Surfaced
Interior Features
Floors Carpet; Tile
Legal/Financial
Taxes 11563
Listing Features
Property Type Commercial; Purchase,Commercial/Industrial
Offered By:
Danielle Gerard
Rose & Womble Realty Company

Data Provided by Real Estate Information Network, Inc.

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