2829 Shore Dr - Medical FOR SALE


Virginia Beach, VA 23451
$5,670,000 USD
757-497-2113
2829 Shore Dr, Virginia Beach, VA for Sale
$5,670,000 USD
Medical - FOR SALE
1/3
null | 6.5% Cap Rate

2829 Shore Dr
Virginia Beach, VA 23451


HIGHLIGHTS

  • Please see link to access the OM. https://www.divaris.com/properties/?propertyId=1183859-sale

OVERVIEW

2829 Shore Drive is a two-story medical office building located in the Hilltop/Great Neck submarket of Virginia Beach, one of the most upscale pockets in Hampton Roads. The submarket contains 1.2 million square feet, with a vacancy rate of just 5.0%. The property’s prime location at the corner of Shore Drive and Great Neck Road – just a block from the Chesapeake Bay – makes it one of the most recognizable buildings in the area. Developed in 2005, the property measures 12,571 square feet and is home to Konikoff Dentistry (Dental Care Alliance) and Sailon Plastic Surgery.

FOR SALE DETAILS

PRICE

$5,670,000 USD

PRICE/SF

$451 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

B2

APN/PARCEL ID

1590-30-6514

ASK ABOUT THIS PROPERTY

Jason Oliver, CCIMDivaris Real Estate, Inc.More Info
757-497-2113

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jason Oliver, CCIMDivaris Real Estate, Inc.More Info
757-497-2113

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.