3601-3605 High St - Freestanding FOR SALE


Portsmouth, VA 23707
$1,085,000 USD
757-627-8611
3601-3605 High St, Portsmouth, VA for Sale
$1,085,000 USD
Freestanding - FOR SALE
1/9
null | 8.07% Cap Rate

3601-3605 High St
Portsmouth, VA 23707


HIGHLIGHTS

  • 100% leased retail center
  • Building features pylon signage for maximum exposure along High Street
  • Located near the busy intersection of High Street
  • 24,000 vehicles per day

OVERVIEW

The property at 3601, 3603 & 3605 High Street is an attractive investment opportunity in the Mid-City submarket of Portsmouth, VA. This fully leased, 5,043 square foot retail strip center features a diverse mix of tenants, providing stability and minimizing landlord responsibilities. Its prime location at a signalized intersection ensures high visibility and traffic, with convenient access to I-264. Additionally, the nearby presence of national retailers like Chick-fil-A, Walmart Supercenter, Kroger, T.J. Maxx, and Starbucks enhances its appeal, making it a bustling hub for local shoppers.

FOR SALE DETAILS

PRICE

$1,085,000 USD

PRICE/SF

$215 USD /SF

CAP RATE

8.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

GMU

APN/PARCEL ID

0355-0180

ASK ABOUT THIS PROPERTY

Martin MurdenS.L. Nusbaum Realty Co.More Info
757-627-8611

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Martin MurdenS.L. Nusbaum Realty Co.More Info
757-627-8611

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