4456 Corporation Ln - Office FOR SALE


Virginia Beach, VA 23462
$5,700,000 USD
757-228-1817
4456 Corporation Ln, Virginia Beach, VA for Sale
$5,700,000 USD
Office - FOR SALE
1/7
null | Request Cap Rate

4456 Corporation Ln
Virginia Beach, VA 23462


HIGHLIGHTS

  • Quality Class B+ Office Building
  • Full Second Floor Available, Perfect for Owner User
  • Excellent Window Line with Flexible Office Build Out Configuration
  • Premier Town Center Location; Proximate to Town Center Amenities
  • Located in Highest Regarded Submarket in the MSA; Highly Accessible Regional Location
  • Attractive Financing; Assumable

OVERVIEW

Colliers is pleased to present Corporate Center 2 for Sale for the first time in over a decade. The building is situated in the thriving Town Center area of Virginia Beach - one of the lowest vacancy submarkets in the region. At ± 53,000 SF, the building is mid-sized with flexible floorplates and a full glass line. This makes office layouts a breeze both in open plan or private office. A few minutes’ drive to I-264 creates easy access to the region and all the amenities of Town Center and Pembroke Mall make this a terrific location. In its current state, it is a perfect opportunity for an owner-user to purchase the building and allow other tenants to pay a substantial portion of the debt service. The building also has the potential to be repositioned and taken back to market as a multi-tenant office building in one of the most desired submarkets in the region.

FOR SALE DETAILS

PRICE

$5,700,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Corporate Center II

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

212

LAND DETAILS

LAND ACRES

3.59 AC

LAND SF

156,380 SF

ZONING

B3

APN/PARCEL ID

1477-66-6747

ASK ABOUT THIS PROPERTY

Gray RandolphColliers | VirginiaMore Info
757-228-1817

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Gray RandolphColliers | VirginiaMore Info
757-228-1817

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