5256 Providence Rd - Bank FOR SALE
Virginia Beach, VA 23464 |
$2,738,000 USD
704-379-1985
5256 Providence Rd
Virginia Beach, VA 23464
HIGHLIGHTS
- Signalized corner intersection | Providence Rd & Fairfield SC
- Brand new scrape & rebuild of old Domino’s building shown in aerials
- Desirable lease | Fresh 15-year term
- Absolute Net Ground Lease | Zero landlord responsibilities
- Corporate lease | JP Morgan Chase Bank, N.A. | 4,700 locations worldwide
- Outparcel of Fairfield Village Shopping Center | Approx. 200K SF of retail space | Food Lion & TJ Maxx anchored | Recent renovations
FOR SALE DETAILS
PRICE
$2,738,000 USD
PRICE/SF
$821 USD /SF
CAP RATE
4.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Chase Bank Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
0.6 AC
LAND SF
26,136 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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704-379-1985
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704-379-1985
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