7525 Tidewater Dr - Freestanding FOR SALE
Norfolk, VA 23505 |
$2,748,000 USD
704-379-1985
7525 Tidewater Dr
Norfolk, VA 23505
HIGHLIGHTS
- Desirable Lease term | New 10-year extension signed in 2023
- Corporate Lease | Advance Stores Company, Inc. | 4,456+ locations across the U.S., Canada, Puerto Rico, and the US. Virgin Islands
- Less than 10 minutes from the world’s largest naval base| Naval Station Norfolk | 82,000 active-duty personnel | 4,631 acres
- Great visibility from Tidewater Drive | 30,000 VPD
- Outparcel to Southern Shopping Center | 219,926 SF of prime retail space
- Located inside of dense retail corridor | 3.1M SF within a 2-mile radius
FOR SALE DETAILS
PRICE
$2,748,000 USD
PRICE/SF
$236 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Auto Parts
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1963
SPRINKLERS
-
PARKING SPACES
55
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
-
APN/PARCEL ID
07363905
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704-379-1985
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704-379-1985
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