7629 Chesapeake Blvd - Retail FOR SALE


Norfolk, VA 23513
$1,000,000 USD
757-497-4446
7629 Chesapeake Blvd, Norfolk, VA for Sale
$1,000,000 USD
Retail - FOR SALE
1/1
null | 7.24% Cap Rate

7629 Chesapeake Blvd
Norfolk, VA 23513


HIGHLIGHTS

  • New 5-year three-month, modified net Lease with established retailer
  • Recently re-modeled with interior and exterior paint, floor coverings, new kitchen, updated lighting, mechanical, new parking lot, etc.
  • The building features a showroom, offices, and high ceiling warehouse areas, 2 dock-high overhead doors, 20 parking spaces, fenced rear yard area.
  • Free-standing pylon sign

OVERVIEW

Former NORVA Barber Supply property located just off Little Creek Road on Chesapeake Blvd. at the corner of Chesapeake Blvd. and Avenue J across the street from Wawa’s Convenience Store.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

7.24%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

C-N

APN/PARCEL ID

06634400

ASK ABOUT THIS PROPERTY

Bryan GilpinSam Segar & Associates, Inc.More Info
757-497-4446

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Bryan GilpinSam Segar & Associates, Inc.More Info
757-497-4446

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