1115 Colonial Ave
Norfolk, VA 23507
7-Eleven · Retail Property For Sale
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
About 1115 COLONIAL AVE , NORFOLK, VA 23507
Investment Grade Tenant: Investment grade credit rating; S&P AA- - Recently extended lease with 5 years remaining - One 5-year option remaining with 10% increases - Absolute NNN lease with no landlord maintenance responsibilities Historically Strong Performing Store: Single digit rent-to-sales ratio Established Location: Successful 45-year operating history Signalized Hard Corner Location: In Norfolk’s historic Ghent District Dense Infill Location: 1-mile population exceeds 38,770 Closest 7-Eleven to Sentara Norfolk General Hospital: 525-bed medical center which serves as the primary teaching institution for the adjacent Eastern Virginia Medical School, both of which are two of Norfolk’s largest employers Closest 7-Eleven to Matthew Fontaine High School: Enrollment exceeds 1,600 students
Property Taxes
| Parcel Number | 41139100 | Improvements Assessment | $312,300 |
| Land Assessment | $182,300 | Total Assessment | $494,600 |
Property Taxes
