1896 General Booth Blvd 1 Acre of Commercial Land Offered at $1,636,364 in Virginia Beach, VA 23454

Parker Burnell is pleased to offer to qualified investors a Autobell ground lease in the Oceana/Red Mill submarket of Virginia Beach, VA. The property is situated at the corner of heavily trafficked General Booth Boulevard and Culver Lane with excellent visibility. This is a moderately populated area with over 47,579 people living within a 3-mile radius of the property. Average household income within this 1-mile radius exceeds $115,216.00.
The property is centrally located in the Oceana/Red Mill epicenter, and less than 5 miles from the Virginia Beach Oceanfront. Virginia Beach is the largest city in the Commonwealth of Virginia and the 39th largest city in the United States with a city limit population exceeding 450,000 people. Named one of America’s “50 Best Cities to Live” by 24/7 Wall Street, Virginia Beach is internationally recognized as one of the best places to live, work, and do business. The city boasts a skilled, educated workforce, strategic location, low tax rates and a dynamic, diverse economy. Because of its strategic Mid-Atlantic location, both global and U.S. markets are readily accessed through a superior multi-modal transportation network.
The property is located in the affluent Oceana/Red Mill area of Virginia Beach, which enjoys a reputation for a high quality of life thanks to its safety, affordability, top ranking schools and convenient access to surrounding Hampton Roads cities.