3132 Lynnhurst Blvd | Chesapeake, VA 23321
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- LoopNet Team
3132 Lynnhurst Blvd
Chesapeake, VA 23321
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Single Tenant Investment Property with AAA Credit - U.S. Government, Department of Veteran Affairs - Veterans Administration Office
- Operating Expenses are Primarily Subcontracted with Auto Payments - Hands Off Landlord Responsibilities
- Located in the Heart of Chesapeake, Virginia | Strong Demographics & Population Growth | Norfolk is Home to 15 Military Installations
- Over $600,000 of Construction Build-Out/Tenant Improvements (Completed in September, 2019) New HVAC Recently Installed
- Site is Large Enough to Support an Additional Building Up to 7,000 SF
- With more than 80,000 Active-Duty Military personnel, the Region has One of the Largest Concentrations of Armed Forces in the United States
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
5,000 SF
Building Class
A
Year Built/Renovated
2004/2019
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.05
Lot Size
2.50 AC
Zoning
B1 - Business District
Parking
26 Spaces (5.2 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 0090000001310 | Improvements Assessment | $1,021,000 |
| Land Assessment | $624,000 | Total Assessment | $1,645,000 |
PROPERTY TAXES
Parcel Number
0090000001310
Land Assessment
$624,000
Improvements Assessment
$1,021,000
Total Assessment
$1,645,000
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