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361 Effingham St
Portsmouth, VA 23704
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,750 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.75 AC
Zoning
D-2 FBC
Parking
19 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
About 361 EFFINGHAM ST , PORTSMOUTH, VA 23704
• Brand new 10-year lease featuring four 5-year options, 10% increases in the base term and options, with an early termination right in 2024 • Only drive-thru Starbucks in the City of Portsmouth with very strong sales • Excellent visibility along Effingham Street with traffic counts exceeding 23,000 VPD • Built in 2008 at the entrance to the Naval Medical Center Portsmouth - 5,000 employees • Strong neighborhing tenants, include: Wendy’s, McDonald’s, Pizza Hut, Church’s Chicken and Hardees • Over 80,000 employees in a 2-mile radius and over 122,000 residents in a 3-mile radius
Property Taxes
| Parcel Number | 0020-0180 | Improvements Assessment | $515,890 |
| Land Assessment | $238,480 | Total Assessment | $754,370 |
Property Taxes
Parcel Number
0020-0180
Land Assessment
$238,480
Improvements Assessment
$515,890
Total Assessment
$754,370
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