4210 Portsmouth Blvd
Chesapeake, VA 23321
OfficeMax · Retail Property For Sale

Value Added Opportunity: Significantly Below Market Lease Rate Huge Upside: 25% Increase in Rent at Next Option Period (9.06% CAP- September 2020) Absolute NNN: Zero Landlord Responsibilities Outparcel to Chesapeake Square Mall: Nearby Tenants include Target, Walmart, Ross, Chick-fil-A, Bj' s Wholesale Club, Old Navy and More Excellent Location: Traffic Counts of Approximately 30,000 VPD Dense Infill Location: Over 134,766 People Within 5 Mile Radius SIG works with Non-Resident Prospective Buyers In Cooperation with Russell Lynn Stanfield, VA Broker Lic# 0225222336 of JDS Real Estate Services, Inc. VA Broker Lic# 0226026959. JDS Real Estate Services, Inc. works with Prospective Virginia Resident Buyers Chesapeake is an independent city located in the U.S. commonwealth of Virginia. Chesapeake is the third-most populous city in Virginia. Chesapeake is included in the Virginia Beach-Norfolk-Newport News, VA-NC MSA. One of the cities in the South Hampton Roads, Chesapeake was organized in 1963 by voter referendums approving the political consolidation of the city of South Norfolk with the remnants of the former Norfolk County, which dated to 1691. (Much of the territory of the county had been annexed by other cities.) Chesapeake is the second-largest city by land area in the Commonwealth  of  Virginia.