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5121 E Virginia Beach Blvd 999 SF Office Condo Unit Offered at $199,000 in Norfolk, VA 23502
Executive Summary
Flex property with 24-hour access, a security system, signage, reception area, storage space, and more!
Property Facts
Amenities
- 24 Hour Access
- Security System
- Signage
- Reception
- Storage Space
- Monument Signage
- Air Conditioning
Utilities
- Lighting - Incandescent
- Water - City
- Sewer - City
- Heating - Electric
1 Unit Available
Unit B1
| Unit Size | 999 SF | Sale Type | Investment or Owner User |
| Price | $199,000 | Cap Rate | 11.84% |
| Price Per SF | $199.20 | NOI | $23,567.50 |
| Condo Use | Office |
| Unit Size | 999 SF |
| Price | $199,000 |
| Price Per SF | $199.20 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| Cap Rate | 11.84% |
| NOI | $23,567.50 |
Description
This particular space was previously used as for a religious organization. Previous Tenant is a construction company.
Sale Notes
This 900 SF space is For Sale for $120,000. The space is located at 5121 E Virginia Beach Blvd in the 15,057 SF building.
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
20/100
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| McCoy Plumbing Heating & AC |
3,011 SF
|
-
|
| No Family Left Behind |
1,800 SF
|
-
|
| Salon Proteje |
1,506 SF
|
-
|
| Strong Ridge Construction LLC |
1,200 SF
|
-
|
| Construction company |
900 SF
|
December 2019
|
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Photos
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Presented by
Lin Liao
5121 E Virginia Beach Blvd
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