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5849 Harbour View Blvd 22,395 SF 100% Leased Office Building Suffolk, VA 23435 $7,250,000 ($323.73/SF) 7.83% Cap Rate
INVESTMENT HIGHLIGHTS
- Please see the link to access the OM. https://www.divaris.com/properties/?propertyId=1183831-sale
EXECUTIVE SUMMARY
5849 Harbour View Blvd is a two-story medical office building located in the Harbourview/North Suffolk submarket, one of the fastest growing areas in the region. The submarket contains 1.4 million square feet of office space, and the current vacancy stands at just 3.9%. Strategically positioned on Harbour View’s main thoroughfare, the property offers excellent visibility and access.
Developed in 2008, the building measures 22,395 square feet and is home to Konikoff Dentistry (Dental Care Alliance), United Property Association, Chesapeake Regional Medical Associates, and Klar Holmes Orthodontics (Dental Care Alliance).
Developed in 2008, the building measures 22,395 square feet and is home to Konikoff Dentistry (Dental Care Alliance), United Property Association, Chesapeake Regional Medical Associates, and Klar Holmes Orthodontics (Dental Care Alliance).
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
22,395 SF
Building Class
B
Year Built
2008
Price
$7,250,000
Price Per SF
$323.73
Cap Rate
7.83%
NOI
$567,880
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,198 SF
Building FAR
0.29
Lot Size
1.80 AC
Zoning
GENERAL CO
Parking
105 Spaces (4.69 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Signage
PROPERTY TAXES
| Parcel Number | 306000754 | Improvements Assessment | $3,456,600 |
| Land Assessment | $949,700 | Total Assessment | $4,406,300 |
PROPERTY TAXES
Parcel Number
306000754
Land Assessment
$949,700
Improvements Assessment
$3,456,600
Total Assessment
$4,406,300
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5849 Harbour View Blvd
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