600 Pavilion Dr | Chesapeake, VA 23322
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- LoopNet Team
600 Pavilion Dr
Chesapeake, VA 23322
Firestone Complete Auto Care · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Term Absolute NNN Lease with over 18.5 years remaining on Base Term.
- 7.5% increases every 5 years throughout the base term and each option period.
- Out-parcel to Walmart Supercenter.
- Strong corporate guarantee from Internet resistant tenant.
- High income market of the Norfolk/Virginia Beach, VA MSA | Incomes exceeding $120K
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,830 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.95 AC
Zoning
PUD
Frontage
213’ on Grassfield Pkwy
PROPERTY TAXES
| Parcel Number | 0460000001566 | Improvements Assessment | $2,494,900 |
| Land Assessment | $712,900 | Total Assessment | $3,207,800 |
PROPERTY TAXES
Parcel Number
0460000001566
Land Assessment
$712,900
Improvements Assessment
$2,494,900
Total Assessment
$3,207,800
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