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621 Nevan Rd 16,400 SF 100% Leased Retail Building Virginia Beach, VA 23451 For Sale
Investment Highlights
- 2 - Drive-through Lanes
- Located in the middle of the Hilltop Retail District
- Full Bank Vault
Executive Summary
Building is situated on a ground Lease that can be extended until June 14, 2038.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
16,400 SF
Building Class
C
Year Built
1988
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.39
Lot Size
0.96 AC
Opportunity Zone
Yes
Zoning
B2
Parking
65 Spaces (3.96 Spaces per 1,000 SF Leased)
Frontage
239’ on Shaft Ln
Amenities
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2407-88-2294 | Improvements Assessment | $2,348,400 |
| Land Assessment | $1,166,600 | Total Assessment | $3,515,000 |
Property Taxes
Parcel Number
2407-88-2294
Land Assessment
$1,166,600
Improvements Assessment
$2,348,400
Total Assessment
$3,515,000
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621 Nevan Rd
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