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735 Newtown Rd 6,734 SF Office Building Norfolk, VA 23502 $1,250,000 ($185.63/SF)
Investment Highlights
- Central location on city line of Norfolk/Virginia Beach
- 4 suites on the second floor: 3 under short-term leases (lease income in-place) and 1 650± square foot suite currently available
- Major building renovation in 2010
- 3,367± square feet available on the first floor (entire first floor)
- Two (2) electric meters on the first floor; four (4) electric meters on the second floor
- On-site parking to city code (27 parking stalls)
Executive Summary
Property Facts
Amenities
- Bus Line
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Alliance Legal Group, PLLC & The Law Offices Of St
- Professional, Scientific, and Technical Services
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- Goss & Fentress Law Firm
- Professional, Scientific, and Technical Services
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- -
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- Law Offices Of Steve C Taylor
- Professional, Scientific, and Technical Services
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- -
- -
- Nottingham Insurance
- Finance and Insurance
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- -
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- Professional, Scientific, and Technical Services
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The law firm of Goss and Fentress was founded by attorney John O. Goss in 1982 in Norfolk, Virginia. Mr. Goss began his private practice in the general practice of law with an emphasis in the field of SSI claims. Attorney J. Russell Fentress, IV joined the firm in 1994, at that time practicing primarily in the field of personal injury litigation. Since that time, the law firm has represented thousands of clients with cases in both of these areas of practice in Virginia and in northeastern North Carolina. Mr. Fentress opened the law firm’s first offices in Elizabeth City, North Carolina. In 2008 and 2010, respectively, Attorneys Erick A. Bowman and John E. Basilone joined the law firm, bringing additional and substantial legal experience to the practice. Mr. Bowman’s experience included representing Social Security disability claimants throughout the States of Virginia and North Carolina, and in Washington DC.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Alliance Legal Group, PLLC & The Law Offices Of St | Professional, Scientific, and Technical Services | - | - | - | ||
| Goss & Fentress Law Firm | Professional, Scientific, and Technical Services | - | - | - | ||
| Law Offices Of Steve C Taylor | Professional, Scientific, and Technical Services | - | - | - | ||
| Nottingham Insurance | Finance and Insurance | - | - | - | ||
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Professional, Scientific, and Technical Services | - | - | - |
Property Taxes
| Parcel Number | 19713270 | Improvements Assessment | $472,400 |
| Land Assessment | $178,400 | Total Assessment | $650,800 |
Property Taxes
Presented by
735 Newtown Rd
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