This Industrial Property is no longer advertised on LoopNet.com.

740 S Military Hwy
Virginia Beach, VA 23464
Equipment Share | New 15yr Corp Abs NNN · Industrial Property For Sale

Investment Highlights

  • Brand New 15-Year Lease | Corporate Guaranteed | Rare Annual Rental Increases | EquipmentShare
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Strong Demographics in 5-Mile Trade Area | Dense Population
  • National/Credit Tenant Presence | Large Parcel (142K+ SF) | Direct Consumer Base | Robust Construction Industry
  • Located Along S. Military Highway | Excellent Visibility |Quick Access to Interstate 64 (146,000 VPD)

Property Facts

Property Type Industrial
Property Subtype
Service
  • General Retail Freestanding
Building Class C
Lot Size 3.28 AC
Rentable Building Area 15,160 SF
No. Stories 1
Year Built/Renovated 1952/1980
Tenancy Single
Parking Ratio 1.2/1,000 SF
Clear Ceiling Height 20’
No. Drive In / Grade-Level Doors 10
Zoning I1 - Light Industrial Zone

Amenities

  • Fenced Lot
  • Security System
  • Signage

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Oil (Fired)

Property Taxes

Property Taxes

Parcel Number
1456-26-8860
Land Assessment
$927,800
Improvements Assessment
$1,126,500
Total Assessment
$2,054,300
  • Listing ID: 21437039

  • Date on Market: 11/6/2020

  • Last Updated:

  • Address: 740 S Military Hwy, Virginia Beach, VA 23464

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