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RITE AID 7912 Halprin Dr 12,580 SF 100% Leased Retail Building Norfolk, VA 23518 $2,100,000 ($166.93/SF)



Investment Highlights
- Outparceled to Roosevelt Gardens Shopping Center (Tenants include Wells Fargo, Dunkin’ Donuts, Pizza Hut) (Corner of Halprin Drive and East Little Cre
- Located near national retailers (Walmart Neighborhood Market 0.7 miles away) ( 7-Eleven, Jiffy Lube, Taco Bell, AutoZone, McDonald’s, Tesla Dealership
- Within a few miles of Norfolk International Airport
- 30,000+ vehicles on average pass this property every day (24,000+ on East Little Creek Road and 6,000+ on Halprin Drive)
- Situated on a hard corner, signalized intersection (4-way road)
- Situated on a major east-west thoroughfare (Little Creek Road) connecting the Virginia Port Authority with the Little Creek Fort Story Joint Expenditu
Executive Summary
Broker of Record
Kyle Matthews
License No. 226035518 (VA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. 226035518 (VA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,580 SF
Building Class
B
Year Built
2001
Price
$2,100,000
Price Per SF
$166.93
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
1.06 AC
Zoning
42 - Commercial
Parking
48 Spaces (3.96 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
- Wheelchair Accessible
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 18259815 | Improvements Assessment | $1,675,800 |
| Land Assessment | $661,500 | Total Assessment | $2,337,300 |
Property Taxes
Parcel Number
18259815
Land Assessment
$661,500
Improvements Assessment
$1,675,800
Total Assessment
$2,337,300
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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RITE AID | 7912 Halprin Dr
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