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Bayview Shopping Center 2 Retail Properties Offered at $4,500,000 in Norfolk, VA
INVESTMENT HIGHLIGHTS
- Over 34,000 VPD at the intersection of Chesapeake Blvd. and E. Little Creek Road.
- Above average Wawa and CVS locations nearby according toplacer.ai CVS: 80% nationally; ranked 4th out of 21 locations locally. Wawa: 70% nationally; r
- Serves the Little Creek Amphibious Base community with 19,000 daytime population.
EXECUTIVE SUMMARY
Investment property or owner occupant opportunity in a convenient retail center immediately off the signalized intersection of Chesapeake Boulevard and E. Little Creek Road near CVS and Wawa. Bayview Plaza is an established shopping center with a diverse array of restaurant and public facing medical office space. 6,886 SF space formerly occupied by a primary care doctors office is available to occupy or lease.
PROPERTY FACTS
| Price | $4,500,000 | Number of Properties | 2 |
| Price / SF | $202.78 / SF | Individually For Sale | 0 |
| Cap Rate | 6% | Total Building Size | 22,192 SF |
| Sale Type | Investment | Total Land Area | 2.22 AC |
| Status | Active |
| Price | $4,500,000 |
| Price / SF | $202.78 / SF |
| Cap Rate | 6% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 22,192 SF |
| Total Land Area | 2.22 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Bayview Plaza Shopping Center
7924 Chesapeake Blvd, Norfolk, VA 23518 |
Retail | 11,096 SF | 1978 | - |
| 7930 Chesapeake Blvd, Norfolk, VA 23518 | Retail | 11,096 SF | 1978 | - |
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Bayview Shopping Center
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