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NORFOLK OFFICE CONDOMINIUM 3 Condos Offered at $2,257,000 in Norfolk, VA
Investment Highlights
- Zero Landlord responsibilities
- Fully leased properties to Cordental Dental Group
- Annual Increases
- Prime locations in Downtown Norfolk and Wards Corner
- Established practice with over 45 locations
Executive Summary
We are pleased to offer this 100% leased dental office portfolio in the Downtown Norfolk and Wards Corner submarkets of Norfolk, leased to the
Cordental Group. Cordental Group is a regional DSO (Dental Service Organization) that operates in 9 states and oversees more than 45 practices.
Don’t miss out on this rare opportunity to own these Dental leased properties with zero landlord responsibilities in two highly sought-after submarkets.
Cordental Group. Cordental Group is a regional DSO (Dental Service Organization) that operates in 9 states and oversees more than 45 practices.
Don’t miss out on this rare opportunity to own these Dental leased properties with zero landlord responsibilities in two highly sought-after submarkets.
Property Facts
| Price | $2,257,000 | Status | Active |
| Price / SF | $359.45 / SF | Number of Properties | 3 |
| Cap Rate | 7% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 6,279 SF |
| Price | $2,257,000 |
| Price / SF | $359.45 / SF |
| Cap Rate | 7% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 6,279 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Granby Street Building
7400 Granby St, 1st Floor - Unit D, Norfolk, VA 23505 |
Condo | 3,400 SF | 1986 | - |
| 220 W Brambleton Ave, 1st Floor - Unit 110, Norfolk, VA 23510 | Office/Medical Condo | 2,029 SF | 1954 | - |
| 220 W Brambleton Ave, 1st Floor - Unit 112, Norfolk, VA 23510 | Office/Medical Condo | 850 SF | 1954 | - |
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NORFOLK OFFICE CONDOMINIUM