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or buy separate Car lots Norfolk, VA 15 Retail Properties Offered at $26,000,000 in Norfolk, VA
Investment Highlights
- Portfolio tenants include: Avis Car Rental, Leslie’s Pool Supplies, car and truck repairs, car paint wraping, and used car dealerships.
- Close to the Norfolk International Airport (“ORF”) located on major thoroughfares.
- Many of the parcels have great highway exposure for automobile display and related service facilities clientele.
- Excellent signage in place on most properties for high visibility.
Executive Summary
Automotive sales & service facilities for sale in Norfolk, Virginia.
Primary auto and truck sales corridors; E. Virginia Beach Blvd., N. Military Highway and E. Little Creek Rd.
Priced according to productivity and/or size from $600,000 to $6,3000,000.
www.Loopnet.com.Listing/Automotive-Highway-Properties-Portfolio/17627901/
Primary auto and truck sales corridors; E. Virginia Beach Blvd., N. Military Highway and E. Little Creek Rd.
Priced according to productivity and/or size from $600,000 to $6,3000,000.
www.Loopnet.com.Listing/Automotive-Highway-Properties-Portfolio/17627901/
Taxes & Operating Expenses (Actual - 2023) |
Annual |
|---|---|
| Gross Rental Income |
-
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
-
|
| Net Operating Income |
$1,300,000
|
Taxes & Operating Expenses (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Net Operating Income | |
|---|---|
| Annual | $1,300,000 |
Property Facts
| Price | $26,000,000 | Number of Properties | 15 |
| Price / SF | $300.58 / SF | Individually For Sale | 2 |
| Cap Rate | 5% | Total Building Size | 86,500 SF |
| Sale Type | Investment | Total Land Area | 13.28 AC |
| Status | Active |
| Price | $26,000,000 |
| Price / SF | $300.58 / SF |
| Cap Rate | 5% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 15 |
| Individually For Sale | 2 |
| Total Building Size | 86,500 SF |
| Total Land Area | 13.28 AC |
Properties
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or buy separate Car lots Norfolk, VA
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