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1437 George Washington Hwy N 54,846 SF Specialty Building Offered at $8,278,740 CAD at a 4.41% Cap Rate in Chesapeake, VA 23323
Investment Highlights
- 480 units
- 3.3 AC land area
- NRA 51,000 SF
- 65% occupied
Executive Summary
Colliers Self Storage is pleased to exclusively offer for sale Brentwood Self Storage located at 1437 George Washington Hwy North in
Chesapeake, Virginia. Brentwood Self Storage presents investors with a compelling opportunity to acquire a long-standing, veteranowned self-storage facility in the established and supply-constrained Chesapeake submarket of Hampton Roads, Virginia—home to
the world’s largest naval station and a perpetual driver of residential and commercial storage demand.
Chesapeake, Virginia. Brentwood Self Storage presents investors with a compelling opportunity to acquire a long-standing, veteranowned self-storage facility in the established and supply-constrained Chesapeake submarket of Hampton Roads, Virginia—home to
the world’s largest naval station and a perpetual driver of residential and commercial storage demand.
Property Facts
| Price | $8,278,740 CAD | Lot Size | 3.35 AC |
| Price Per SF | $150.95 CAD | Building Size | 54,846 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 4.41% | Year Built | 1981 |
| Property Type | Specialty | Cross Streets | Battery Park Rd |
| Property Subtype | Self-Storage | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | B2 | ||
| Price | $8,278,740 CAD |
| Price Per SF | $150.95 CAD |
| Sale Type | Investment |
| Cap Rate | 4.41% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 3.35 AC |
| Building Size | 54,846 SF |
| No. Stories | 1 |
| Year Built | 1981 |
| Cross Streets | Battery Park Rd |
| Opportunity Zone |
Yes |
| Zoning | B2 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0253001000121 | Improvements Assessment | $4,396,287 CAD |
| Land Assessment | $1,107,695 CAD | Total Assessment | $5,503,982 CAD |
Property Taxes
Parcel Number
0253001000121
Land Assessment
$1,107,695 CAD
Improvements Assessment
$4,396,287 CAD
Total Assessment
$5,503,982 CAD
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1437 George Washington Hwy N
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