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1533 Volvo Pky
Chesapeake, VA 23320
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Please see the link to access the OM. https://www.divaris.com/properties/?propertyId=1183851-sale
EXECUTIVE SUMMARY
1533 Volvo Pkwy is a two-story medical office building located in the Greenbrier submarket, one of the most established and desirable submarkets in the area. Greenbrier contains approximately 3.9 million square feet of office space, and the vacancy rate stands at 8.9%. Prime frontage on highly trafficked Volvo Parkway offers great visibility and access.
Developed in 2011, the building measures 12,732 square feet and is the home to Konikoff Dentistry and Klar Holmes Orthodontics, both part of the Dental Care Alliance family.
Developed in 2011, the building measures 12,732 square feet and is the home to Konikoff Dentistry and Klar Holmes Orthodontics, both part of the Dental Care Alliance family.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
12,732 SF
Building Class
B
Year Built
2011
Price
$6,576,375 CAD
Price Per SF
$516.52 CAD
Cap Rate
7%
NOI
$460,346 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,366 SF
Slab To Slab
12’
Building FAR
0.21
Lot Size
1.40 AC
Zoning
PUD
Parking
75 Spaces (5.89 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Controlled Access
PROPERTY TAXES
| Parcel Number | 0380000001230 | Improvements Assessment | $3,996,121 CAD |
| Land Assessment | $1,282,714 CAD | Total Assessment | $5,278,836 CAD |
PROPERTY TAXES
Parcel Number
0380000001230
Land Assessment
$1,282,714 CAD
Improvements Assessment
$3,996,121 CAD
Total Assessment
$5,278,836 CAD
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