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Inlet Fitness South 2336 Elson Green Ave 32,000 SF 100% Leased Retail Building Virginia Beach, VA 23456 $14,044,932 CAD ($438.90 CAD/SF) 6.42% Cap Rate
Executive Summary
Just signed major gym to an 11 year lease, taking 22,450 sq ft of the 32,000 building. The building is 100% occupied.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
32,000 SF
Building Class
B
Year Built/Renovated
2007/2023
Price
$14,044,932 CAD
Price Per SF
$438.90 CAD
Cap Rate
6.42%
NOI
$901,153 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.26
Lot Size
2.80 AC
Zoning
B2 - General Business District
Parking
209 Spaces (6.53 Spaces per 1,000 SF Leased)
Frontage
100’ on Elson Green Ave
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Diversified, Inc.
Inlet Fitness South | 2336 Elson Green Ave
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