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5121 E Virginia Beach Blvd 999 SF Office Condo Unit Offered at $271,536 CAD in Norfolk, VA 23502

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Executive Summary

Flex property with 24-hour access, a security system, signage, reception area, storage space, and more!

Property Facts

Total Building Size 15,057 SF
Property Type Flex (Condo)
Property Subtype
Light Distribution
  • Flex Showroom
  • Industrial Warehouse
  • Office Office Residential
Building Class C
Floors 1
Typical Floor Size 15,057 SF
Year Built 1986
Tenancy Single
Lot Size 1.04 AC
Parking Ratio 1.93/1,000 SF
Zoning C-2 - Central Commercial

Amenities

  • 24 Hour Access
  • Security System
  • Signage
  • Reception
  • Storage Space
  • Monument Signage
  • Air Conditioning

Utilities

  • Lighting - Incandescent
  • Water - City
  • Sewer - City
  • Heating - Electric

1 Unit Available

Unit B1

Unit Size 999 SF
Price $271,536 CAD
Price Per SF $271.81 CAD
Condo Use Office
Sale Type Investment or Owner User
Cap Rate 11.84%
NOI $32,157.85 CAD
Description

This particular space was previously used as for a religious organization. Previous Tenant is a construction company.

Sale Notes

This 900 SF space is For Sale for $120,000. The space is located at 5121 E Virginia Beach Blvd in the 15,057 SF building.

Major Tenant Information

TENANT SF Occupied LEASE END DATE
McCoy Plumbing Heating & AC 3,011 SF -
No Family Left Behind 1,800 SF -
Salon Proteje 1,506 SF -
Strong Ridge Construction LLC 1,200 SF -
Construction company 900 SF December 2019
  • Listing ID: 16001353

  • Date on Market: 2018-01-08

  • Last Updated:

  • Address: 5121 E Virginia Beach Blvd, Norfolk, VA 23502

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