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Building is +/- 5,000 sq ft built in 2006 Property is .823 acre and zoned B-2 Asking $1,400,000.00 For Sale or $23 psf nnn lease
The subject property includes a 5,280 sf freestanding, single story, single tenant building on a 1 acre parcel of land one mile south of I-64. Asset was built for and is currently occupied by Childtime Learning Centers, a subsidiary of Learning Care Group- the second largest for-profit child care provider in North America. Asset is secured by a 17yr absolute net lease with zero LL responsibilities and attractive rental increases throughout the initial term and each of the two 5 year option periods. Current fixed term has 5+ years remaining on it and a CPI (to a max of 10%) rental increase upcoming in 2019. The subject property is ideally situated along a high traffic street within a densely populated residential area. In addition the property is located 1/4 mile from the area's main retail trade corridor, home to numerous national tenants and immediate access to I-64. Asset affords a passive investor the rare opportunity to acquire a prime piece of real estate in a highly desirable area on the east coast, with the additional benefit of a long term net lease in place secured by a best in class tenant and providing above market returns.
High visibility corner facility. 2,100 SF Retail Service Station Building Built In 1970. Zoned B-1, close to retail, homes and services.
Please Note: 1069 and 1075 George Washington are part of a package sales offering with Back Street Center in Norfolk, Va., that address is 3080 Princess Anne Road. Two buildings of masonry, steel and glass construction in Chesapeake. Pylon signage and street presence! Superior ingress/egress to and from George Washington Hwy and Gilmerton Rd.
Three adjacent commercial lots to be sold together: 1230 & 1232 Bainbridge Blvd. 1229 Perry St. Package deal: one price, 3 lots. Zoning is B-2.
Convenience Store/Gas Station. Business/Property/Land being sold as is. All fixtures will convey.
Value Added Opportunity: Significantly Below Market Lease Rate Huge Upside: 25% Increase in Rent at Next Option Period (8.25% Cap - September 2020) Absolute NNN: Zero Landlord Responsibilities
Newly renovated building with a new roof. 34,000 VPD. Great for salon, small office or retail store. See flyer for more information on Real Estate and Business for sale.
16,000 sq. ft. building on .72 acre site B-2 ZONING Multiple uses: retail. office, special purpose Current use is religious facility, Sanctuary and Fellowship Hall Full kitchen; 8 restrooms Numerous offices and classrooms Abundant, off-street parking