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The subject property is a Renal Advantage (RAI) facility located in Chesapeake, Virginia that was built-to-suit- for the tenant in 1995. RAI is a wholly owned subsidiary of Fresenius Medical Care Holdings (FMCH). This dialysis clinic consists of 4,292 square feet and is strategically located off of Highway 17 and Interstate 664. The property benefits from close proximity to major health centers including Bon Secours Health Center at Harbor View and the Sentara Belle Harbour Health Center. Virginia is a Certificate of Need (CON) state, which creates significant barriers to entry in this market for any potential competitors. CON laws are designed to restrain health care facility costs and allow coordinated planning of new services and construction.
Towne Place at Greenbrier is a high-end 76,827 SF lifestyle shopping center in the heart of Hampton Roads' leading retail submarket. It is a bank-owned property that is 98% leased with a very attractive tenant mix. Tenants include Chico's, Jos A. Bank, Liberty Mutual, Scottrade, Taste Unlimited, Jersey Mike's, Cox Communications, Sola Salon Studios, and Moe's Southwest Grill.
The former home of Mary Ann Wood School of Dance is now available. The build out is perfect for a new dance studio, martial arts academy, or music school, but also could be renovated for an office user. The property is conveniently located off of Oak Grove Road, with easy access to Battlefield Blvd. The studio features 2 baths/dressing rooms, 2 instructional areas with mirrors and ballet bars and large reception area. The total studio area is 2,770 sq. ft. The property also features a detached garage and an upstairs 2 bedroom, 1 bath, 900 sq. ft. apartment.
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
FORMER CAR SALES LOT. Fantastic opportunity for Owner Occupant with possible residual income from second building. Building 1 is 1,072 S F and has showroom/front office with a 2 bay work/storage area in the rear. Plenty of off street parking. Building 2 is 1,694 S F with a front showroom, 3 offices along with a storage area. Renovations and upgrades almost completed. Sale includes an adjacent Lot that can be utilized for additional parking.
1/2 acre commercial site w/ B-2 zoning. Significant road frontage. Flat. Cleared. Visible. Retail, office, medical or light industrial uses. Existing house may be tear down; garage has value for storage & shop.
Zoning: B1 Number of Stories: 1 Year Built: 1990 Rentable Square Feet: 2,108 Lot Size: .53 acres Traffic Counts: 41,000 VPD
Convenience Store/Gas Station. Business/Property/Land being sold as is. All fixtures will convey.
4,700 SF For Sale at $595,000 ($126.54)/SF with 4,700 SF 4,700 SF Retail Day Care Center Building Built in 1978
$5,647,866Size Upon Req.
Steve Horvath and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale the Rite Aid in Chesapeake, VA. We welcome your review of this attractive investment. Highlights as follows: Public & Expanding Tenant: Rite Aid Corporation (B/B2) operates a chain of retail drugstores in the United States. As of April 20, 2015, the company operated 4,600 stores in 31 states across the United States and in the District of Columbia. Rite Aid Corporation founded in 1927 and is headquartered in Camp Hill, Pennsylvania. Rite Aid Corporate Performance: Over the past three years, Rite Aid' s stock is up over 900%. In 2014, Rite Aid had sales volume of $25BN and strong same store sales growth. Absolute Net Lease: Landlord has zero responsibilities and benefits from 2% rent increases in each option period. Operating History: Rite Aid has been operating successfully at this store for over nine years. Long Lease: Tenant has 10.5 years remaining on the initial term with four 5-year options.