1137 London Blvd
Portsmouth, VA 23704 Downtown Portsmouth

$1,335,000 USD

Freestanding For Sale • 3,500 SF

Property Details

Property Type Freestanding
Total Building Size 3,500 SF
Lot Size 0.43 AC
Building Class C
Year Built 2022
Zoning GMU

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                Property leased to Virginia ABC under a government-backed agreement with Moody’s Aaa-rated Commonwealth.
                            
                                Recently built in 2022 with modern improvements and minimal landlord obligations.
                            
                                Healthy store performance featuring a rent-to-sales ratio under 2%.
                            
                                Located within the Norfolk-Virginia Beach metro area, serving 1.8 million residents.
                            
                                Adjacent to high-traffic retail corridor with national brands and new housing projects nearby.
                            
                                Excellent visibility along London Boulevard with an average daily traffic count of approximately 24,000 vehicles.