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5357-5359 E Princess Anne Rd
Norfolk, VA 23502 River Oaks

$795,000 USD

Convenience Store For Sale  •  4,203 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 4,203 SF
  • Lot Size 0.51 AC
  • Building Class C
  • Year Built 1968
  • Cap Rate 12.00 %
  • Tenancy Multiple
  • Zoning B-1
42 Transit Score
44 Walk Score

Highlights

Perfect Value-Add Repositioning, Redevelopment, or Owner/User Opportunity
20,000 Cars Per day + Population of Over 105,000 Within 3 Miles
7-Eleven was Reporting $2.2M in Sales in 2017
Kulture Kutz Barber Shop is Month-to-Month With Interest in a Long Term Lease Extension
Property has Drive-Thru Capability

Property Flyers

Cap Rate: 12.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Kulture Kutz

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Norfolk (Northeast Regional - Amtrak) 8 min - 4.1 mi
AirportDriveWalkDistance
Norfolk International 7 min - 3.1 mi
Newport News/Williamsburg International 43 min - 29.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 7
Type: Surface
Included in Rent: Yes
Tyler Kolligian 310-463-5463 The Kase Group
Tyler Kolligian 310-463-5463 The Kase Group