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5483 Virginia Beach Blvd
Virginia Beach, VA 23462 Northwest Virginia Beach

$2,928,000 USD

Freestanding For Sale  •  15,909 SF

Property Details

• Property Type Freestanding
• Total Building Size 16,000 SF
• Lot Size 1.22 AC
• Building Class B
• Year Built 1986
• Cap Rate 8.00 %
• Tenancy Single
• Zoning B2

42 Transit Score

63 Walk Score

Highlights

Positioned within the Virginia Beach MSA – Ranked #37 in the United States for population size

Successful operating history spanning multiple decades

Guitar Center has executed multiple extensions demonstrating commitment

Below average 2.3% submarket vacancy (CoStar)

Proximity to the Interstate 264 (212,000 VPD) / Interstate 64 (179,000 VPD) interchange

289,000+ people live within a five-mile radius

Property Flyers

OM-Guitar-Center-Virginia-Beach-VA

Cap Rate:

8.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Guitar Center		9/30/2031

Amenities

• Bus Line
• Pylon Sign
• Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
	12 min	-	8.2 mi
Airport	Drive	Walk	Distance
Norfolk International	14 min	-	6.3 mi
Newport News/Williamsburg International	49 min	-	31.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	17
Type:	Surface
Included in Rent:	Yes