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953 Norfolk Sq
Norfolk, VA 23502

$960,000 USD

Research And Development For Sale  •  7,812 SF

Property Details

  • Property Type Research And Development
  • Total Building Size 7,812 SF
  • Lot Size 0.56 AC
  • Building Class B
  • Year Built 1968
  • Cap Rate 8.14 %
  • Tenancy Single
  • Zoning BC-1
48 Transit Score
30 Walk Score

Highlights

Fresh 5 Year Lease
Strong Market Fundamentals
Low Maintenance Investment

Property Flyers

Cap Rate: 8.14 %

Major Tenants

Tenant SF Occupied Lease End Date
Stevenson Consulting INC 7,812 SF 2/28/2030

Public Transportation

Commuter RailDriveWalkDistance
6 min - 2.8 mi
AirportDriveWalkDistance
Norfolk International 10 min - 4.2 mi
Newport News/Williamsburg International 45 min - 28.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Myles Lee 757-275-0952 Marcus & Millichap
Myles Lee 757-275-0952 Marcus & Millichap