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1716 Lambert Ct

Chesapeake, VA 23320

$1,695,000

Warehouse For Sale  •  17,661 Sq Ft

Property Details

  • Property Type Warehouse
  • Total Building Size 17,661 Sq Ft
  • Lot Size 1 ac
  • Building Class B
  • Year Built 1985
  • Tenancy Multiple
  • Zoning PUD
30 Transit Score
25 Walk Score

Description

The 1.004-acre site is improved with a 17,661 SF office building (45% finished/conditioned) and associated site improvements. Constructed in 1985, the improvements are judged to be in average to above average condition in relation to their age of 31 years. The subject office/warehouse is considered to be well suited for a variety of potential office/warehouse users. The buildings configuration lends itself particularly well to single-user occupancy (it is currently owner-occupied) but, considering the dual front entrances, could also be utilized by two occupants. In the local market there is demonstrated demand for freestanding, single-user office/warehouse properties of this size among potential light industrial tenants. Under current market conditions, the building would likely appeal to a potential owner-user rather than a speculative investor.

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
Jo-Kell
Tidewater Opera Initiative

Amenities

  • Fenced Lot
  • Signage

Public Transportation

AirportDriveWalkDistance
Norfolk International Airport 18 min - 11.6 mi
Newport News/Williamsburg International Airport 44 min - 37.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Bill Brackman 757-523-1900 Riddle Associates, Inc.
Bill Brackman 757-523-1900 Riddle Associates, Inc.