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Automotive Highway Properties Portfolio
Norfolk, VA Meadowbrook Forest/Hunt Club

$26,000,000 USD

General Retail For Sale • 86,500 SF

15 Properties View all

Property Details

Property Type General Retail
Cap Rate 5.00 %

44 Transit Score

47 Walk Score

                
                    Highlights
                
                                Portfolio tenants include: Avis Car Rental, Leslie’s Pool Supplies, car and truck repairs, car stereo installation, and used car dealerships.
                            
                                Many of the parcels have great highway exposure to attract automobile dealerships and related service facilities clientele.
                            
                                Close to the Norfolk International Airport (“ORF”) located on major thoroughfares.
                            
                                Excellent signage in place on most properties for high visibility.

Financial Summary (Actual)

Net Operating Income: $1,300,000 USD (2023)

Cap Rate:

5.00 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
	12 min	-	6.1 mi
Airport	Drive	Walk	Distance
Norfolk International	7 min	-	2.3 mi
Newport News/Williamsburg International	38 min	-	25.5 mi

Lawrence Fleder 757-623-1062 JCF

Automotive Highway Properties Portfolio Norfolk, VA Meadowbrook Forest/Hunt Club