4000 Portsmouth Blvd
Chesapeake, VA
Price:
$1961000
NOI:
$88,236
Building Size:
Approx. 3050 Sq. Ft.
Lot Size:
Approx. 0.99 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2015
Investment Overview
- 3,050+/- SF Building on .99+/- Acre Site
- 15-Yr Corp Ground Lease, w/ 10% Rent Bumps Every 5-Yrs
- Located at the Intersection of Portsmouth Blvd (30,000 Cars / Day) & Dock Landing Rd
- Near Walmart, Sam’s Club, Ross, Old Navy, Michael’s, Petsmart, Home Depot, & Best Buy
- Near Chesapeake Square (717,000+ SF) | Elizabeth Manor Golf (18-Hole Championship Course)
- 53 Companies from 17 different countries & 30 Corp. U.S. HQ companies call Chesapeake, VA home
- 3-Mile Radius: 2015 Est 2,198 Busi w/ 21,748 Empl 1-Mile Average Household Income: $91,152
- Chesapeake is 25-Miles W of Virginia Beach (5.5 Million Visitors) | 1.5-Hours SE of Richmond, VA
- Virginia Beach – Norfolk – Newport News (MSA) | Population: 1,700,000