1419 Cedar Rd - Medical FOR SALE


Chesapeake, VA 23322- Great Bridge
$5,175,000 USD
757-333-4383
1419 Cedar Rd, Chesapeake, VA for Sale
$5,175,000 USD
Medical - FOR SALE
1/3
null | 6.92% Cap Rate

1419 Cedar Rd
Chesapeake, VA 23322
Great Bridge


HIGHLIGHTS

  • Please see link to access the OM. https://www.divaris.com/properties/?propertyId=1183846-sale

OVERVIEW

1419 Cedar Road is a two-story medical office building located in the well-established Southern Chesapeake submarket. The submarket contains 720,000 square feet of office space, and the vacancy rate stands at just 5.4%. The property benefits from a highly visible location directly across from Tidewater Community College’s Chesapeake campus. Developed in 2006, this two-story property measures 15,638 square feet and is the home to Dental Care Alliance and Cedar Road Medical Associates, part of the Bayview Medical Group family.

FOR SALE DETAILS

PRICE

$5,175,000 USD

PRICE/SF

$331 USD /SF

CAP RATE

6.92%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Konikoff Medical Office Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

PUD

APN/PARCEL ID

0464001000003

ASK ABOUT THIS PROPERTY

Jason Oliver, CCIMDivaris Real Estate, Inc.More Info
757-333-4383

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Jason Oliver, CCIMDivaris Real Estate, Inc.More Info
757-333-4383

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.