1860 Colonial Medical Ct - Medical FOR SALE


Virginia Beach, VA 23454- Northeast Virginia Beach
$740,000 USD
757-720-4800
1860 Colonial Medical Ct, Virginia Beach, VA for Sale
$740,000 USD
Medical - FOR SALE
1/3
null | 6.5% Cap Rate

1860 Colonial Medical Ct
Virginia Beach, VA 23454
Northeast Virginia Beach


HIGHLIGHTS

  • Exceptional Medical Office Investment Opportunity in Prime Location of Virginia Beach,VA

OVERVIEW

Exceptional Medical Office Investment Opportunity in Prime Location of Virginia Beach,VA Positioned in the highly sought-after First Colonial submarket, 1860 Colonial Medical Ct offers a rare chance to acquire a stabilized, income-producing medical office property with strong fundamentals. This 2,991 SF building is 100% leased to a long-term tenant, under a modified gross lease through June 2032.

FOR SALE DETAILS

PRICE

$740,000 USD

PRICE/SF

$247 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,220 SF

ZONING

O-2

APN/PARCEL ID

2408-53-5297

ASK ABOUT THIS PROPERTY

David HunterHunter Paul CommercialMore Info
757-720-4800

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David HunterHunter Paul CommercialMore Info
757-720-4800

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