380 Cleveland Pl - Loft/Creative Space FOR SALE


Virginia Beach, VA 23462- Northwest Virginia Beach
$5,765,000 USD
469-949-7540
380 Cleveland Pl, Virginia Beach, VA for Sale
$5,765,000 USD
Loft/Creative Space - FOR SALE
1/1
null | 6.85% Cap Rate

380 Cleveland Pl
Virginia Beach, VA 23462
Northwest Virginia Beach


HIGHLIGHTS

  • 15-YEAR NNN LEASE | 3.00% RENT INCREASES
  • CORPORATE GUARANTEE | ENCORE VET GROUP
  • CLINIC RELOCATION | MAJOR IMPROVEMENTS | ± $1,500,000 RENOVATION (2025)
  • GROWING PET INDUSTRY
  • PRIVATE EQUITY-BACKED | NORTH CASTLE PARTNERS
  • HIGH DENSITY AND GROWTH DEMOGRAPHICS

OVERVIEW

Exclusively Listed By: Carson Jeremiah | Associate Director | 469.949.7540 | cjeremiah@tradenetlease.com Camille Renshaw | CEO & Co-Founder | 646.770.0659 | crenshaw@tradenetlease.com In association with Kristen Zimmerman | VA License #: 0226031398

FOR SALE DETAILS

PRICE

$5,765,000 USD

PRICE/SF

$489 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

C

APN/PARCEL ID

1467-65-8469

ASK ABOUT THIS PROPERTY

469-949-7540

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469-949-7540

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