5357-5359 E Princess Anne Rd - Convenience Store FOR SALE


Norfolk, VA 23502- River Oaks
$1,192,250 USD
310-463-5463
5357-5359 E Princess Anne Rd, Norfolk, VA for Sale
$1,192,250 USD
Convenience Store - FOR SALE
1/10
null | 8% Cap Rate

5357-5359 E Princess Anne Rd
Norfolk, VA 23502
River Oaks


HIGHLIGHTS

  • Perfect Value-Add Repositioning, Redevelopment, or Owner/User Opportunity
  • 20,000 Cars Per day + Population of Over 105,000 Within 3 Miles
  • 7-Eleven was Reporting $2.2M in Sales in 2017
  • Kulture Kutz Barber Shop is Month-to-Month With Interest in a Long Term Lease Extension
  • Property has Drive-Thru Capability

OVERVIEW

Perfect Value-Add Repositioning, Redevelopment, or Owner/User Opportunity Property has Drive-Thru Capability 7-Eleven (Dark) Has 2.5 Years Remaining on the Lease Kulture Kutz Barber Shop is Month-to-Month With Interest in a Long Term Lease Extension 7-Eleven was Reporting $2.2M in Sales in 2017 20,000 Cars Per day + Population of Over 105,000 Within 3 Miles

FOR SALE DETAILS

PRICE

$1,192,250 USD

PRICE/SF

$284 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

B-1

APN/PARCEL ID

37744100

ASK ABOUT THIS PROPERTY

Tyler KolligianThe Kase GroupMore Info
310-463-5463

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Tyler KolligianThe Kase GroupMore Info
310-463-5463

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